0 sats \ 2 replies \ @tomlaies 24 Jul 2022 \ parent \ on: Satoshi = $1 bitcoin
Well, all of this is pretty out there ... Would there be no fiat paper money backed by fractional Bitcoin reserve banking? What would the economy look like then? Are we taking derivative financial products into account? What about cash-equivalents like short term bonds? Are talking todays dollars or then dollars?
The best orientation would be the counter values. What is the counter value in goods and services? Or buying power per capita like people used back in the days.
нет... мне проще передать реальный чем банковский....
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The market cap of all currency does not only depend on what you do. It also depends on what the millions and billions of people out there do. And remember that most people are dumb and do not care.
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