A nice post on howmuch.net yesterday titled 'The Bitcoin Economy, in Perspective.' It is well written by Raul with this wonderful pink infographic:
Does that sound overly dramatic? If the see-sawing rise of Bitcoin tells us anything, it is that people are losing their trust in money, and other traditional measures of wealth. Let's talk again when the total value of all cryptocurrencies surpasses that of the world's supply of gold...
This is a keen observation by its author, even though bitcoin looks so tiny right now.
So was Apple in 2000:
However, the other 'notable' financial news outlets are quick to supply us with their own wisdoms.
Sue Chang of marketwatch.com:
HowMuch.net on Wednesday put things into perspective and demonstrated that for all the buzz and excitement bitcoin has generated, it still has a long way to go to be even remotely relevant.
This kind of people would dismiss Apple as 'irrelevant' in 2000.
Tyler Durden of zerohedge.com trolls the same post with this ending paragraph in bold:
It’s far more likely that bitcoin crashes to $100 than rises to $1 million.
I am personally betting on BTC, ETH as AAPL and AMZN in the old year of 2000.
Sources: The Bitcoin Economy, in Perspective - howmuch.net
Apple Market Cap Vs. Exxon, Microsoft and IBM: 1981-2011 - wsj.com