Recent analysis shows that if all bitcoins were evenly distributed among the world’s population, each person would receive just 0.0022 BTC. This highlights the scarcity of this cryptocurrency.
Bitcoin Distribution in the World
If all 21 million bitcoins were divided among a population exceeding 8 billion, the result would be less than 0.003 BTC per person. Currently, this is equivalent to about $261. Such simple arithmetic brings attention to the rarity of bitcoins.
The Significance of Bitcoin Scarcity
Understanding the dynamics of Bitcoin's supply is crucial for investors. The capped supply of Bitcoin, combined with growing interest, can create upward price pressure over time. Like gold, rarity makes Bitcoin appealing as a store of value.
Long-Term Prospects for Bitcoin
While $261 may not sound significant today, Bitcoin's price history suggests otherwise. Over the past decade, its price has risen from a few dollars to tens of thousands per coin. If adoption continues and demand grows, the value of even a small Bitcoin holding may significantly increase in the future, leading many experts to view Bitcoin as a hedge against inflation.
Therefore, Bitcoin's scarcity combined with its decentralized nature shapes the view of Bitcoin as an important asset in the evolving digital economy.
