Thus, the Satoshi: the smallest denomination in bitcoin, at 0.00000001 bitcoins. To continue with the above speculative fun, one satoshi would be worth .004 dol

Thus, the Satoshi: the smallest denomination in bitcoin, at 0.00000001 bitcoins. To continue with the above speculative fun, one satoshi would be worth .004 dollars. If the M3 money supply were replaced with bitcoins overnight (assuming 21 million bitcoins and an M3 of 10.3 trillion circa 2009), a bitcoin would be worth $490,476.19. One satoshi would be $0.004947619; a big mac would cost 806 satoshi. Which is only about half the the current USD->Yen exchange rate.