Re: Kraken CEO: Bitcoin Would Be Worth $1,000,000,000,000 If the Masses Knew the Pow
He also mentions it means that the USD will be basically worthless at that point. So yeah, in that case a price like that would be possible.
Yeah that's what I was thinking
Quote
Ten years down the road, the US dollar is going to continue to be printed like crazy. It’s going to be totally worthless. No one is going to want it.
In 2015 a 100 trillion zimbabwe note was worth 40$.
So if the USD is going to have the same fate, it means a 1 trillion $ bitcoin will simply get you a soda can.
Think of how much money must be taken from other markets to BTC
Getting from 100$ to 10000 $ is relativly easy for a small market,
doing this from 10000 $ to even 100000 $ is much more hard....
Getting from 100$ to 10000 $ is relativly easy for a small market,
doing this from 10000 $ to even 100000 $ is much more hard....
If nobody sells, you only need a 1 cent worth sell at the price of 1 trillion, and there you have it.
