Subnostr

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)?

davies 2y ago

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

Reply to this note

Please Login to reply.

Discussion

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.😅

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.