Hey guys (and gals), the other day I was reading a report on wealth creation and it said there are about 60 million millionaires globally. BTW, I am new here
But there are only going to be 21 million (minus 5 million lost for ever) Bitcoins out there.
Shouldn't this make Bitcoin one of the most scarest entity in existence?
I hope this makes sense..... If the above statement is correct, I think we are wayyyyy too early because even if all millionaires want to own ONE coin, they can't. If distributed EVENLY, each millionaire can only get 0.2666 BTC?
21,000,000 (Total supply) - 5,000,000 (Lost) divided by 60,000,000 millionaires = 0.2666
Am I making sense here or am I overthinking this one.....the math makes sense...
What the hell did I just think?
Disclaimer, I only have a small percentage of my wealth in Bitcoin but after thinking this thru, I am probably going to buy more for the long run
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