Enough to own 0.01 BTC! Why?
|Slavomír Kaňuk|source|19077x
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Enough to own 0.01 BTC! Why?

In 10 years, a limited amount of 21 million bitcoins will be almost completely mined. This limited offer, combined with the current distribution of world wealth, may mean that you will only need to own 0.01 BTC in the future. You can currently get this amount for about $ 500, and its value can be counted in the millions over the years.


According to Credit Suisse's "Global Wealth Report 2020", there are nearly 52 million individuals worldwide with more than $ 1 million minus debts and liabilities. Although millionaires make up only 1% of the world's population, they own almost 43% of the world's wealth. The report states that more than $ 50 million is owned by 175,700 people, more than $ 100 million by 55,800 people and more than $ 500 million by only 4,410 people.



As of March 1, a total of 18.64 million BTC are in circulation, which means that there are still 2.36 million BTC left to be mined. In 10 years, this number will rise to 20.6 million BTC, which will represent 98% of the total supply. We will now remove all BTC that have not "moved" for several years (and may therefore be lost) and include the significant purchasing power of individuals owning more than $ 100,000. The result of our equation will be that if the total amount of BTC were evenly distributed among all of the above, each would own approximately 0.01 BTC.


In conclusion, if you buy BTC today for $ 500, in the future, you may be among the top 13% of its owners. Comparing the relative distribution of wealth in the FIAT and BTC markets, belonging to the top 13% of BTC owners will be as exclusive as being a FIAT millionaire.

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