The Nixon Shock ushered in a new era in the United States — the beginning of a full fiat system.

Since that day, the U.S. stock market has been open for trading for just over 100,700 hours. This may seem like a useless data point, but Cory Bates points out that something interesting has happened this year that makes the full fiat era U.S. stock market trading hours worth noting.

Bitcoin, which was only launched in 2009, has officially surpassed the U.S. stock market in terms of trading hours. Bitcoin currently trades for over 123,000 hours, which is nearly 25% higher than the full fiat era public stock market trading hours.

First, it’s crazy that the U.S. stock market is closed for more hours per week than it is open. And it’s really eye-opening that Bitcoin, which began trading publicly less than 15 years ago, is more accessible than the public stock market has been for the past 50 years.

Second, you could say that Bitcoin is older than the full fiat era stock market. Digital currency may not be old in terms of total years, but it is certainly more mature in terms of trading hours.

Some would disagree and may claim that the history of the US stock market dates back to before 1971. While that is true, the change in monetary regime during the Nixon shock is the most important factor in today's stock market. #美国股市 #比特币是否有望达到新的峰值