BTC is recognized in the world and entered the top 10 currencies

· Bitcoin plunging $ 10,000 less than 11% less than yesterday

In the crypto currency market, bitcoins have fallen for two consecutive days, temporarily falling below $ 10,000!

It goes without saying that the name “bitcoin” is now well known worldwide.

There are many people who think that this bitcoin will be used around the world as the next currency.

While there is a variety of negative information, Bitcoin is steadily increasing its share, but it is announced as one of the top 10 currencies in the world today.

There is great potential for growth in the future, but it is a content that you can understand well when you look at the information below.

Crypto Currency Bitcoin has been rapidly increasing in user numbers and value since its birth about 10 years ago, and it is becoming a new money that everyone in the world knows now.

According to data published by cryptovoices.com, Bitcoin has already been reported to grow into the world’s 9th most valuable currency.

Global Base Money Update: $ 8,940 bitcoin is larger than Korean monetary base (won value in the first quarter of 2019)

In other words, the monetary system of Bitcoin is now the ninth largest in the world.

It is 11th including gold and silver.

A full update follows the CV 2019 Q2 update.

The largest base money is Gold, which is worth $ 7.7 trillion (about 829 trillion yen).

Bitcoin will be ranked 11th in terms of gold and silver, but excluding those precious metals, Bitcoin’s monetary base will be 9th with $ 0.2 trillion, like Russia and South Korea. .

Note that the reason why this report does not include countries like Saudi Arabia or Denmark “These currencies should be counted as they are linked with others, and base money should be counted as USD and EUR.”

It can be seen that Bitcoin is still a small asset compared to countries in Japan, China, the Eurozone, the United States, etc., but it is larger than the monetary base of countries in Mexico, Australia, Brazil, Canada, Indonesia, etc.

Bitcoin prices have continued to rise over the long term, and some analysts expect BTC prices to exceed $ 40,000 by the end of 2019.

It is expected that it will take some time to grow to the same level as the highest value gold, but given the rapid growth of Bitcoin in the last 10 years, it will be the same as other currencies. It is also expected that it will not take so long to grow to the level.

Recently, however, it is said that there is a possibility that a totally new global coin different from previous legal currency may be spread by the information of Facebook’s own currency “Libra” being revealed. Is focused on how such multiple crypto currencies grow.

In fact, if the crypto currency issued by large companies etc. will be widely used in the world, the contents of the current ranking will change greatly, and Bitcoin, Ethereal, Ripple, Libra, Gold, Silver, etc. will be mainstream and assets It may come to be written as.

In addition to the recent bitcoin positive information, it is possible to think that the whole market is lively because of various crypto currency related tailwind information.

It is very interesting to what extent the price rise will occur with the approval of Bitcoin ETN / ETF, which will be ahead.

Let’s buy what you expect in the future.

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