if we convert all the world's money ( 2.1 Q USD ) into BITCOIN
what will be the price of 1 BITCOIN ?
Discussion
understand the scenario
2.1 Q USD buys all 21 M BTC
BITCOIN’s price will adjust to match this market cap
new bitcoin price = total money / total bitcoins
2.1x10^15 / 21x10^6 = 2.1x10^15 / 2.1x10^7 = 10^8 = 100,000,000 US
1 BTC ≈ 100 M USD
if we convert all the world's money ( 2.1 Q USD ) into BITCOIN ( 21 million BTC)
1 BTC ≈ 100 M USD
world’s money = 2.1 Q USD
BTC max supply = 21 M BTC
new BTC price ( if all money converted ) = 100M USD
if we convert all the world's money ( 2.1 Q USD ) into BITCOIN ( 21 M BTC )
1 BTC ≈ 100 M USD
world’s money = 2.1 Q USD
BTC max supply = 21 M BTC
new BTC price ( if all money converted ) = 100M USD
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