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nobody /
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2023-11-01 04:20:30

nobody on Nostr: If there is roughly 2.1 trillion dollars in circulation then #Bitcoin only needs to ...

If there is roughly 2.1 trillion dollars in circulation then #Bitcoin only needs to be worth $100,000 a coin to have the fiat equivalent of value in circulation. Would be a complete trip to have more “value” in circulation from #Bitcoin than the United States Dollar.

#Bitcoin would only have to be worth $1,238,096 for all available bitcoins to be worth more than the entire United States economy. Not counting lost coins, assuming all 21,000,000 Bitcoin are available.

Interesting to think about.
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npub1c8kc8k9wqkyzajqn8kkgeqfj8t5r9tk87dv2djej9vp4njhuj8nspl8mp3