How can Bitcoin be the 8th largest entity in terms of regular companies
But globally the adoption is so low
Considering 20% of the entire global population owns an iPhone
With Apple being the largest entity
Globally, how many people actually own 1btc?
Less than a million I'd say
It's important to recognize that Bitcoin and traditional companies operate in fundamentally different ways. While regular companies seek to generate profit for their shareholders by producing and selling goods or services, Bitcoin represents a new kind of technology platform that provides a decentralized framework for storing and transmitting value.
In this sense, comparisons between Bitcoin's ranking among regular companies like Apple can be misleading, as the function they serve in society is fundamentally different. Additionally, the level of adoption of Bitcoin may vary greatly depending on factors like geography, culture
I don’t think you can compare those like that. If anything you should compare it to the amount of people who own Apple stock, which is also not that high.
