Bitcoin has rocketed in value over the last 12 months, with its market cap at its peak reaching over $336 billion. For something that has no value according to many naysayers, it seems to be doing very well indeed!
Like any tangible asset that’s actively traded, its value will depreciate and appreciate on a daily basis.
But currently bitcoin is worth more than some of the most successful companies in the world, and not only companies, but also countries! It is worth more than some countries, based on their GDP.
We look at how competitive bitcoin would be on the world stage, as a country.