Global Debt to be Worth $12 Million per Bitcoin by Year End

Due to bitcoin’s limited supply, it is possible to chart the size of global debt-fueled finance in BTC terms. One bitcoin (as per current aggregated supply) will have to be worth over $12 million to describe the size of the worldwide debt.

But in a way, the current market price of bitcoin reflects the fact that not all funds in circulation are sound, and that debt-based economic activity has been the chief driver of asset valuations in the past decade. What do you think about the relationship of bitcoin to worldwide debt?.

Timeline of Bitcoin