Cryptocurrencies As a Part of the Entire World’s Wealth
Have you ever wondered what place would be occupied by cryptocurrencies in the global wealth ranking? Does Bill Gates's fortune exceed Bitcoin's market cap? Or whether Apple can acquire Amazon with bag and baggage, paying only with Bitcoins? We will answer these and other even more weird questions right now!
And here’s the ultimate comparison: cryptocurrencies are the equivalent of only 0.23% of all the money in the world, broadly defined ($86.5T vs. $202B).
All of the world’s bitcoin is now worth more than the personal fortune of Bill Gates, and nearly the same as Jeff Bezos. But look at the combined total value of all the cryptocurrencies in the world—an eye popping $202B.
The entire market cap of Amazon is $858B bigger than bitcoin ($970B vs. $112B).
The first trillion-dollar company, Apple, is worth $888B more than bitcoin ($1T vs. $112B).
The value of the entire world’s gold is over 70x more than bitcoin ($7.8T vs. $112B).
All of the cryptocurrencies in existence are worth 0.59% of the world’s physical money ($34.4T vs. $202B).
Cryptocurrencies are even tinier compared to the world’s stock markets at just 0.30% ($67.5T vs. $202B).
How Many Hours You Have to Work to Buy iPhone X?
The omnipresence of smartphones and their ever-increasing price got us thinking about global inequality—how long do people have to work to afford such an expensive device?
We can see to afford an iPhone people have to work days and days. A lot of people get a new phone each year, so let’s extrapolate our visualization into the future. In all likelihood, Apple will get the equivalent of months of labor over the course of the average person’s lifetime — maybe even years of labor — in exchange for a smartphone. And here’s the thing: people camp out for days to be the first to buy Apple’s products. Apple is delivering on its brand.
Using a color legend, we created a range of Bitcoin legality that helps show the varying degrees of acceptance around the world.
Green countries are legal Bitcoin markets.
Orange represents neutral markets that are not outright legalizing Bitcoin, but do not have any major restrictions against the use of cryptocurrency.
Light pink countries are restricted Bitcoin markets that may have lots of red-tape, regulations, and government attempts to slow the use of cryptocurrencies.
Dark pink countries represent markets where Bitcoin has been made completely illegal and criminalized.
Lastly, some countries have yet to comment on Bitcoin’s legality, which are represented by gray color.
As the visual shows, Eastern countries appear a lot more closed off to Bitcoin than their Western counterparts. Russia is currently the largest country to illegalize Bitcoin. However, China and South Korea are the latest two countries to step up their scrutiny and regulation of Bitcoin use. North American and Western Europe are the most accepting regions for Bitcoin.
Do you know that star athletes earn more money from sponsors than from the teams they play for? This infographic shows the different sources of income for the 25 most highly-compensated athletes over the last year.
The vertical axis represents an athlete’s salary or winnings and the horizontal axis represents endorsement or sponsorship deals. The size of each bubble corresponds to total compensation, while the color indicates a particular sport.
1. Floyd Mayweather (Boxing): $285M
2. Lionel Messi (Soccer): $111M
3. Cristiano Ronaldo (Soccer): $108M
4. Conor McGregor (Mixed Martial Arts): $99M
5. Neymar (Soccer): $90M
6. LeBron James (Basketball): $85.5M
7. Roger Federer (Tennis): $77.2M
8. Stephen Curry (Basketball): $76.9M
9. Matt Ryan (Football): $67.3M
10. Matthew Stafford (Football): $59.5M