Today, the total market value of all physical silver mined since the beginning of history is around $1.84 trillion. The total market value of Bitcoin is even higher at $1.92 trillion. When we look at the total market value of all silver, we see a market of $3.24 trillion.
Silver seems to be far behind, right? But that's not the real situation! Because just as cyrpto coins are virtual assets, silver also has virtual, or paper assets. And this is not an insignificant amount!
In January 2025, the ratio of paper silver to physical silver was 380 to 1. In February 2025, this ratio decreased by 0.43% to approximately 1 in 378.5.
When we take this paper silver into account, the total value of money invested in silver increases to $698 trillion. According to the fact of this huge volume, Bitcoin falls to 2.7 per thousand, while all coins fall to 4.6 per thousand. In other words, cyrpto coins are still far from replacing silver and gold.
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