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To: SeekAndFind
Bitcoins will remain rare like gold; by 2040 when the world population reaches 10 billion there will only be 1 bitcoin for every 500 people on the earth.

My poop is also rare. About a pound a day. By 2040 there will only be 9,855 pounds. Rarity does not equate with value.

7 posted on 12/28/2013 11:05:05 AM PST by FatherofFive (Islam is evil and must be eradicated)
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To: FatherofFive

Very true. There also needs to be demand for it.


9 posted on 12/28/2013 11:08:46 AM PST by GeronL (Extra Large Cheesy Over-Stuffed Hobbit)
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To: FatherofFive
By 2040 there will only be 9,855 pounds.

Not to belabor the point, but unless you're freezing it, there will be none left. Gold and [we might expect] BitCoins will both still be around. Durability along with scarcity begin to meet the qualifications for value.

20 posted on 12/28/2013 3:22:36 PM PST by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas.)
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