Ninjastic
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Board Bitcoin Discussion
Re: Why IS the bitcoin limited to 21 million?
by
finnthecelt
on 28/06/2011, 20:55:52 UTC
Quote from: flailing Junk on June 28, 2011, 08:49:36 PM
Quote from: finnthecelt on June 28, 2011, 07:59:59 PM
2,000,000,000,000,000/21,000,000 = 95,238,095 per BTC.

2,000 trillion? That's high I think. USD M3 estimates are like 15 trillion IIRC.

I'm just playing with numbers but if you took all outstanding derivatives (1.4 quadrillion) and all money and debt instruments and collapsed them into BTC 2,000 trillion would be conservative.