Re:Bitcoin Billionaires May Have Found a Way to Cash Out
by CamelCaseName on Friday December 22, 2017 @08:49AM
(#15987357)
Reasonable how? That's a $530T+ valuation at the current number of tokens, or about two times as much as the total global wealth according to Credit Suisse. [0]
[0] https://www.credit-suisse.com/corporate/en/research/research...
Re:Bitcoin Billionaires May Have Found a Way to Cash Out
by sillysaurus3 on Friday December 22, 2017 @05:33PM
(#15991480)
I meant satoshis are a reasonable "smallest unit" even at absurd valuations.
But that's not necessarily impossible to attain. If BTC wins and the world switches, the resulting bubble might be that big.
People use quarters for mostly everything now, so this is again quite reasonable.