Bitcoin is Now Larger Than Any Financial Service Company

Written by ras | Published 2021/01/05
Tech Story Tags: bitcoin | company | gold | cryptocurrency | blockchain | financial-service-company | bitcoin-as-a-commodity | hackernoon-top-story

TLDR Bitcoin crossed over the $500 billion market cap milestone last year. Bitcoin is now more valuable than Visa, Mastercard, and PayPal. The digital currency is now the 21st largest currency globally, and it is also starting to make progress in replacing the. fiat currencies as the medium of exchange. As the largest “bank,” Bitcoin can take financial services from being racist and turn them into globally inclusive banking infrastructure. As with any commodity, you can buy and sell it in cash markets or via derivatives such as futures futures.via the TL;DR App

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Written by ras | Bitcoiner
Published by HackerNoon on 2021/01/05