$BTC The scarcity of Bitcoin is indeed a remarkable aspect of its design. With a maximum supply capped at 21 million, and around 6 million lost forever, the actual available supply might be closer to 15 million. This limited supply, combined with growing demand, contributes to Bitcoin's value.
*Key Points:*
- *Circulating Supply*: Around 93% of all Bitcoins that will ever exist are already in circulation.
- *Lost Coins*: Approximately 6 million Bitcoins are lost forever, reducing the actual available supply.
- *Millionaire Demand*: If each of the 64 million millionaires worldwide wanted just 0.5 BTC, the supply wouldn't be enough.
- *Average Allocation*: The maximum average millionaires could get is 0.23 BTC, less than a quarter of one.
*Implications:*
- *Scarcity*: Bitcoin's scarcity is a key factor in its value and appeal.
- *Exclusivity*: Holding more than 0.25 BTC puts you in a exclusive group, as most millionaires don't have any Bitcoin.
- *Growing Demand*: As more people become interested in Bitcoin, the demand for this limited supply will continue to drive its value.
The math indeed shows that Bitcoin's scarcity is what makes it truly remarkable .
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