The Everything divided by 21 million meme initiates a line of questioning for me..Say that every house, every car, every night gown, every dog, every piece of software, every stock, every Mona Lisa, every everything cost about 900 trillion dollars in todays money. And we’re in a world post hyperbitcoinisation. Will the sum of all these things be 21 million bitcoin (in reality less than that because of all the stupid fuckers that were careless)?
Discussion
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
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.😅
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.
Stupid fuckers? You mean generous donors to all of us…
Divided by less than 21 million is more value for each satoshi.