if bitcoin was main currency, what's gonna be the BTC value?

[izsara]

i still believe they can be an option and i think an option is better than being the main payout.
there will be a lot of problems when they are used as the main payment tool, one of which is that the government is overheating because they certainly won't be able to regulate bitcoin easily
On the other hand, they also don't need that, what they need is only recognition regardless of whether it is used as a legal tender or not, it is a continuation after the acknowledgment.

You have a point. And I think that we, bitcoin enthusiasts, would be the happiest if it were to be an option, right? Although, I doubt that bitcoin would come top of their list since you already mentioned that they will probably have problems regulating it. Nevertheless, you are right that the acknowledgment is a big factor in pushing this through, if it were to really happen.

very true, at least even if they are not considered a means of payment but the government makes regulations regarding clear recognition even if they don't like it I think it will have a pretty positive impact on bitcoin.
take a look at some countries that have even made them a payment option like elsavador. they even proudly say that they are buying bitcoin especially now that it is priced well enough to add to the load.

[Mauser]

-Answer is: The dollar IS the value. The dollar doesn't cost anything. The dollar is the value.

I don't agree with your answer here. This might have been true if Bitcoins were around in the 70s or 80s but not today. The world is reducing its dependency on the US Dollar every year. To say that the Dollar is now the value of a independent Internet currency is not right. While dollar plays a role in the price of Bitcoins I think that we are more independent now with crypto currencies. If it was really just the US Dollar value than why wouldn't we keep holding fiat money? With cryptos we are independent of financial influence of the government and their pressure to issue new debt and print money.

[ChrisPop]

Indeed, if BTC become the mainstream currency of the world all the other assets' values shall be denominated in BTC value. But Bitcoin could end up only becoming the main store-of-value asset and we'd use a more stable currency for day-to-day payments.

[Mahanton]

BTC was created with a new transaction system without a central authority. The BTC can be used in the future as the main currency that we gonna pay with. But what's gonna be the value of a main currency? What's the value of dollars or eur?

-Answer is: The dollar IS the value. The dollar doesn't cost anything. The dollar is the value.

If BTC is gonna be used in future, it not gonna cost anything, because the BTC is gonna be the value. It not gonna be like Bitcoin cost 50,000dollars... Bitcoin not gonna cost anything because Bitcoin IS the value. But that's probably not gonna happen. We not gonna pay with BTC but with stable coins like USDT...

Being optimistic isnt bad but dont consider for this thing to happen because it wouldnt happen even on my dreams on which Dollar or fiat in general would lost its value yet we know that as long government does exist
then it wont surely happen. Why not they could both co-exist to each other? We do have some options to take whether dealing with typical centralized fiat or dealing with decentralized things like crypto.
At least we do have a choice or option to take and we shouldnt really bother ourselves or thinking off that there would be some replacement thing that would happen.
Thats not gonna happen no matter what.

[Normie_buys_crypto]

BTC was created with a new transaction system without a central authority. The BTC can be used in the future as the main currency that we gonna pay with. But what's gonna be the value of a main currency? What's the value of dollars or eur?

-Answer is: The dollar IS the value. The dollar doesn't cost anything. The dollar is the value.

If BTC is gonna be used in future, it not gonna cost anything, because the BTC is gonna be the value. It not gonna be like Bitcoin cost 50,000dollars... Bitcoin not gonna cost anything because Bitcoin IS the value. But that's probably not gonna happen. We not gonna pay with BTC but with stable coins like USDT...

I think you are asking, if BTC were the only currency in existence in the world, what would it's purchasing power be? How can that be determined? The answer to that is this: the purchasing power of a currency is the quantity or number of that currency in existence divided by an accounting of all the physical wealth that exists. So in this case:

18,923,556 BTC / [total accounting of all physical wealth such as all real estate, all physical tangible resources, all valuable physical assets that exist] = the purchasing power of BTC

In this case the total accounting of all the world's wealth adds up to $360,603 billion US dollars.

18,923,556 BTC / $360,603,000,000,000 = 5.24x10^-8 BTC, or 5.24 satoshis, per $1.00

In other words, 5.24 satoshis would represent the wealth that 1 USD used to represent. So in the United States at current housing prices, you would need roughly 1,572,000 satoshis to buy a house.

Someone check on my math.

I do not think this will happen though.

[LUCKMCFLY]

I think the question is very conceptual, because when saying value encompasses many things, for my value it is different than price, also based on the fact that it is based on the Law of Supply and Demand, things change a lot, the BTC as long as it has its support based on the supply-demand, whale effect and Fundamentals, the value can be very high, it is almost something very difficult to calculate, at least for me, I would see it as a capital gain appraisal and they are very complicated to calculate, for me the The price would be very high, to be honest the price for me should be at least $ 150k and the value would have to do the required study.

[Juse14]

I was one of the first people to believe in bitcoin's growth, but hadn't thought about becoming a major currency yet. Honestly I'm a little afraid it will have an impact on the value of bitcoin itself. Even if that were the case, I would agree with "paying with stable coins".

