There is approximately US $37 trillion in circulation: this includes all the physical money and the money deposited in savings and checking accounts. Money in the form of investments, derivatives exceeds $1.2 quadrillion. The value of all cryptocurrencies in circulation ($600 billion) and investment in commercial real estate ($30 trillion) also represent a small portion of the total money in the world. Bitcoin
, for example, accounts for less than 1% of the world’s money.