Post
Topic
Board Beginners & Help
Re: Maximum value of bitcoins
by
Come-from-Beyond
on 29/03/2013, 22:48:32 UTC
Would it be possible to calculate the maximum theoretical value of bitcoins by dividing the world gdp by the maximum number of bitcoins, if so then i am going to have the best retirement ever!  Grin

1st u must have a theory of Bitcoin. To have a theory u must have (an) axiom(s).

If u say, for example, that in the future Bitcoin will replace all other mediums of exchange (axiom #1) u can build a theory and calculate the max value. Unfortunately, axiom #1 looks untenable, coz we all see that Bitcoin is becoming a tool for wealth preservation. In this case it can't be a medium of exchange, so we can't build our theory using axiom #1.

Can u offer any other axiom(s)?