A total Transfer Volume of over $110 trillion has been settled on the Bitcoin Network and it is just 1.5 decades old…

You know, sometimes we just get way too deep into the matter and just have this tunnel vision that concentrates on the price going up, but we should more often look out of this rigid view and also contemplate the other important statistics of Bitcoin and all of Crypto, because there are way more important metrics than just the price of the asset.

The price just shows the value of the asset today, to look at the real value of the asset until now we should look at how many people actually used Bitcoin in its whole timespan until yet. Which is not a lot at all, Bitcoin is barely 1.5 decades old after being launched in 2008/9.

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Chart showing All-time Transfer Volume of BTC, by MitchellHODL on Twitter

Here is the most important number of all, $110 Trillion. That is exactly how much transfer volume BTC has amassed over it‘s whole history. For reference that number is: 110.000.000.000.000. About five times as much as the whole US GDP (useless comparison, I know). That is some serious money and just shows how many individuals and especially wealthy companies must have traded with BTC at least at some point.

This is just as a small reminder because I feel like many focus too narrowly on the price while other metrics like the Transfer Volume actually builds the foundation for Bitcoin, just imagine how high that number could go during the next bull market…