Post
Topic
Board Economics
Re: Btc vs dollars
by
philipma1957
on 26/11/2023, 16:18:33 UTC
Presently, should we say it's good the way bitcoin its been tied to dollars? Dollars is not backed up with any resources but to my understanding, bitcoin is a product of great energy surge. We shouldn't let bitcoin tied to dollars but bitcoin standing on its own. What could decide the durability and value of bitcoin? I have some ideas..

So btc stands on its own means to me how many kwatts makes a Btc.

So at 20 watt a th a machine makes 0.00000203 btc per th daily

so  if you value btc at watts.

0.00000203 btc = 20 watts
0.00002030 btc = 200 watts
0.00020300 btc = 2000 watts
0.00203000 btc = 20000 watts
0.02030000 btc = 200000 watts or 200kwatts
0.20300000 btc = 2,000,000 watts or 2 megawatts

Final number I rounded
1.0 btc =  10,000,000 watts or 10 megawatts

to make a btc thats an energy measurement for btc today which will change over time.