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Gold vs Bitcoin Debate Reaction, Weiner vs Rochard - Daily Live 28 May 23 | E347

Bitcoin & Markets

CHAPTER

Bitcoin's Market Cap and Demand Rises

The amount of supply to meet demand is different than the total supply, obviously. So let me give some better numbers: 50% of Bitcoin is circulating and 50% is in deep cold storage. Maybe now 1% that of the total that was in cold storage comes into circulating supply. Now we have a 1% coming out of the hoards and going into the circulating supply. But what if now we say we have a $100 trillion market cap? So it's a 100 billion, 100 trillion. And we have the same 1% change. The value that has changed or the value that is now out there to meetDemand is $1 trillion worth of Bitcoin.

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