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If every millionaire in the world bought the entire supply of Bitcoin, between them they could only buy 0.375 each.

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by COINS NEWS 210 Views

Let that sink in.

There’s over 56 million millionaires in the world, compared to 21 million Bitcoin.

Assuming the entire supply was available, there would only be 0.375 per millionaire available.

0.375 Bitcoin is currently just over $17,000.

It is estimated that around 20% of available supply could be lost forever, which would bring the available amount per millionaire down to 0.3 Bitcoin, under $14,000.

This one fact helped me put in perspective how undervalued Bitcoin is, and where it could be heading!

Edit: By millionaire I mean USD value.

Source: https://qz.com/2024982/where-are-the-worlds-millionaires/

submitted by /u/DanS808
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