Quick Take
Bitcoin, with its total supply capped at 21 million, presents an interesting scenario when compared with the current world population of approximately 8.1 billion. This rare perspective, based on data from Worldometers, offers a deeper understanding of Bitcoin’s limited availability.
On average, each individual in the world, if split evenly per person, would possess around 259,259 Satoshis ($110), the smallest unit of Bitcoin. This calculation, however, does not account for certain realities of the Bitcoin ecosystem.
For instance, the analysis needs to consider the estimated 1.5 million “Zombie Coins,” a term referring to bitcoins inactive since the inception of the first BTC exchange in July 2010. As these coins are unlikely to reenter the circulating supply, they effectively reduce the available Bitcoin.
Adjusting for these probable lost coins, the current total circulating Bitcoin supply is approximately 19.5 million. This adjustment leads to a recalibrated figure of roughly 222,222 Satoshis ($94.79) per individual globally.
This insight underscores Bitcoin’s scarcity and the potential impact on its value as demand increases in a limited supply scenario.
James Van Straten
James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century’s paramount invention.
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