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Only in an artificial situation. Usually, the value of all bitcoins combined shouldn't be able to exceed the value of all assets of all economies. What could y
by birdsbirdsbirds 6y ago
Only in an artificial situation.
Usually, the value of all bitcoins combined shouldn't be able to exceed the value of all assets of all economies. What could you buy with those coins if not those assets?
You can achieve an arbitrary value though if somebody needs to buy an arbitrary small fraction of a bitcoin for some value. But that would only happen if e.g. someone's life depends on acquiring that small fraction.
- tboyd47 6y agoHmm, you may be right. Perhaps the maximum for Bitcoin is the value of all assets of all economies. But then you would be leaving out the service sector ;)