The Shocking Truth about the Scarcity of Bitcoin

TLDRThere will never be more than 235,200 whole bitcoin in the world. Only 0.0029% of the world's population are whole coiners. The average net worth per person is $7,000, while owning one bitcoin puts you in the top 0.0044% in terms of wealth. The number of bitcoin needed to have more wealth than the average person is just 0.23. Additionally, there are around 5 million lost bitcoin, further reducing the number of available whole coiners. According to Kathy Wood, bitcoin could reach $1.5 million by 2030 as it becomes a safe haven asset for millionaires.

Key insights

🔥There will never be more than 235,200 whole bitcoin in the world.

💰Only 0.0029% of the world's population are whole coiners.

🌍The average net worth per person is $7,000, while owning one bitcoin puts you in the top 0.0044% in terms of wealth.

💎The number of bitcoin needed to have more wealth than the average person is just 0.23.

🔒There are around 5 million lost bitcoin, further reducing the number of available whole coiners.

Q&A

How many whole bitcoin will there be in the world?

There will never be more than 235,200 whole bitcoin in the world.

What percentage of the population are whole coiners?

Only 0.0029% of the world's population are whole coiners.

What is the average net worth per person?

The average net worth per person is $7,000.

How much bitcoin do I need to have more wealth than the average person?

You only need 0.23 bitcoin to have more wealth than the average person.

How many lost bitcoin are there?

There are around 5 million lost bitcoin, reducing the number of available whole coiners.

Timestamped Summary

00:00There will never be more than 235,200 whole bitcoin in the world.

10:00Only 0.0029% of the world's population are whole coiners.

20:00The average net worth per person is $7,000, while owning one bitcoin puts you in the top 0.0044% in terms of wealth.

30:00The number of bitcoin needed to have more wealth than the average person is just 0.23.

40:00There are around 5 million lost bitcoin, further reducing the number of available whole coiners.