Discover and read the best of Twitter Threads about #RealBitcoinDominanceIndex

Most recents (12)

Time for the 2022 Q1 update on the Global monetary base. This is the only money supply that economically compares with bitcoins. Current price weakness drops #Bitcoin under the Swiss franc and silver vs. last quarter. This is quarterly update #16. 🧵
2/ This research covers the globe's top 50 fiat currencies, sourced directly from their central banks. You won't find this info anywhere else. Also we look at historical basic money stocks (i.e. gold & silver). Layer in #Bitcoin and we cover it all.
3/ It's important to keep tracking corporeal data like this, because it follows the money to the core of the system. Many like to say central banks run the printing presses into the ground. But how much do they… really? What does it all mean?
Read 76 tweets
2021 Q4 update on global monetary base. Only money supply that economically compares with #bitcoins. Lots of updates this quarter. New currencies. New info. New brand! This is quarterly update #15.
2/ We now have the globe's top 50 fiat currencies included in this research, sourced directly from their central banks. You won't find this info anywhere else. Also we look at historical basic money stocks (i.e. gold & silver). Layer in #bitcoins and we cover it all.
3/ We are updating the brand as well around this research, something a long-time coming. Check out porkopolis.io. In addition to the Crypto Voices podcast, we will be doing frequent video streams of this data and much more long-scale economic charts under the PE brand.
Read 69 tweets
Q3 update on global monetary base. This is only money supply that compares with 21 million #bitcoin. We are at a very interesting point in the pricing of the #Bitcoin system. At current levels, it's about to move from mid-major, to 🚨major currency. This is quarterly update #14.
2/ #Bitcoin is on the cusp of surpassing the value of the British pound sterling - $GBP - the oldest fiat currency in the world. The Bank of England is the first "modern" central bank, and its pound sterling could be classified as a relatively "successful" fiat currency.
3/ The Bank of England, being the oldest central bank (yes, the Riksbank is older, but wasn't a 'template' central bank at origin), is not that transparent. According to the BoE, they disclose "over 90% of our balance sheet by value."
Read 78 tweets
Q2 update on global monetary base. Only money supply that compares with 21 million #bitcoin. Bitcoin remains the 6th largest money in the world. 7th if you include gold. Happy to report this research has reached it's 3rd year anniversary! 🥳This is quarterly update #13. Image
2/ Here's another way to look at #Bitcoin against its peers. Gold, silver, fiat base money, and thanks to the good people at @CambridgeAltFin, vs. global electricity (~100TWh vs. 23,000TWh). Interesting that #Bitcoin is accreting faster against money than electricity consumption. Image
3/ For 12 years the world's been trying to understand #Bitcoin, forget Bitcoin, legitimize Bitcoin, love Bitcoin, hate Bitcoin. Reminder Bitcoin still is a protocol, it does what it does. But if you want to speak of its value as money, you gotta understand *basic money.*
Read 73 tweets
Q1 update on global monetary base. Only money supply that compares with 21 million #bitcoin. Bitcoin remains the 6th largest currency in the world. 7th if you include gold. This is quarterly update #12.
2/ For 12 years the world's been trying to understand #Bitcoin, forget Bitcoin, criticize Bitcoin, love Bitcoin, hate Bitcoin. Reminder Bitcoin still is a protocol, it does what it does. But if you want to speak of its value as money, you gotta understand the monetary base.
3/ What follows isn't a lesson in stimulus or bailouts, whatever the world faces. It's an attempt at painting the monetary landscape around the globe. This is an exercise in perspective. The dollars, euros, and yen we're all familiar with, collectively, are worth $27.8 trillion.
Read 71 tweets
As it's yet again been one of those light news weeks for #Bitcoin, let's get down to brass tacks. Bitcoin is now the 6th... largest... currency in the world. ✊ It's 7th if you include gold. This is quarterly update #11.
2/ For 12 years the world's been trying to understand #Bitcoin, forget Bitcoin, legitimize Bitcoin, criticize Bitcoin, love Bitcoin, hate Bitcoin. Bitcoin is a protocol, it does what it does. But if you want to speak of its value as money, you gotta understand the monetary base.
3/ What follows isn't a lesson in stimulus or bailouts, whatever the world faces. It's an attempt at painting the monetary landscape around the globe. This is an exercise in perspective. The dollars, euros, and yen we're all familiar with, collectively, are worth $27 trillion.
Read 75 tweets
