63
Where the money is
(lemmy.one)
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.
Everyone knows data is not beautiful when you visualize scalars using area instead of length.
I’m pretty sure it’s by volume, which is even worse
I like it. you can visualize sizes with 3 orders of magnitude between them without one being microscopic.
What makes this graph shitty, is that the spheres don't look very 3D.
I respectfully disagree. If you want to compare orders of magnitude, you should use a logarithmic scale.
Wait like 3D volume? 😬 I was looking at it completely wrong
What a terrible visualization
A graph of overlapping 3D-spheres? That’s new.
I don't think they are even to scale either so the artwork is pointless
It could be volumetrically to scale, which to say at the least is disgusting for a 2D graph
🤢 an invisible exponentially compressed y-axis
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.
Nah, it's cool and normal. What could possibly go wrong? Should anything try to go wrong, the great invisible hand will stop it!
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
It's pretty old, Apple is now worth 2 Trillion
Well that's depressing
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
Real estate isn't there... But all the money in the world is.
Help, my house is now worthless? 🙈
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.
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.
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.
I feel like this doesn't really put anything into perspective except the specific things shown.
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.
Yeah I mean I expected this to be on /c/bitcoin or something. If it was, I wouldn't have bothered commenting.
Proportions seem off. The Bill Gates sphere is not ~1000x smaller than the All Money sphere. Not even close.
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.
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.
Who or what has to cease existing to bring balance?
Stock markets.
the monetary-market system
society. We need to start over from the stone age
So does Bitcoin not count as Crypto for them or is it included in that bubble and then still displayed separately?
this post was submitted on 20 Oct 2023
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