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I have always wondered how much money there is in the world, and the answer is more fascinating than you think. We're talking about truly impressive numbers that put our relationship with wealth into perspective.
So, how much money is there really? If we count all physical cash plus what's in bank accounts, we're around 37 trillion dollars. But wait, that's just the beginning. When you add investments, derivatives, and cryptocurrencies, the total skyrockets to 1.2 quadrillion dollars. Basically a figure that the brain struggles to process.
The interesting thing is that physical money, what we see and touch, accounts for only a tiny fraction of all this. Coins and banknotes worldwide amount to about 6.6 trillion dollars. The rest? It mainly exists in digital form, on banking servers, trading platforms, and smart contracts.
But here’s the real question: what is our share of this money? When I think about how much money is in the world, I realize that most of this wealth is concentrated in the hands of a few. And that’s why many see Bitcoin and cryptocurrencies as an alternative, a way to participate in a system that could be more inclusive.
The distribution of global wealth is something we should reflect on more often. It’s not just a number; it’s the fabric of our economic reality.