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Bit Coin - What's the Market Cap of Bit Coin?
So this thirty five thousand dollar a coin price implies a market cap of six hundred fifty billion dollars. The total consolidated assets of j p morgan chase, the largest bank in the united states, is trillion. So i think bit coin would be like the fifth or sixth largest institution on that list if it were the banks that was regulated by the fete. Just compare it to, like, the market cap of apple is two point two trillion a so, for ish times as big as bit coin is, how valuable is it versus the most valuable company in the world?