There are currently ~$700 trillion of global *investment* assets:

Bonds: $137T

Stocks: $117T

Real Estate (ex-Agriculture): $290T

Art & Collectibles: $22T

Gold: $10T

M2 (cash, savings, etc): $130T

TOTAL = $706 trillion

- nostr:npub1cj94enk44kn5mvrcma4sp7jnlsgnn4em7rk3dh3jt4fzyqs3m02s560efa

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Weird that he’s missing ~$200T in bonds. Still no idea where he got his data from.

It should be pointed out that these are store of value (SoV) assets today. One should, at this point, also use the proper words, as their definition vs their use has changed to confuse us. An investment is a case where you give your Bitcoin to someone in return for a share of their profit. Let’s say your associate wants to open a bakery and it costs 4 #Bitcoin for the equipment. But he only has 2 Bitcoin. You can invest 2 of your Bitcoin in his business for a share of the profit. That’s different from SoV.

looks line we're looking at an eventual floor price of $33,619,048 of purchasing power per :bitcoin:.

Not shabby, but doesn't necessarily take into account intellectual property or the collective value of work performed on a daily basis by 8B people.