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Have you ever thought about the total amount of money in the world? Actually, the answer to this question is a bit complicated and based on estimates.
If we count all physical cash and money in bank accounts, there is approximately $37 trillion in the global money pool. But that's not the interesting part. When investment instruments, derivatives, and cryptocurrency aggregates come into play, this number exceeds $1.2 quadrillion. In other words, the total money in the world is not just limited to physical and digital wallets.
Scientists and economists estimate that the total value of all coins and banknotes is around $6.6 trillion. But when you include bank deposits, liquid assets, and other financial instruments, the figures reach dozens of trillions.
So, what does this enormous amount of money mean for us? ð«£ The vastness of the total money supply makes it difficult for most people to understand the true distribution of wealth. Even the cryptocurrency market is still very small compared to this giant economy. Perhaps that's why assets with limited supply like Bitcoin are attracting increasing attention.