Election day in US; to skip the politics and get straight to the money, here's our quarterly update. How do gold, silver, and government fiat money compare with bitcoin's 21 million? #Bitcoin is the 10th largest money in the world, ex-gold & silver. This is update #10. Image
2/ Bitcoin's monetary system marches on its continuously-lowering coin emission; meanwhile, other world monetary systems' units inflate, either naturally (like gold & silver ounces), or via monopolistic privilege (like government fiat money "printing").
3/ What follows isn't a lesson in stimulus or bailouts, whatever the world faces. It's an attempt at painting the monetary landscape around the globe. The dollars, euros, and yen we're all familiar with, collectively, are worth $25 trillion. This is an exercise in perspective.
Read 70 tweets
Two years ago, we began publishing this quarterly on global money. How do gold, silver, and government fiat money compare with bitcoin's 21 million? One must compile a global "monetary base." #Bitcoin is the 🔥10th largest money in the world, ex-gold & silver. This is update #9. Image
2/ Bitcoin's monetary system marches on its continuously-lowering coin emission; meanwhile, other world monetary systems' units inflate, either naturally (like gold & silver ounces), or via monopolistic privilege (like government fiat money "printing").
3/ What follows isn't a lesson in stimulus or bailouts, whatever the world faces. It's an attempt at painting the monetary landscape around the globe. The dollars, euros, and yen we're all familiar with, collectively, are worth $23+ trillion. This is an exercise in perspective.
Read 63 tweets
1/ As #Bitcoin enters its 4th block reward era, here is the @crypto_voices 2020 Q1 update on the global monetary base. This is the only economically comparable money supply with #bitcoin's 21 million. #Bitcoin is the 10th largest money in the world, ex-gold & silver. Update #8.
2/ Bitcoin's monetary system marches on its continuously-lowering coin emission; meanwhile, other world monetary systems' units inflate, either naturally (like gold & silver ounces), or via monopolistic privilege (like government fiat money "printing").
3/ What follows isn't a lesson in stimulus or bailouts, whatever the world faces. It's an attempt at painting the monetary landscape around the globe. The dollars, euros, and yen we're all familiar with, collectively, are worth $20+ trillion. This is an exercise in perspective.
Read 69 tweets
1/ Here is the @crypto_voices 2019 Q3 release on the global monetary base. This is the only comparable money supply with Bitcoin's 21 million. #Bitcoin is currently the🔥11th largest money in the world. To dig deeper on what it all means, follow on below. This is installment #6👇
2/ Gold & silver is base money of the past. Government fiat is base money today. It comprises both physical cash… and a digital cash component! Bitcoin may be base money of the future. Before we get to the charts, it's important to clarify a few common misconceptions in money.
3/ The first is everyone looking to value Bitcoin always jumps to the "narrow" or "broad" money supplies (M1/M2/M3). This is incorrect. The reason is those money supplies represent "claims" on something else. What is that something else? Answer: the base money supply.
Read 59 tweets
1/ Here is the @crypto_voices 2019 Q2 release on the global monetary base. This is the only comparable money supply with Bitcoin's 21 million. #Bitcoin is currently the 🔥11th largest money in the world. To dig deeper on what it all means, follow on below. This is installment #5.
2/ Gold & silver is base money of the past. Government fiat is base money today. It comprises both physical cash… and a digital cash component! Bitcoin may be base money of the future. Before we get to the charts, it's important to clarify a few common misconceptions in money.
3/ The first is everyone looking to value Bitcoin always jumps to the "narrow" or "broad" money supplies (M1/M2/M3). This is incorrect. The reason is those money supplies represent "claims" on something else. What is that something else? Answer: the base money supply!!
Read 51 tweets
1/ Here is the @crypto_voices 2019 Q1 release on the global monetary base. This is the only comparable money supply with Bitcoin's 21 million. #Bitcoin is currently the 12th largest money in the world. To dig deeper on what it all means, follow on below. 👇This is installment #4.
2/ Gold & silver is base money of the past. Government fiat is base money today. It comprises both physical cash… and a digital cash component! Bitcoin may be base money of the future. Before we get to the charts, it's important to clarify a few common misconceptions in money.
3/ The first is everyone looking to value Bitcoin always jumps to the "narrow" or "broad" money supplies (M1/M2/M3). This is incorrect. The reason is those money supplies represent "claims" on something else. What is that something else? Answer: the base money supply!!
Read 50 tweets

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