Market cap of bitcoin compared to broad money (M2 money supply) of countries: bitcoin is now a larger force in market than fiat money of Cuba, Cyprus, Oman, or Bahrain. (reddit.com)

By November 23, 2016, the market capitalization of bitcoins in circulation was $ 11,908,463,816 (nearly 12 billion dollars), and the 24-hour transaction volume was equivalent to $ 224.9 M as per https://coinmarketcap.com/ Measured in terms of (M2) money supply, that meant that the total market cap of bitcoins was at that time actually a more significant force in the market than was the total money supply of Estonia, Costa Rica, or Iceland at that time…

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