I believe the proper course of action is to make a calculation, involving: 1. a given velocity of money and thus a derived desirable monetary volume for a given

I believe the proper course of action is to make a calculation, involving: 1. a given velocity of money and thus a derived desirable monetary volume for a given economic condition 2. a projected percentage of that economic activity that makes sense in bitcoin 3. a projected economic condition Even if there is no value in BTC as a medium of account, the quantity of economic transfer it could plausibly come to represent alone has a certain value.