Despite its limited supply, the rush for Bitcoin (BTC) is only gradual and has highs (bull market) and lows (bear market). However, owning even a fraction of tokens could be an opportunity for the future, considering the total number of BTC in existence and the international population.
The experts have been touting that cryptocurrency and Bitcoin is here to stay. But due to the limited supply of Bitcoin, every individual cannot own one BTC.
Bitcoin Scarcity in the Future
An X (Twitter) user Bitcoin Apex has estimated that there is an availability of 14.5 BTC for every 8,000 people.
Rounding up the numbers, we are currently close to eight billion people on planet Earth. Over the next century, there will be “only” 21 million Bitcoin potentially in circulation. This is after finishing the long Bitcoin mining process.
However, between the coins held by Satoshi Nakamoto (more than one BTC) and the tokens that could very well be lost (about 34% of the current supply), the supply is going down considerably.
How Many Bitcoin Should an Individual Own?
There are various factors, but owning the largest amount may be interesting for believers of Bitcoin in the future. However, readers should only take investment decisions based on their own research.
Click here to learn more about Bitcoin.
Without allowing for the lost tokens, there is a maximum of 262,500 satoshis per person or 0.002625 BTC per person. At current prices, this represents an investment of $77.09 to “recover” the portion of BTC promised to each.
While it is still possible to own more than 0.002625 BTC, it would be quite different in the future if Satoshi’s vision plays out.
In fact, given that if large wallets (individuals or institutions) or even countries and other international entities jump onto the Bitcoin bandwagon, retailers could very well say goodbye to their share of the apex crypto.
That’s right, there will never be enough BTC for every individual. Very often, the human being rushes toward a commodity that is available in limited supply.
To put it in context, the famous “Bitcoin Pizza Day” which saw two pizzas being purchased for 10,000 BTC could well be an event that heralds the positive evolution of this asset.
In the future, the community might as well mock a person for buying a $30,000 car with Bitcoin. This is particularly the case when people mock purchasing two pizzas for 10,000 BTC (currently $300 million) in 2010.
However, these 10,000 tokens were worth next to nothing at the time. So while $30 invested back then is worth millions today, it could very well be repeated in the future.
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