How much money is on the planet?

It's a fascinating question to ponder, "How much money is on the planet?" When we talk about money, we're not just referring to the physical cash in our wallets or the digital balances in our bank accounts. The total amount of money in circulation encompasses a vast array of assets, from fiat currencies issued by governments to cryptocurrencies mined through complex algorithms. The sum is undoubtedly staggering, but quantifying it precisely is a daunting task. Different types of money have varying values and are subject to fluctuations in exchange rates and market conditions. Moreover, the total money supply can change rapidly due to factors such as inflation, deflation, and monetary policy decisions made by central banks. So, let's dive deeper into this question. How do we even begin to estimate the total amount of money on the planet? What factors should we consider? And how do cryptocurrencies fit into this picture? Stay tuned as we delve into the complexities of the global money supply and try to answer this intriguing question.