There are about 11 million Bitcoins in existence now[1], so if they were worth one million dollars each, the Bitcoin economy would be worth 11 trillion dollars

There are about 11 million Bitcoins in existence now[1], so if they were worth one million dollars each, the Bitcoin economy would be worth 11 trillion dollars now. We're already halfway through mining all the Bitcoins that will ever be mined, so that doesn't affect the numbers massively (it'll be a 21 trillion dollar economy). Apparently[2] there are about ten trillion US dollars in existence, and I'm not enough of a Bitcoin believer to expect the Bitcoin economy to approach that amount. 1. http://bitcoinwatch.com/ http://bitcoinwatch.com/ 2. http://money.howstuffworks.com/how-much-money-is-in-the-world.htm http://money.howstuffworks.com/how-much-money-is-in-the-worl...