Hacker News new | ask | show | jobs
by jollybean 1877 days ago
A better question to ask is 'why it has meaning'.

Money supply has meaning because it's money in circulation.

If I print 1000 'Buddy Dollars' and sell one to a friend for $1000, it doesn't really mean that I have $1M in Buddy Dollars.

It might be helpful to compare the amount of USD spent on goods and services vs. the amount of Crypto spent on goods and services.