Subnostr

I did a back-of-an-envelope calculation on if every sat was worth $1USD it would be more than the current existing money in the world.

$2.1 quadrillion

* I think that's the question you're asking

Hans Karlsborn 2y ago

I find these questions harder to understand than I thought it would be. I mean, are there for example enough dollars to buy all the assets that inhabit the earth? I don’t think so. You have to translate dollars into yen and into Swedish Kronor, into Euro etc

IT IS A MESS.😅

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Discussion

davies 2y ago

I don't think there are enough... but there doesn't need to be. It just requires enough liquidity in the system to ensure it runs smoothly.

I'm the wrong person to give a good answer to this though. It's above my pay grade.

Hans Karlsborn 2y ago

There are a lot of things We take for granted that are not what We thought them to be.

davies 2y ago

No doubt this has been previously discussed on a podcast about hyperbitcoinisation by people smarter than I.