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I think you missed a few zeros: $10,000,000 USD/btc. Also, btc is more akin M1 or currency in circulation--not total wealth. I'd guess world M1 supply is more a
by kolbe 13y ago
I think you missed a few zeros: $10,000,000 USD/btc. Also, btc is more akin M1 or currency in circulation--not total wealth. I'd guess world M1 supply is more around $10 trillion, so btc needs to go to $500k per USD to have the equivalent value.
- lifeisstillgood 13y agothank you - M1 is a much better measure. jeez - 1000 bucks is looking like a bargain.