Post
Topic
Board Speculation
Re: Bitcoin reserve currency price - 2030
by
Livermore
on 15/11/2015, 02:26:06 UTC
I figured it out.  The Canadian dollar is the world's 6th largest reserve currency.

The total money supply M3 in September was 2032737 CAD Million. (2+ Trillion)
Total bitcoins mined = 14.842700 Million

2032737/14.842700=136951.9696551167

1 Bitcoin = $137 Billion Dollars. Give or take.

Keep some change in cold storage and your retirement is set.

You divided million by million. 1 BTC = 137K