If everyone in the world owned bitcoin each would have 0.003btc

[Drai]

Even as time progresses, more and more bitcoins would be lost, some people would die without passing the keys to their family members, some people would forget to backup their wallet or lost forget where they saved it and the supply would continue decreasing even when the coin is being mined and the supply us supposed to be increasing daily, this is one reason why I believe Bitcoin's present price is underated, imagine a currency where everyone in the world would hold just $30 worth of it at present price if it is distributed to everyone.

[FlightyPouch]

I think if that is the case, bitcoin is always used and since a lot of them had it, then there is a big chance that the price of bitcoin is so expensive, it makes the price nowadays so cheap. And that is the reason why I think we don't need to look at the denomination if that even happens, we should look at the value of it and I think that is so expensive since all of the people would be using it.

[Nhor1011]

As of now if every person in the world they would have $11 worth of bitcoin right now.
https://news.livecoinwatch.com/bitcoin-each-human-alive-getem-cold

This wouldnt include the number of bitcoin which were lost due to theft or misplaced private keys.

So would this mean there will be a shortage of the available bitcoin accessible to those who would want to own some of this cryptocurrency?

For me and to my understanding with bitcoin since it was created with limited supply still there is no shortage of bitcoin instead the value of it will continue to increase. Lucky are those who owned bitcoin during the time it was so cheap.

[kawetsriyanto]

The world would be a better place if everybody owned some bitcoin

I am not really sure with your opinion. It should be good but in fact it is still hard to happen.

Bitcoin requires technology and support from the government. At least, it needs the internet to be used and people who own the Bitcoin need to understand how to use it. On the other hand, it won't be able to use if your government bans it. These problems still become obstacles to spread out Bitcoin to all people in the world. So, how everybody will own some Bitcoin?

Look at this global Internet usage around the world : https://en.wikipedia.org/wiki/Global_Internet_usage

[angrybirdy]

The world would be a better place if everybody owned some bitcoin

I am not really sure with your opinion. It should be good but in fact it is still hard to happen.

Bitcoin requires technology and support from the government. At least, it needs the internet to be used and people who own the Bitcoin need to understand how to use it. On the other hand, it won't be able to use if your government bans it. These problems still become obstacles to spread out Bitcoin to all people in the world. So, how everybody will own some Bitcoin?

Look at this global Internet usage around the world : https://en.wikipedia.org/wiki/Global_Internet_usage

For now, it is still impossible, but there is a bit of chance for it to happen in the future.
Legalization is still no yet to happen in the whole world, internet? deep understanding? it is possible by using the internet, information about bitcoin or any other altcoin is already on the internet. Anyone can learn any time they want.
These problems are nothing if everyone is willing.

[Shasha80]

If later bitcoin is truly accepted globally, and everyone has bitcoin. It is impossible for the amount to be equal to 0.003 BTC.
Certainly like the present conditions, each person has a different amount of bitcoin they have. But fortunately for all of us
who have from now on. Therefore, before that event actually happened, collect as much Bitcoin as possible now. Especially
if it is truly accepted globally and almost everyone has bitcoin, the price will be very expensive. Finally opportunities are open
to all of us in this forum to be rich, because I'm sure the members of this forum have a lot of bitcoin that they have above 0.003 BTC.

[Sadlife]

As of now if every person in the world they would have $11 worth of bitcoin right now.
https://news.livecoinwatch.com/bitcoin-each-human-alive-getem-cold

This wouldnt include the number of bitcoin which were lost due to theft or misplaced private keys.

So would this mean there will be a shortage of the available bitcoin accessible to those who would want to own some of this cryptocurrency?

with lots of bitcoin gone in the air?this means the allocated amount will be lessen ir even become half?
i believe too many bitcoin was already gone as the private keys forgotten or the owner died without others knowing the keys and the 1 million bitcoin under Satoshi's account.
the Bitcoin is not enough for all the people around the world if the mas adaptations happen and this is why there are altcoins around to cover the shortage of bitcoins and that indeed will happen in future

[bering]

Nice calculate that total amount of population people in the world divided total supply of bitcoin so it's probably will appears those number and i assume if people in the world have those bitcoin which mean it will be including childrens and babies in the world but bitcoin distributed among the world a bit hard to do so because too many issue caused why bitcoin will not belongs to the people in the world

[Google+]

if that really happens then it is certain that the price of bitcoin can be very expensive because you have to know that people in the world total more than 1 billion people while the supply of bitcoin is only 21 million pieces of bitcoin so that it can have a good influence on prices bitcoin which can be very expensive because many people buy bitcoin even though it is only worth 0.003 Bitcoin for every person who buys bitcoin.

