Re: What would happen to Bitcoin if the World Echnomy went over to Bitcoins
The dollar is fine, it might have a slight cold but not even the flu, the death of the dollar has been exaggerated.
If bitcoin replaced the worlds currency, a lot of people would be screwed as they have no computers, though we an print bitcoins, it would take time to go over.
there is over 4 trillion dollars in circulation there are 6842600 bitcoins, so each coin would be would be worth $580,000. Which means miners would find about 1.2billion every week, leading to a soaring crime rate in stolen ATI cards. Satoshi would instantly be the richest man that ever lived.
If bitcoin replaced the worlds currency, a lot of people would be screwed as they have no computers, though we an print bitcoins, it would take time to go over.
there is over 4 trillion dollars in circulation there are 6842600 bitcoins, so each coin would be would be worth $580,000. Which means miners would find about 1.2billion every week, leading to a soaring crime rate in stolen ATI cards. Satoshi would instantly be the richest man that ever lived.
It's a good thing Bitcoins are divisible to 8 decimal places
