Bitcoin More Valuable Than Pound Sterling
Porkopolis Economics: Episode 101
Show Sponsors: trezor.io
Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/
Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis.
February 2024 was a momentous month in the history of Bitcoin. Besides screaming back to all-time highs in price, ETF flows, and record volumes, the market cap of Bitcoin is now at the level of the monetary base at the Bank of England.
The monetary base is the true "value" of the pound sterling, as it is in fact the monetary balance issued and outstanding from the central bank.
This means that, in terms of value, Bitcoin has caught up to the oldest fiat currency in the world, after only 15 years of existence.
This gives new meaning to the phrase, 'Gradually, then suddenly.'
If you have not yet, do give this freedom money another look.
As always, thank you for watching.
Contents
00:23 British Pound Sterling Background
01:27 British Pound Sterling Balance Sheet
04:36 Pound Sterling Monetary Base
06:46 Bitcoin Passes Pound Sterling
09:01 Closing Thoughts
Host: Matthew Mezinskis
https://porkopolis.io
https://twitter.com/crypto_voices
Show content is not investment or financial advice in any way.
-
23:00
Porkopolis Economics
4 months agoBitcoin is not PayPal
47 -
9:40
Porkopolis Economics
4 months agoBitcoin is a Top 10 Asset
37 -
7:10
Brandon Gentile
4 months agoBitcoin IS the monetary savings asset humans have been looking for.
16 -
1:41:19
Crypto News Alerts
2 months ago“Bitcoin Will 13x From Here to Over $800,000”
5523 -
0:58
BeachBum Trading
3 months agoWhat does the Bitcoin Halving mean for the Price of Bitcoin?
421 -
0:59
BeachBum Trading
3 months agoWhat is the Bitcoin Halving?
521 -
44:46
Brandon Gentile
2 months agoIGNORED reason is why Bitcoin will REPLACE fiat DOLLARS and BLOW doubter's minds - Brady Swenson
52 -
1:40:52
Brandon Gentile
2 months agoLuke Broyles: When Bitcoin price gets to millions it will spell END of the US DOLLAR
23 -
26:22
Unleash your inner trader with Team NakedTrader!
2 months ago $0.34 earnedIs Bitcoin at the Bottom? #bitcoin $BTC
1194 -
1:30:08
Crypto News Alerts
3 months ago“This Will Catapult Bitcoin to $180,000 Per Coin”
6163