Post
Topic
Board Economics
Re: bitcoin for everyone
by
jostorres
on 10/05/2021, 13:03:43 UTC
even in the most extreme case equal distribution of bitcoin among all people on earth is quite resanable and 1* ten to the sixth power USD per BTC looks alright. all we need is a mechanism of equal distribution/
Why equal distribution to happen? It is not about just most extreme case, but it seems as unlikely to happen case. Because, I am not seeing any possibilities for all world population to adopt bitcoins at any point before the year of 2100 (in best case and it may take another century of time in worst case scenario).

Moreover, bitcoin is another electronic money and all electronic money are infinitely divisible. It means we are having right now 8 decimals for one bitcoin which can be altered to 10 digits or 25 digits or 100 digits if required.

So, we can cope up with any level of population and its adoptions along with 21 million units of bitcoins itself.