So let’s suppose Bitcoin is a runaway success. What would the world look like in 2030?
In the year 2030, 20 million bitcoins are in circulation; all but 1 million of the 21 million maximum have been mined.
Unfortunately, the future didn’t work out well for Crowley: He didn’t pay close attention to Chapter 3 and lost all his bitcoins in the infamous WhatsMyInstaSnapAppBook.com hack in 2019. Consequently, he’s spending his days as a real estate agent and driving semitrucks cross country on the weekends for a living.
So exactly what would 20 million bitcoins look like? Well, unbeknownst to Crowley, if the 20 million bitcoins were each the size of a penny and were stacked as tightly as mathematically possible, they would almost exactly ...