What Would a $1 Billion Bitcoin Price Look Like?
For bitcoin to reach $1 billion, it would need to experience a 38,491,100% increase from its current $2,598 mark. This would give bitcoin a very respectable $16 quintillion market cap given the current supply. Assuming every altcoin retained its current trade value with bitcoin, even 100th-ranked TokenCard would achieve a market cap of nearly $9 trillion. This would be unlikely in a scenario in which bitcoin achieved this level of financial dominance, but let’s face it, a $1 billion bitcoin price is unlikely, too.
At current levels (and ignoring all potential future scaling solutions) the average bitcoin transaction would cost nearly $700,000 to process.
Remember the fabled 10,000 bitcoin pizza purchased in 2010? I hope it was delicious, because those bitcoins would be worth $10 trillion.
And lest we forget, assuming Satoshi was alive and had access to his or her rumored ~1 million bitcoins, he or she would attain a net worth of $1 quadrillion, edging ever-so-slightly past Bill Gates and Jeff Bezos to become the richest person in the world.