Bitcoin and Silk Road

Hahahaha!!!

Silk Road collected 9.5 million bitcoin—and only 11.75 million exist

“The Federal Reserve currently estimates that there are $10,771 billion in circulation. For a single company to dominate the US dollar the way Silk Road does bitcoin, it would need to have earned $8,745 billion in revenue over the two and half year period, or $3,498 billion a year. To put that in perspective, the number one company in the Fortune Global 500, Dutch Shell, earned $481.7 billion last year, less than 5% of what it would take to equal Silk Road’s position.”

 

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