|
Assumptions
|
|
|
Area of a tree (km^2)
|
2.51327E-07
|
|
Average mass of a tree (Tonne)
|
0.680580762
|
|
Barrels per ton
|
7.33
|
|
Amount of food (lbs/acre)
|
58200
|
|
Amount of food (ton/KM^2)
|
6523.351417
|
|
Conversions
|
|
|
1 cubic feet
|
0.15899 Barrel
|
|
1 Short Ton
|
0.907185 Ton
|
Below is the BitCoin to resource exchange rate given the global amount available today (You can verify the amount available by looking online).
|
Item Name
|
Amount available
|
Conversions to Tonnes
|
Bit/Ton @ 21000000 Bitcoins
|
Bit/Ton @ 12812825 Bitcoins
|
|
Oil (Billion Barrels)
|
1645.984
|
2.24554E+11
|
4.67207E-05
|
2.85059E-05
|
|
Gas (Trillion Cubic Feet)
|
6809.26
|
1.65454E+14
|
2.49257E-08
|
1.5208E-08
|
|
Coal (Million Short Tons)
|
979791
|
8.88853E+11
|
1.17744E-05
|
7.184E-06
|
|
Aluminium (Tonnes)
|
38000000000
|
38000000000
|
0.000276277
|
0.000168566
|
|
Iron (Tonnes)
|
1.64E+11
|
1.64E+11
|
6.39859E-05
|
3.904E-05
|
|
Copper (Tonnes)
|
850000000
|
850000000
|
0.012352903
|
0.007536932
|
|
Zinc (Tonnes)
|
420000000
|
420000000
|
0.024999961
|
0.01525334
|
|
Lead (Tonnes)
|
130000000
|
130000000
|
0.080769192
|
0.049280073
|
|
Nickel (Tonnes)
|
130000000
|
130000000
|
0.080769192
|
0.049280073
|
|
Molybdenum (Tonnes)
|
17000000
|
17000000
|
0.61764702
|
0.376847771
|
|
Tin (Tonnes)
|
10000000
|
10000000
|
1.049999961
|
0.640641226
|
|
Silver (Tonnes)
|
520000
|
520000
|
20.19230765
|
12.32002401
|
|
Platinum & Palladium (Tonnes)
|
73000
|
73000
|
143.8356164
|
87.75907532
|
|
Gold (Tonnes)
|
82000
|
82000
|
128.0487804
|
78.12698168
|
|
Wood/Forests (KM^2)
|
39000000
|
1.0561E+14
|
6.08865E-08
|
3.71489E-08
|
|
Arable land (KM^2)
|
13962000
|
91079032478
|
0.000115246
|
7.03155E-05
|
Although, the values do not reflect their practical and access values, the Bitcoin value for the resources increases based on how much is left. So if a resource based economy was implemented everyone would have access to the energy resources (Oil, Gas, Coal) at a much lower price then they are currently.
Next, I hope to create a table for the energy, knowledge, and human resources necessary to extract and use the resources listed above and adjust the bitcoin values accordingly.
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