Bitcoin Scarcity and Future Ownership
Bitcoin’s limited supply creates a gradual rush for ownership, with highs and lows in the market. While owning a whole Bitcoin may not be feasible for everyone, even owning a fraction could be advantageous in the long run.
- An estimated 14.5 BTC is available for every 8,000 people.
- With a global population of nearly eight billion, there will be a maximum of 21 million Bitcoin in circulation over the next century.
- Considering coins held by Satoshi Nakamoto and potential lost tokens, the supply is decreasing significantly.
- Owning the largest amount of Bitcoin may be interesting for believers in its future.
- Investment decisions should be based on individual research and factors.
How Many Bitcoin Should You Own?
Without accounting for lost tokens, the maximum amount of Bitcoin per person is 262,500 satoshis or 0.002625 BTC. This represents an investment of $77.09 at current prices to “recover” the promised portion of BTC per person.
While it is currently possible to own more than 0.002625 BTC, Satoshi’s vision for Bitcoin’s future may change that. If large wallets, institutions, countries, and international entities adopt Bitcoin, retailers may lose their share of the crypto.
There will never be enough BTC for every individual, as it is a commodity with limited supply. The famous “Bitcoin Pizza Day” highlights the potential positive evolution of the asset, with two pizzas bought for 10,000 BTC in 2010. What was once worth next to nothing is now valued at millions of dollars.
Hot Take:
Bitcoin’s scarcity and limited supply make it an intriguing asset for the future. While owning a whole Bitcoin may not be attainable for most, even owning a fraction could prove to be a smart investment. As the global population continues to grow and the supply decreases, the value of Bitcoin could potentially rise. However, it’s important to research and make investment decisions based on your own judgment.
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