[jhonjhon]

-Answer is: The dollar IS the value. The dollar doesn't cost anything. The dollar is the value.

I don't agree with your answer here. This might have been true if Bitcoins were around in the 70s or 80s but not today. The world is reducing its dependency on the US Dollar every year. To say that the Dollar is now the value of a independent Internet currency is not right. While dollar plays a role in the price of Bitcoins I think that we are more independent now with crypto currencies. If it was really just the US Dollar value than why wouldn't we keep holding fiat money? With cryptos we are independent of financial influence of the government and their pressure to issue new debt and print money.

Very well said. Bitcoin will never be a main currency because it is volatile and the value is still being evaluated. And primary reason why people buy bitcoin is that they will be able to sell it later for a higher fiat value.

[Henrobakkara]

BTC was created with a new transaction system without a central authority. The BTC can be used in the future as the main currency that we gonna pay with. But what's gonna be the value of a main currency? What's the value of dollars or eur?

-Answer is: The dollar IS the value. The dollar doesn't cost anything. The dollar is the value.

If BTC is gonna be used in future, it not gonna cost anything, because the BTC is gonna be the value. It not gonna be like Bitcoin cost 50,000dollars... Bitcoin not gonna cost anything because Bitcoin IS the value. But that's probably not gonna happen. We not gonna pay with BTC but with stable coins like USDT...

Well, I don't think any cryptocurrency is going to be the main currency of the day in the future apart from what you just explained, we should understand that no Government can be the owner of Bitcoin and since the strength of a Nation is a factor of the strength or Value currency of her currency and this cannot be claimed in terms of Bitcoin by any Government, it is rearly that they will make Bitcoin their main currency. People and Investment can accept Bitcoin and other cryptos as it is now but that don't mean it will be the case across. 

[worldofcoins]

I don't see any chances for the bitcoin to become the main currency as we still have many people in this world know don't know about it, and on the top, as the bitcoin is uncontrollable, how would you control the economy with it plus with bitcoin you won't pay taxes to the government then how will they improve the development of their country?.
Many questions may occur. For me, it's about the value. It's all about how I manage the government and the economy.

[bitzizzix]

If history is any guide I don't think it will be stable nor will it become a major currency, with what we have seen so far, Bitcoin price is rising and falling steadily almost every minute, so I doubt it will stabilize.
associated with bitcoin as a whole will not be easy to predict and no one knows in the future, even though it becomes the main currency my hope seems to be taking a very long time because it is still very vague because it will continue to fluctuate.

[teosanru]

BTC was created with a new transaction system without a central authority. The BTC can be used in the future as the main currency that we gonna pay with. But what's gonna be the value of a main currency? What's the value of dollars or eur?

-Answer is: The dollar IS the value. The dollar doesn't cost anything. The dollar is the value.

If BTC is gonna be used in future, it not gonna cost anything, because the BTC is gonna be the value. It not gonna be like Bitcoin cost 50,000dollars... Bitcoin not gonna cost anything because Bitcoin IS the value. But that's probably not gonna happen. We not gonna pay with BTC but with stable coins like USDT...

I don't think value will be dependent upon the adoption instead valuation will be more dependent upon the play by the whales, adoption as you can see is much more than what it was an year ago but still the price of Bitcoin is somewhat less than what it was a an year ago. I think whales are going to continue their own play with the price and adoption is going to happen side by side.

[taufik123]

I don't think value will be dependent upon the adoption instead valuation will be more dependent upon the play by the whales, adoption as you can see is much more than what it was an year ago but still the price of Bitcoin is somewhat less than what it was a an year ago. I think whales are going to continue their own play with the price and adoption is going to happen side by side.

adoption is only a trigger that bitcoin is recognized by several companies which will certainly make the price spike, but over time the price will go down again. Bitcoin is a cryptocurrency that has a volatile nature with high volatility, so bitcoin cannot be used as the main currency just like that. to become a major currency like Fiat must have strong price stability. Whales play a role for the volatile bitcoin market and many more that affect the bitcoin price.

[suzanne5223]

I don't think value will be dependent upon the adoption instead valuation will be more dependent upon the play by the whales, adoption as you can see is much more than what it was an year ago but still the price of Bitcoin is somewhat less than what it was a an year ago. I think whales are going to continue their own play with the price and adoption is going to happen side by side.

adoption is only a trigger that bitcoin is recognized by several companies which will certainly make the price spike, but over time the price will go down again. Bitcoin is a cryptocurrency that has a volatile nature with high volatility, so bitcoin cannot be used as the main currency just like that. to become a major currency like Fiat must have strong price stability. Whales play a role in the volatile bitcoin market and many more that affect the bitcoin price.

@teosanru The value of every commodity or store of value always depends on the level of adoption and enthusiasm within the ecosystem but that doesn't mean the bigger fish won't manipulate the market. However, the price of Bitcoin was more than what it's was years ago because of adoption and halving effect.
@taufik123 Understand that fiat currency are also volatile in there own way. Bitcoin been highly volatility doesn't mean it cant be a major currency but it can't major currency because of it decentralization which is a setback to the government.

