Post
Topic
Board Economics
Re: Anyone here part of "1 million club"?
by
mcplums
on 18/11/2015, 12:51:49 UTC
I think there are around 200,000 ULTRA HIGH NET WORTH INDIVIDUALS (over 30 million USD net worth) in the world... the dream number I wish I could reach in BTC was 1/200,000 of total supply.

STEEP! Even at today's prices! Sad


The total market cap of all fiat currencies (~$60trn) split between 200k people is $300m each, not $30m. If bitcoin takes over all existing currencies you therefore only need one two-millionth of the supply in order to have $30m worth, which is only 10.5 coins.