Bitcoin is famously limited to 21 million units, but its divisibility into satoshis ensures there’s more than enough to go around, potentially making it a global monetary standard.
You’ve likely heard that Bitcoin is limited to 21 million units. So, with only 21 million units and a global population of around 8 billion people, does that mean Bitcoin is a terrible currency because there won’t be enough for everyone, right?
Not at all! That’s a common misconception and one of the biggest myths about Bitcoin.
In this article, we’ll examine whether there’s truly enough Bitcoin for everyone and how it could be distributed over time.
Let’s dive in!Table of contents:Table of contents:
- Will there be enough Bitcoin for everyone? Is there a limit?
- Will Bitcoin be centralized in the hands of a few?
- Bitcoin Distribution
- Yes, There will be enough Bitcoin for everyone!
...read more at blog.areabitcoin.co
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Not for everyone. Some will never want to use Bitcoin or to see people using Bitcoin. There's enough Bitcoin only for those who are ready.
Whatever amount of money there is, is enough. It will just have to be used and not just stacked, never to see the light of day or purchase a thing.
Never ever! Especially the UTXO management will be horrible on a large scale!
There will be plenty of second (and higher) layers scaling solutions, like Ark, through which things like virtual UTXOs, many more people will be able to use Bitcoin on a quasi sovereign fashion, with some levels of trust minimized required. Everybody will be able to use Bitcoin, just not on the layer 1, with full sovereignty, but pretty close, I think.
I hope you are right, and I'm looking forward to all the new cool products and solutions like cashu for example.
Look at what @supertestnet just posted here about his lighting channel factory:
#858832
No.
Especially me. Don't have enough
same with me and 99% of stackers 🤠