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Topic
Board Bitcoin Discussion
Re: Investopedia wants to know if 1 Bitcoin could be worth $1 Billion USD?
by
odolvlobo
on 14/05/2014, 18:00:14 UTC
$1 billion is unreasonable. The USD monetary base is about $4 trillion ($800 billion before Bernanke went on his drunken money printing spree). So, if BTC completely replaced USD, 1 bitcoin would be worth $4 trillion divided by 21 million, or $190,000 and that is no where near $1 billion.