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I'm trying to rationalize how finite Bitcoin is. Here are my current thoughts with some assumptions to get a clear estimate. What are your thoughts?

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I'm trying to rationalize how finite Bitcoin is. Here are my current thoughts with some assumptions to get a clear estimate. What are your thoughts?

The following rationale is all under the assumption and is considered an open discussion of getting a clearer picture to the common question of "How much is currently a decent amount" :

-That each person/institution/service only owns one wallet -That every individual has the ability to buy bitcoin -Private Addresses currently account for 60% of Bitcoin ownership (average of estimates researched) -Accounting lost Bitcoin, the max supply to every be owned is 19 million and is currently 17 million -Poulation does not change

Later we can discuss the factors that make it more or less limited such as whale/institutional outliers and a 6 month old not able to HODL

Estimated Population of Planet - 8.2 Billion Estimated Number of Private Address - 25 Million

If 25 Million individuals together own 60% of the 17 Million, this comes to 10,200,000 Million

If every individual owned an equal amount each wallet would have 0.40800000 BTC

If one day adoption is at a point where everyone has a private address, the 10,200,000 Million/8,200,000,000 of individuals; the average holding per wallet if all wallets held the same amount would be 0.00124390 BTC making a 0.1 holder 100x more wealthy and a 1.0 full coiner 1000x more wealthy than the average individual.

This is all open ended thought for playing around, if anyone wants to remove/add their own assumptions and expand on this as a discussion it would help me understand the full scope of how finite BTC is and will be.

submitted by /u/Random9988776655
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