As of November 9th, 2022, bitcoin is trading at $15,800 per coin and has a market capitalization of $300B. To put this in context, Bitcoin is about the same size as The Home Depot, but that’s a poor comparison because Bitcoin is not a company; Bitcoin is a hard asset and a payments network. Gold is a more apt comparison. Gold’s market capitalization is estimated to be roughly $11.3 trillion. This makes gold roughly 38 times larger than Bitcoin, despite having inferior monetary properties.