Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
shahzadafzal
on 14/07/2021, 16:46:53 UTC
My current amusing thought experiment puts liquidity at around 15 million total coins, with the amusing assumption that we will not see 21 million soon, but have mined 99% in a couple of decades, and a few of those millions lost, while the rest are in some form of cold storage.

We've seen coins aged 9 years move recently. However, I would bet that any coins much older than that, that have not moved, are never going to move, and for all intents and purposes may be considered lost.

In a few decades, we are looking at $50m to $100m per coin. USD.

Just an amusing thought experiment of my own.

I'd like to preface this with a little clarity that this does not represent all the wealth in the world, but rather all the value of currencies or money in the world in the future, essentially the equivalent of M1 to M3 or something like that, the liquid stuff. Maybe the value of entire companies and stocks and real estate too. Whatever it is that will be worth a thousand trillion dollars.

My naive dumb math puts $50m x 15m BTC = 750,000,000,000,000 or about 750 trillion.

This also means the stuff we can't really value like the oceans, the moon, the north and south poles, is not really counted, and who really cares about those except the scientists.

I say, it's a fun thought experiment. Maybe not fun for some of you guys because that would also imply something else is wrong with the world if this comes true.

Well to be honest your fun thought experiment is still quantifiable, within reach and comprehend-able at least … see what our “scientists” speculating, things worth $10,000 quadrillion  Grin  Grin  Grin

NASA’s Hubble Telescope has obtained images of an asteroid so rich in metals that its worth puts our global economy to shame. Think $10,000 quadrillion ($10,000,000,000,000,000,000), compared to the world’s economy, which was worth about $142 trillion in 2019.

Isn’t this more absurd than what Hal stated?