If every American bought a BTC, it would trade for $ 23,000

OK, so this is a bit of a reach, but we all need something joyful to think about during these dark times. Just for laughs, let’s take a look at what one bitcoin trader posted to Twitter.

Andrew Yang, who had been a presidential candidate, planned to push through (if he became the winner) the availability of Bitcoin for every US citizen. He eventually gave up his candidacy because he knows he has almost no chance of winning.

But if he would finally won the election, he would offer the Americans a way to buy Bitcoin very quickly. The cost could reach at least $ 23,000 in a matter of days. If every American gets $1000 and buys btc.

if every american gets $1000 and buys $btc, they can send it to 23k

this is so bullish for crypto it hurts ?

— red (@redxbt) March 17, 2020

That would be extremely cool indeed. Although, according to one follower Ash Ketchum, his numbers are a little off. In fact, based on the fact that there are 300 million Americans and they all spent $1k on BTC, that would give Bitcoin a final price of $21.9k.

Haha noob. There are $300mil Americans, each buying $1k worth Bitcoin will give Bitcoin a marketcap of $300bil divided by 18mil coins is $16.6k plus the current price of 5.3k gives a final price of $21.9k. Go learn maths first noob

— Ash Ketchum (@KetchumAlts) March 17, 2020