Wednesday, July 15, 2015

The 1.4 Million Dollar Bitcoin?

In the below infographic, the creators attempt to equate the value of Bitcoin to the value of other assets, resulting in a 1.4 million dollar bitcoin! In the last bracket, all the way at the bottom, you see they come up with 1.4 and 2.8 million dollar bitcoin prices, if bitcoins were these other assets, or based on them, it seems. This is insane, of course, but it makes one wonder what a true ceiling on bitcoin value would look like. The asset is fixed which means there will never be more than a certain amount. This should contribute to […]

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