Under the 'governance' in Sichuan, various countries and listed companies are all entering the market to raise funds to buy Bitcoin. Let me share some data with you:
There are 19 million Bitcoins that have been mined, with approximately 3.5 million lost. The estimated real circulation is about 14 to 15 million.
The balances of several exchanges are about 2.5 million, approximately 1 million in ETFs and others, and the truly active trading volume is about 6 to 7 million.
Gold currently ranks first with a market value of 22 trillion, and Bitcoin ranks fifth with a market value of 2 trillion.
If it rises by 50%, it can surpass Microsoft and rank second.
It can be understood without exaggeration that in the coming years, Bitcoin will really not be enough for the whole world to buy.
A market value of 20 trillion for Bitcoin would not be surprising; by then, gold might have a market value of 30 trillion or more because the world is continuously experiencing inflation.
Cash is king, but this has its problems. Berkshire's cash is king, but it drags down the overall returns of its companies. Its compound annual return is 12%-14%, and Berkshire's returns in recent years have not even matched the S&P 500...