[maydna]

Is this really possible owned bitcoin by everyone? I am a little bit confused.

I think that it could be possible for everyone to owned bitcoin as long as all people installed the bitcoin wallet and keep it for a long time.

Even though that is possible, I am not sure if all people in out there will want to install the wallet because they will think that it is weird to have something that they don't know. Perhaps, we still need to introduce bitcoin to them, so they want to install by themselves, and then they can send 0.003 btc to their wallet.

So when bitcoin price can hit $100k in the future, all people will have at least $300 in their wallet. Wow, that will make people want to do that because who doesn't want to get $300 from investing $11.

[lighpulsar07]

Well if that 0.003 btc in today's rate we would have 28 dollars now but some of us are owning more than 1 btc so, it is impossible for people to 0.003 btc and if you are the one of the early adopters and you are mining way back then, you could start a new business with that amount of money imagine you are mined just 1 block of bitcoin the block reward way back is 50 btc and hold it up this day you could have 450,000 dollars richer.

[AGroose]

Do not forget that about 7-8 million bitcoins are lost forever. In addition, miners and whales will never allow this to be done. Even if bitcoin replaces fiat money, there will also be a division between rich and poor.

[Wysi]

Well if that 0.003 btc in today's rate we would have 28 dollars now but some of us are owning more than 1 btc so, it is impossible for people to 0.003 btc and if you are the one of the early adopters and you are mining way back then, you could start a new business with that amount of money imagine you are mined just 1 block of bitcoin the block reward way back is 50 btc and hold it up this day you could have 450,000 dollars richer.

Yes since there are users holding huge chunk of bitcoin and moreover our population rate keeps increasing and we have more bitcoin adopters so it's practically impossible for all to have bitcoin and he have a small community who uses bitcoin compared to world population and yes early adopters are always in profit if they have not exhausted bitcoin to buy pizza or exchanged it for lesser price.

[Kakmakr]

Well if that 0.003 btc in today's rate we would have 28 dollars now but some of us are owning more than 1 btc so, it is impossible for people to 0.003 btc and if you are the one of the early adopters and you are mining way back then, you could start a new business with that amount of money imagine you are mined just 1 block of bitcoin the block reward way back is 50 btc and hold it up this day you could have 450,000 dollars richer.

Doing a calculation like this, adds no value to the bigger picture. Bitcoin is just another form of money and we know that money are not equally distributed to all individuals all over the world. So, looking at this from the situation that are currently happening with Fiat currencies, you would quickly see the same pattern forming in Bitcoin that we have with Fiat currencies.

A lot of people will own a lot of bitcoins and some will have a lot less and then you will have the majority owning nothing or only a few Satoshis. Money or any other valuable resource are never equally distributed to everyone in this world.  

[peter0425]

Is this really possible owned bitcoin by everyone? I am a little bit confused.

Sure you are confused because you don't even bother to read and understand the topic instead you only read the title and posts lol

OP is asking if this is possible and you answer with same question,.

For me this is not possible because we only have few.millions in circulation because too many bitcoin is already missing and the amount available are fewer

[robelneo]

Do not forget that about 7-8 million bitcoins are lost forever. In addition, miners and whales will never allow this to be done. Even if bitcoin replaces fiat money, there will also be a division between rich and poor.

We never know the exact data of those lost Bitcoin, some lost their private keys, some send to the wrong address, others die without transferring their coins to others, but we are still ok even if the whole coins are not mined, it adds to the volatility of the market, and it's impossible for each one of us in this world to own 0.003 because there will be those who can afford and those who are not and those who can understand and those who don't want to understand.

[airdnasxela]

But we cannot completely say the accuracy of the whole population. Everyday there are people being born and same goes for dying...
I don't think it's still possible that each and everyone on earth will have and own bitcoin. Not all governments will allow bitcoin, and not everyone are capable of having bitcoin.
But to give my opinion, it's all about the law of supply and demand. Limited supply, unlimited wants, the value will just depend on that but really... I don't believe that everyone will be able to hold bitcoin.

[hatshepsut93]

So would this mean there will be a shortage of the available bitcoin accessible to those who would want to own some of this cryptocurrency?

"Shortage" doesn't make any sense here, Bitcoin is money, it's supposed to be limited. When you look at coin value it looks like it's small, but if you convert it to sats, it's 300 000 sat per person. As for the USD value of 0.003 BTC, it just means that Bitcoin is not popular enough to replace fiat currencies. But if it starts happening, the price will grow enough to cover all the currency needs.

So, we have enough units to replace fiat if we use sats, and even if it's not the case, it's possible to make a fork to even smaller units.