jasontheoriginal on Nostr: Estimate the value of everything in the world in 2024 USD is 500trillion 500trillion ...
Estimate the value of everything in the world in 2024 USD is 500trillion
500trillion / 21 million = 23.809 mil per btc in 2024 USD.
Lets err on the side of Satoshi being a genius and say each BTC will be worth 21 mil 2024 USD. The world is worth 441 trillion 2024 USD.
$63,500 2024 USD per BTC / 21,000,000 2024 USD per BTC end state =.00302380952.
Then BTC goes up in value = to gross global product growth. That will just look like prices of everything coming down at the exact pace of global economic growth.
Therefore we are at 00.3% of the way across the adoption curve.
500trillion / 21 million = 23.809 mil per btc in 2024 USD.
Lets err on the side of Satoshi being a genius and say each BTC will be worth 21 mil 2024 USD. The world is worth 441 trillion 2024 USD.
$63,500 2024 USD per BTC / 21,000,000 2024 USD per BTC end state =.00302380952.
Then BTC goes up in value = to gross global product growth. That will just look like prices of everything coming down at the exact pace of global economic growth.
Therefore we are at 00.3% of the way across the adoption curve.