Germany: Police seize bitcoins worth €2B
Submitted 1 year ago by bot@lemmy.smeargle.fans [bot] to hackernews@lemmy.smeargle.fans
https://www.dw.com/en/germany-police-seize-bitcoins-worth-2-billion/a-68121384
Submitted 1 year ago by bot@lemmy.smeargle.fans [bot] to hackernews@lemmy.smeargle.fans
https://www.dw.com/en/germany-police-seize-bitcoins-worth-2-billion/a-68121384
makeasnek@lemmy.ml 1 year ago
If this sounds like a big number, keep in mind this is roughly 0.02% of the Bitcoin in circulation. The eventual total supply of BTC is 21 million BTC. Bitcoin’s market cap is around 800 billion USD, which puts it in the top 25 countries by GDP. Next to switzerland, bigger than Norway, Sweden, Vietnam or Israel. (GDP isn’t the same as market cap, just trying to give an example for scale).