21 million is too small, 2.1 quadrillion is too big.
global m2 is at $120 trillion.
85.3 trillion is just slightly smaller than 120 trillion. and that is why it works. the transition from fiat to hard money will go smoothly if we use a unit of account that can make prices look deflated compared to existing currencies.
21 million is too small, 2.1 quadrillion is too big.
global m2 is at $120 trillion.
85.3 trillion is just slightly smaller than 120 trillion. and that is why it works. the transition from fiat to hard money will go smoothly if we use a unit of account that can make prices look deflated compared to existing currencies.