if bitcoin replaces all fiat and is the world currency, how much would it be worth?
>>3056449
I guess 1 bitcoin would be 1 dollar?
>>3056449
10 butterscotch candies
>>3056449
It would be worth ALL the dollars
>>3056449
If any crypto replaces world currency, it can only be down to a 0.01=1 ratio.
Whatever fraction the crypto may be cut down to, you can't properly evaluate your daily expenses by looking at a string.
That's also the reason why ants are nowadays strictly tied to shit inflation over meme projects and single-use apps; just so that waves of normies may bait onto 1comma gains while criminal hoarders see the actual string multiplier.
Fiat currency will be replaced, but not by nowadays inflated and babylon-spread cryptos.
>>3056449
Listen to what you're saying.
For thousands of years there hasn't been a world currency. It has always been an ecosystem of currencies.
There's no "world currency" for bitcoin to replace. When the world goes digital, we will be using all kinds of crypto, not just bitcoin.
Even if bitcoin is the largest singular coin, the majority of transactions will take place on smaller coins. What we have here is an example of Zipf's law.
>>3056459
>>3056449
divide the max amount of coins by the amount of currency in $ in the world, tadaa.
>>3056643
for thousands of years there were no internet, no nuclear bombs, no cat memes
>>3056449
Fixed limit CC can't replace fiat because the gov can't control the supply.