β‘οΈ Bitcoin is the 13th most valuable currency in the world!
Discussion
Few understand these numbers.
I'm confused. How is this calcluated? If bitcoin is less valuable than the US dollar why is one bitcoin worth almost 100 grand? What is that number in btc on the right? Is this the GDP of countries converted to BTC? But BTC itself is not a country so how can it have a GDP. i'm so confused!!
On some bases, bitcoin is already in 11th place. Maybe you'll understand this ranking better:
It's not about me liking it better or worse, I'm just trying to understand the methodology behind the ranking.
π I've shared the second graph with you so that you can understand the methodology. Can you see the difference?
How does the second graph explain the methodology of the first? It's not even the same ranking with different data showing, bitcoin is in a different place. The second graph seems to rank by market cap, which is a weakness feather than a strength, from what I understand. It does not explain where the numbers on the first graph come from.
#ITDOESNTMATTER