3 ms·

I've given this a little thought at least: http://erikaugust.com/blog/thought-on-bitcoin http://erikaugust.com/blog/thought-on-bitcoin

• a3voices 13y ago
  Great way of looking at it. I wonder what percent of the money supply gold is at.
  • Casseres 13y ago
    According to this website [0], the above-ground gold is valued at about $8.5 trillion USD. As this website [1] points out, the M2 amount of USD in the world's supply is $9 trillion. USD makes up about 15% of the total world's supple of $60 trillion. This HN thread is by far the most interesting one I've read about speculating Bitcoin's future value. [0] http://www.numbersleuth.org/worlds-gold/ http://www.numbersleuth.org/worlds-gold/ [1] http://erikaugust.com/blog/thought-on-bitcoin http://erikaugust.com/blog/thought-on-bitcoin
    • a3voices 13y ago
      By the way, I also find this page interesting: http://www.coinometrics.com/bitcoin/bmix http://www.coinometrics.com/bitcoin/bmix