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0 pointstshaddox4y ago0 comments

I mean what percentage of all money being spent is being spent on cryptocurrency stuff? Surely that’s gotta be approximately 0%.

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Don't know if percentage of money being spent is a good metric, but Bitcoin is 92.45% the market cap of silver, and 11% the market cap of gold.

Percentage of money spent ought to be significant if the claim is that demand for crypto is meaningfully substituting for demand for physical goods.

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Don't know if percentage of money being spent is a good metric, but Bitcoin is 92.45% the market cap of silver, and 11% the market cap of gold.

Percentage of money spent ought to be significant if the claim is that demand for crypto is meaningfully substituting for demand for physical goods.

j / k navigate · click thread line to collapse