Bitcoin surpasses Amazon and becomes 5th largest asset by market cap

I was just browsing through different news channels and one that captured my attention was that Bitcoin surpassed Amazon and became the 5th largest asset by market cap. This is another small victory for the digital gold which climbs the ladder of most precious assets in the world. And step by step I foresee that it will take the others in front of it until it will become the king of the hill. It keeps climbing and it is only a matter of time until it will surpass everything in its path. Bitcoin, a digital currency once mocked as “internet money”, is now sitting above one of the world’s most powerful companies, Amazon, in terms of total value. According to recent market data, Bitcoin's market cap has surged past Amazon’s, cementing its place in the global top five alongside assets like Apple, Microsoft, NVidia and Gold.

image.png

A true digital gold

When looking at how Bitcoin performs, I see it not just about price, but also about true mass adoption and recognition as store of value. Each time Bitcoin climbs these rankings, it shows that more people, institutions, and even countries are taking it seriously. It’s not just a speculative asset anymore and now it's really being seen — and treated — like digital gold.

What this means for us, crypto enthusiasts

If you’re new to crypto, but also an OG and wondering what this means, here’s my take on this: Bitcoin is growing up, is maturing as an asset and the market is recognizing and rewarding that. While the price will always fluctuate (this is crypto, after all), the long-term trend is becoming harder to ignore. And many voices are saying that historical cycles might soon end and we'll simply enter an era of consolidation and confirmation. And while in crypto anything can happen, I cannot but wonder if this is the new reality. And when Bitcoin surpasses a company like Amazon, it’s not just about bragging rights — it signals confidence. More people believe in its value and that belief is turning into real dollars, or better said Satoshis.

Are we just getting started?

I have heard this phrase - we are just starting - many times and I always thought that it is more hype than reality. First of all, we have started a long time ago and secondly we are still to get confirmation from the market through more stability, consolidation and positive prices. But now, more than ever, I see that more possible with all the institutions and even countries starting using Bitcoin as a Treasury reserve. We just need one more serious signal from US starting hoarding Bitcoin and that should be the final stone for confirming Bitcoin and crypto once and for all.

image.png

Bitcoin climbing up the asset ladder shows how far we’ve come from the days of pizza purchases and shady, but funny internet forums. Through this transformation, Bitcoin isn’t just an aspiration anymore, but rather a true contender for store of value. And if we've seen it beat Amazon… what’s next? I simply cannot see it stop anytime soon and the king of the hill is only a matter of time. Or at least that's how I see it, what about you???

Posted Using INLEO

0.10437648 BEE
4 comments

When it comes to revenue, Amazon is much ahead. Even the company's net income is higher than miners annual revenue.

Of course, this doesn't mean that it isn't impressive how much Bitcoin has grown, just means we have to shift attention to other metrics for measuring growth. Right now the asset's revenue to miners is less than 1% of its market cap and it's even more concerning that the majority of this revenue comes from block subsidy.

As an investor, it seems like a good bet, given recent exposure and sentiments, but as an industry, there's concerns.

0.00231719 BEE

All valid points and I agree that Amazon is a monster company and it can evolve so much from here. In the same time also Bitcoin can and as a store of value probably it will eat from the markets as much as it can.

0.00000542 BEE

Bitcoin will perform well as an asset for sure, with institutional interest increasing with each day, it's to be expected.

I'm only worried for how the network itself will evolve given that with significant supply of the asset being controlled by institutions, transaction volumes will definitely be abstracted away to off-chain systems.

This will hurt miners revenue in the long term and that can't be good. We could still be a decade away from that happening, but still is worrisome.

Unless we can lure the masses to embrace self custody (will be hard considering Bitcoin's design limitations), TradFi's liquidity control will knock miners off, significantly reducing the cost to attack Bitcoin, essentially making it easier to centralize.

Right now, I'm yet to find data that can disprove this.

0.00000000 BEE


Your reply is upvoted by @topcomment; a manual curation service that rewards meaningful and engaging comments.

More Info - Support us! - Reports - Discord Channel

image.png
Curated by friendlymoose

0.00004158 BEE

True, Bitcoin surpassing Amazon and becoming the fifth largest asset shows that the world is trusting it and also rewarding it, and despite decent volatility, it will continue to grow in the future.

0.00016008 BEE

Indeed, Bitcoin is a good long term bet.

0.00000000 BEE
0.00000839 BEE
(edited)

Maybe this Bullrun BTC can climb up one or two more places. The Rest hast to wait until a few more years I guess.

0.00000000 BEE