RATE Group | How Much Bitcoin You’d Get If All 21 Million Were Distributed Worldwide
81092
post-template-default,single,single-post,postid-81092,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

How Much Bitcoin You’d Get If All 21 Million Were Distributed Worldwide

How Much Bitcoin You’d Get If All 21 Million Were Distributed Worldwide

[ad_1]

It is not a secret that Bitcoin is one of the scarcest assets out there. But have you wondered how rare the largest cryptocurrency really is?


There Is So Much Room for Bitcoin Adoption

Imagine if a new global regime would rise out of nowhere to rule the world through a UN-like body and decided that everyone should be equal. More than that, this new body would endorse Bitcoin as a legitimate currency and would distribute it to everyone. While this defies Bitcoin’s decentralized nature, how much BTC would each individual get anyway?

Well, the world’s population is almost 7.8 billion according to Worldometer, and Bitcoin’s current supply is 18,240,387. That means that each person would end up with 0.00233851 BTC or 233,851 satoshis. Considering today’s BTC price at around $8,845, that amount would be worth about $20. Not that much, right? This demonstrates that there is still much room left for Bitcoin adoption.

According to the Bitcoin distribution chart, there are over 21…

[ad_2]

Source link