Post
Topic
Board Bitcoin Discussion
Re: What will a coin cost if the USA abandon the US dollar today and switch to BTC?
by
odolvlobo
on 29/11/2021, 18:38:19 UTC
If we take every dollar in existence and make the existing quantity of BTC equal that amount of value, what will a coin cost in the (now-defunct) dollar?

Just wondering what will happen if a large economy switch to Bitcoin

This will answer your question: https://cryptovoices.com/basemoney/

In summary, if the $6.4 trillion USD base money were replaced by 19 million BTC, then each BTC would be worth $337k.

However, keep in mind that inflation is already eroding the value of a dollar, and I would discount that by 1/2 to $170k in pre-inflation dollars