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..
No, 1 bitcoin = 1 bitcoin
Why the fuck is fiat still relevant? Have you learned nothing?
Watch for 7 minutes. Bitcoin: Beyond The Bubble - Full Documentary.
https://www.youtube.com/watch?v=LszOt51OjXU Ignore Milton Friedman at the start he does not exist anymore anywhere because of his ignorance. Fucking human turned orc turned goblin turned nothing.