Post
Topic
Board Economics
Re: if 1% of the worlds richest people decided to keep 1% of their net worth in BTC.
by
jasonjm
on 08/11/2013, 05:35:52 UTC
Ummmm.....
So you think.....
But that's not how....
Oh nevermind....
let's just hope you aren't being serious

not saying it would happen.

All I am saying is if it did happen, that is what the number would be.

I own gold and silver to diversify, and this year decided to allocate a full 3% of my net worth to BTC as an insurance because I like the concept of the mobility and non confiscation.

I am sure there are others who think the same way I do, so in a way, yes I am being serious.  It's very unlikely, but if it were to happen, that is the number, since I have always wondered what would happen if bitcoin really become a store of value like that.


you can take my numbers a step further: assume only 10% of the worlds top 1% decided to keep 1% of their net worth in BTC. The number is still $9 269 per coin.