Comment: Theoretically,

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In reply to comment: if it were to be used so (see in situ)


every bitcoin can be divided into 100,000,000 satoshis. With 12 million bitcoins, that gives us 2100 trillion units, or 21 trillion "microbitcoins" divisible into 100 satoshis. This is approximately the total world money supply, if each satoshi were worth a penny.

That would make each Bitcoin worth $1 million, if it were to totally supplant all forms of money.

However, if you look at my blog, you will see that I don't think this will happen.

Author of Shades of Thomas Paine, a common sense blog with a Libertarian slant.

Also author of Stick it to the Man!