[teosanru]

I don't think value will be dependent upon the adoption instead valuation will be more dependent upon the play by the whales, adoption as you can see is much more than what it was an year ago but still the price of Bitcoin is somewhat less than what it was a an year ago. I think whales are going to continue their own play with the price and adoption is going to happen side by side.

adoption is only a trigger that bitcoin is recognized by several companies which will certainly make the price spike, but over time the price will go down again. Bitcoin is a cryptocurrency that has a volatile nature with high volatility, so bitcoin cannot be used as the main currency just like that. to become a major currency like Fiat must have strong price stability. Whales play a role for the volatile bitcoin market and many more that affect the bitcoin price.

Really, price stability in terms of what? If bitcoin is the main currency how will you measure it's price in? Moreover in the adoption stage every currency has high price fluctuations only, many fiats too experience pretty high inflations.

I don't think value will be dependent upon the adoption instead valuation will be more dependent upon the play by the whales, adoption as you can see is much more than what it was an year ago but still the price of Bitcoin is somewhat less than what it was a an year ago. I think whales are going to continue their own play with the price and adoption is going to happen side by side.

adoption is only a trigger that bitcoin is recognized by several companies which will certainly make the price spike, but over time the price will go down again. Bitcoin is a cryptocurrency that has a volatile nature with high volatility, so bitcoin cannot be used as the main currency just like that. to become a major currency like Fiat must have strong price stability. Whales play a role in the volatile bitcoin market and many more that affect the bitcoin price.

@teosanru The value of every commodity or store of value always depends on the level of adoption and enthusiasm within the ecosystem but that doesn't mean the bigger fish won't manipulate the market. However, the price of Bitcoin was more than what it's was years ago because of adoption and halving effect.

Here I meant value in terms of price, what I am trying to say is we will obviously grow in longer term but valuation and pricing we will never be able to equate in terms of the adoption we are having in bitcoin.

[KaliLinux]

Indeed, if BTC become the mainstream currency of the world all the other assets' values shall be denominated in BTC value. But Bitcoin could end up only becoming the main store-of-value asset and we'd use a more stable currency for day-to-day payments.

Look, I am all for Bitcoin and the general cryptocurrency adoption but how do you think that, something with only 21mill total supply will be the world's mainstream currency? Even if many countries eventually adopt Bitcoin as a legal tender which I believe can happen, it will not replace fiat currency but will be accepted as such for payments and true value will be determined then because it should be more stable as a mainstream currency.

[Wawa2013]

if bitcoin is the main currency what is the value of btc, honestly I will not be able to answer the question you ask, because I am not sure bitcoin will be the main currency, because bitcoin will still be a very valuable investment and asset, even if we make bitcoin as the main currency is definitely the government will oppose us, and find a way to bring down bitcoin.

With the volatile price of Bitcoin, it is not possible to become the main currency, while the main currency requires a stable price. After all
the government will never allow Bitcoin as the main currency, and also from the beginning Bitcoin was not created to replace fiat. So I see
the most ideal Bitcoin should be only as an alternative to payment, it makes more sense to be realized. But there are still many countries that
reject Bitcoin as an alternative payment, especially as the main currency, really hard to come true. Bitcoin is also now more widely used
by the majority of people as an investment asset, because the price is volatile can give us profit if hold in the long term. So instead of thinking
about things that are difficult to achieve, why don't we just focus on using Bitcoin as an investment.

[AicecreaME]

BTC was created with a new transaction system without a central authority. The BTC can be used in the future as the main currency that we gonna pay with. But what's gonna be the value of a main currency? What's the value of dollars or eur?

-Answer is: The dollar IS the value. The dollar doesn't cost anything. The dollar is the value.

If BTC is gonna be used in future, it not gonna cost anything, because the BTC is gonna be the value. It not gonna be like Bitcoin cost 50,000dollars... Bitcoin not gonna cost anything because Bitcoin IS the value. But that's probably not gonna happen. We not gonna pay with BTC but with stable coins like USDT...

Foremost, bitcoin being the main currency is close to impossible because the government won't allow it to happen in the first place. The central organizations wouldn't permit the blossoming of bitcoin and before it even start to soar, they would definitely stop it instantly. But if it were to be the main currency, I bet the price of it would depend on the supply and demand because in the first place that's what really distinguishes the price position of bitcoin. The market demand and supply circulation as well as the season would predict what value it may hold.

[Mamun74]

I think Government Won't allow to happen bitcoin is main currency. So It's impossible to bitcoin main currency. Bitcoin is most popular and most valuable coin in crypto market. We already know that all coin price depends on bitcoin price. Bitcoin price now little dip i hope bitcoin price will be more increase in this year and i hope market will be green again.

[Gamerholic]

It is not possible to answer this question in exact numbers, however, if you think about it, it becomes clear that it will be very expensive. That is, the price of one bitcoin will be very high - since there will be a frantic demand for bitcoin - after all, it is legal tender everywhere and everyone needs it. Such demand and the absence (suppose) of supply that could satisfy such demand - there is a shortage and prices rise. I think it's too early to talk about it, but it's always good to dream!