# If everyone decided to switch to Bitcoin tomorrow, how much would a Bitcoin be worth? [closed]

Hypothetically, if everyone decided to trade in all their money and get Bitcoins for them tomorrow then how much would a single Bitcoin be worth?

My dodgy calculation makes it out to be $3,750,000 per BTC since there is apparently$60 trillion worth of fiat money and there are almost 16 million Bitcoins in circulation however I'm sure the calculation isn't that easy :p

• I think besides the value of Bitcoin exploding, it would make fiat money worthless at the same time. Thus it would become kinda meaningless to still express the value of one bitcoin in terms of fiat. Compare this: if suddenly all countries abandon the U.S. Dollar (including the U.S.) and switch to Polish Złotys, how much would one Złoty be worth in USD? May 16, 2016 at 14:00
• @RocketNuts I knew someone would say this -.- I am only using USD to represent the buying power of a Bitcoin. "If everyone swapped to Bitcoin tomorrow then how much would a BTC be worth tomorrow in USD today"
– EDD
May 16, 2016 at 16:28
• This question is hard to answer because you are measuring the value of a bitcoin with a unit that is also not fixed (dollars). Think of this as if you are trying to measure a length of string with a ruler. Your question would then be phrased "if my string suddenly grew in length and my ruler shrank, how many inches on my ruler would my string measure?" Perhaps a different unit can be used, like a week's worth of groceries for a family of 4. It's not precise, but will give you a better result than using dollars. May 16, 2016 at 16:36
• @Jestin I phrased my question in a way that implied that I was taking the buying power of a USD today and comparing it to the buying power of a BTC tomorrow. If I can buy 10 apples for $1 today but can buy 1,000,000 apples for 1 BTC tomorrow then the 2 can be compared, 1 BTC tomorrow would be worth$100,000 today because I can buy the same amount with them in theory. The price of the USD is fixed right NOW but not over time.
– EDD
May 16, 2016 at 16:55
• If everybody switches to Bitcoin, one single bitcoin would be worth: a whole truckload of money. May 18, 2016 at 9:52