Post
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Board Speculation
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Topic OP
Is 1 Bitcoin equal to half million USD?
by
Subal_Damudar
on 04/06/2019, 22:25:42 UTC
⭐ Merited by DarkDays (1)
So I was thinking.
According to Google, the 2013 estimates of total m2 money supply in US was 10.5 trillion. So if I owned 1 usd today that would be a so a very small percentage of the total number, yes?
But I can own 1 bitcoin today and that means I can own 0.0000048% of total btc supply..

If you think about it, 0.0000048% of total US m2 money would be 504,000 usd.. half a million

So can we say that 1 Btc = $500,000?

Lets discuss..