Monetary Base Companion (2018 Q4)
Crypto Voices
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The Only Money Supply That's Comparable to Bitcoin's Money Supply
The monetary base, as we've talked about before, that is basically the only money supply that's comparable to Bitcoin's money supply of eventually 21 million Bitcoin. Some central banks like Japan will include coins in the monetary base, but the big ones like United States and Eurozone just follows suit there. They don't include coinage for weird historical reasons. Still has the power to mint and control currency as Ron Paul always talks about. But that just varies by central bank. And coins are a pretty small part of this anyway.
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