Some countries are opening doors to adopt cryptocurrencies in a larger scale (deepd.tw)

Different countries around the world are facilitating the use of cryptocurrencies for monetary operations.
Estonia
Estonia, known already for being a technologically leading country, deeply analyzed and proposed, is set to issue a new legal cryptocurrency, named Estocoin, that would be recognized as a legal currency. Kaspar Korjus, Managing Director at e-Residency, posted in a…

Bitcoin

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…

Bitcoin