Post
Topic
Board Bitcoin Discussion
Topic OP
$2.5 million BITCOIN... What would that do?
by
voyager23
on 26/02/2021, 07:26:17 UTC
Just read the usual article BTC to hit $2.5 million blah blah...

If it did, could the world handle that many millionaires? Wouldn't inflation kick in? Just like the raising of the minimum wage is a con because as soon as that happens, the price of commodities just follow the same percentage. Fiat currency just loses value every year.

So would a $2.5 million BTC actually be more like $250,000 or even $50,000.... I just can't see 50% of the world's population being millionaires.