Central Intelligence Agency

Bitcoin could be considered a top-10 global currency based on its “stock of narrow money” or M1, the money supply that is composed of the most liquid forms of assets, according to a ranking created by Casa’s Jameson Lopp and made to resemble a CIA webpage.

Bitcoin’s market capitalization (the USD value of one bitcoin multiplied by the current total supply of bitcoin) of $1,185,601,872,889 would put it above Canada in estimated M1 supply, per Lopp’s rankings, leaving it just behind Spain, which has an estimated $1.5 trillion M1 supply.

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