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Bitcoin is Scarcer than you Think

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Bitcoin is Scarcer than you Think

Simply Bitcoin
Oct 10, 2022
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Bitcoin is Scarcer than you Think

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Twitter avatar for @shishi21m
ShiShi🪱🌽🍀 @shishi21m
Less than 21Million people have a whole #bitcoin & you're bearish?!?
9:59 PM ∙ Oct 2, 2022
60Likes9Retweets

Ever do thought experiments as far as Bitcoin’s scarcity goes? Have you pondered how few 21 million units really are?  

Many Bitcoiners say “One Bitcoin is more than enough”. Some even think one million sats might be enough.  Only time will tell. These few sources highlight Bitcoin’s scarcity in a unique way. 

Bitcoin As Real Estate by Surferjim

​​https://www.citadel21.com/bitcoin-as-real-estate

A must-read. In this article, SurferJim equates the limited supply of Bitcoin, to the limited supply of land. He does an excellent breakdown of the numbers and how they compare. In the end, it may take putting some of your monthly beer money aside in Bitcoin to one day realize you’ve accumulated significant wealth.

One of the many great reads from citadel21.com

BitcoinsPerPerson

http://bitcoinsperperson.com/

Bitcoinsperperson.com updates live and simply divides the current supply of Bitcoin by the world’s population.  It may surprise you what an “even share” of Bitcoin costs.  They also break down how much Bitcoin it would take to be in the .001% based on the global distribution of wealth. Definitely a site you want bookmarked!

SCARCE AF

Global Wealth Distribution: Where do you land?

The last breakdown is of current Bitcoin Holders.  I can’t verify how accurate these numbers are but based on this video, it takes ~$2,637 to be in the top 5% of Bitcoin holders today.  They analyze the distribution of millionaires in the world, and how little it would take to move Bitcoin’s price. Give it a watch to see the neat charts and breakdowns.

It takes ~$2,637 to be in the top 5% of Bitcoin holders today

Run the Numbers!

What we are trying to say is to be patient while stacking sats. If the game theory checks out, you are buying the most pristine form of property before most of the world’s population.  Gradually then suddenly.

Stack hard plebs.

21 Million Bitcoin Club – Cryptoart
Are you in the 21M club? This might be your last chance!
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Bitcoin is Scarcer than you Think

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