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.
nobody /
npub1c8…l8mp3
2023-11-01 04:20:30
Author Public Key
npub1c8kc8k9wqkyzajqn8kkgeqfj8t5r9tk87dv2djej9vp4njhuj8nspl8mp3Seen on
wss://relay.nostr.bandPublished at
2023-11-01 04:20:30Event JSON
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"content": "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. \n\n#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. \n\nInteresting to think about.",
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