This info pills the hardest. #facts #straightfacts #bitcoin #plebchain
the final value of Bitcoin, if Bitcoin was to be the world currency, in today's money compared to the USD.
if BTC is the only used currency, used by the entire world.
my math is this:
21 million coins divided by world total adult population, which is just over 5 billion.
so
21 million / 5,298,564,000 = 0.00396 btc
the world adult average wealth
is $8360 USD. (only)
so
roughly in today's numbers,
$8360 USD = 0.00396 BTC
1 BTC / 0.00396 BTC = 252
252 * $8360 USD = 2.1 million USD
rounded here of course but check Wikipedia's wealth numbers..
but that's the math.
https://en.m.wikipedia.org/wiki/List_of_countries_by_wealth_per_adult
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Discussion
thanks !! 🙂
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Bitcoin is not the answer to our problems.
it will result in an even larger spread between rich and poor.
sure it seems great for the early adopter, but what about the rest of the world?
a coin that grows in supply as fast as it grows in acceptance is a solution.
only then it will hold it's value, instead of grow its value.
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