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
I know how much we love bitcoin, but saying that the US would abandon their US dollar for Bitcoin, seriously what even makes you reason such a thing? The United States are never going to abandon their USD currency just to adopt bitcoin. Look at the economy of the world and how everything is set out, do you ever think that such would ever happen? The only thing they would do is just declare it a legal and a legal method of transaction for people to be free to make use of it for daily transactions and also be able to invest, and own it as assets.