TOP 5 global asset

Hello!

Today I found this image from Apo @MrApostolos where you can see the top global assets by market cap.
At the first position we find Gold. With the recent price increase of gold due to uncertainty in the markets the asset is leading by a broader difference against the second.

The second position is for Apple, with a market capitalization of 3 trillions.

The hardest asset on earth, Bitcoin, is positioned fifth in the list with almost 1.9 trillion, followed very very close by Alphabet (Google) and Silver the second precious metal.

The Bitcoin journey to the first position will take longer than expected but we will get there eventually. There is another thing that we should understand. When the Bitcoin market capitalization is 30% of Golds market cap people will start looking at Bitcoin as a serious competitor to Gold.
Yes, I know that a lot of people are aware of this already, but there are a lot of Gold bugs with a lot of money that are not taking the asset seriously. Until it gets to a point they are forced to analyze it.

When Bitcoin gets to 50% of golds market cap, at this point the switch will be programmed. There will be nothing holding back Bitcoin. It will slowly take market share from gold like a black hole.

I can't wait for that!

Another HUGE news dropped yesterday. New Hampshire becomes the first state to enact Bitcoin Reserve legislation.
The governor Ayotte signed HB 302 into law this morning. We now have Bitcoin strategic reserve signed into law in the first state! HUGE MILESTONE!!
Others will follow soon. It will be Arizona? Maybe...

Summarizing the law we get that: The New Hampshire Treasurer will be able to invest up to 5% of state funds in precious metals or digital assets with at least $500B market cap.

Exciting times ahead!

Posted Using INLEO