• RatherBeMTB@sh.itjust.works
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    1 year ago

    That graph is too old or has the wrong information. Apple is more than 2 trillion today and Bitcoin is about 500+ billion right now.

  • Izzy@lemmy.ml
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    1 year ago

    I get the feeling that having nearly all money in stock markets is not the best idea. I don’t know why that would be the case, but it seems very pyramid scheme like.

  • apotheotic (she/her)@beehaw.org
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    1 year ago

    Is there a reason they’ve listed bill Gates and larry page? There are people with far far higher net worths, this is such a strange graphic

  • usualsuspect191@lemmy.ca
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    1 year ago

    Are these meant to be spheres? A 2D circle would do much better at getting the point across, or at least cubes. Spheres are quite difficult to judge the volume by eye

  • Kaavi@lemmy.world
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    1 year ago

    Real estate isn’t there… But all the money in the world is.

    Help, my house is now worthless? 🙈

    • Izzy@lemmy.ml
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      1 year ago

      Are houses considered money though? They are where most of peoples net worth is, but perhaps it is too non-liquid to be considered actual money for this chart.

      But what’s silly is that most of Bill Gates money is in stock markets so why is that money separate? Unless it is not part of the total.

      • Neato@kbin.social
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        1 year ago

        I’d say so. A lot of investments are in company stock that simply couldn’t be sold legally or without tanking it. I’d say it’s easier to sell your house for a profit than for them to sell significant amounts of those shares. Or even for them to trade them.

        • Izzy@lemmy.ml
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          1 year ago

          That’s a good point. You could sell all the houses in the world to eachother without the total value of the houses going to zero.

          However with the stock market there is no way to extract this 66.8 trillion. You could maybe sell 20 trillion and then it could be worthless.

  • TWeaK@lemm.ee
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    1 year ago

    I feel like this doesn’t really put anything into perspective except the specific things shown.

    • Neato@kbin.social
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      1 year ago

      It seems like it was made to cater to crypto-bros. For or against, I can’t say. But the repeated comparison to bitcoin is weird.

      • TWeaK@lemm.ee
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        1 year ago

        Yeah I mean I expected this to be on /c/bitcoin or something. If it was, I wouldn’t have bothered commenting.

  • robsuto@lemmy.ml
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    1 year ago

    Proportions seem off. The Bill Gates sphere is not ~1000x smaller than the All Money sphere. Not even close.

    • WalrusDragonOnABike@kbin.social
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      1 year ago

      Bill gates sphere is about 30 pixel radius and the all money is 300 pixels. So there sphere is approximately exactly x1000 small for Bill Gates.

      Volume is difficult to judge, especially when its a 2D representation of a 3D object.

      • robsuto@lemmy.ml
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        1 year ago

        Interesting. Thanks for counting the pixels.

        Just eye-balling, it doesn’t seem 10x larger in diameter.

        But yeah, this isn’t ‘beautiful’ data when the initial look is a 2D circle and not a 3D sphere.

  • jlow (he/him)@beehaw.org
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    1 year ago

    So does Bitcoin not count as Crypto for them or is it included in that bubble and then still displayed separately?