The cryptocurrency’s market cap is also bigger than the likes of Qatar, Kuwait and Hungary. Goldman Sachs Group Inc.’s market cap was $97 billion as of Friday, while Zurich-based UBS Group AG came in at about $67 billion. Fourteen Aircraft CarriersIf bitcoin’s market cap could be used to buy military equipment, it would pack a mighty punch. Bill Gates, Buffett and the QueenThey sit atop Bloomberg’s Billionaires Index, but even if Bill Gates and Warren Buffett pooled their fortunes they wouldn’t have enough to buy all the bitcoins in circulation. While we don’t know what he told Katy Perry, Buffett has called bitcoin a “real bubble” in the past.

Source: Mint December 04, 2017 07:41 UTC