Is 21million BTC really enough for the wole world?

[digaran]

When I was a noob around here I was wondering and asking the similar questions but now I know that not even 10% of all the people in the world will ever use bitcoin and decentralized cryptocurrencies in general, why? because they are fine with their fiat systems and have nothing to complain.

[Vaccinus]

When I was a noob around here I was wondering and asking the similar questions but now I know that not even 10% of all the people in the world will ever use bitcoin and decentralized cryptocurrencies in general, why? because they are fine with their fiat systems and have nothing to complain.

and we don't need that 7B people use bitcoin man, bitcoin can do fine with 10%, 10% is not a low amount it's a lot, 10% mean 700M people using bitcoin, can you image if an amount of people like these use bitcoin what would be the value? i think from 10k to 100k dollars

[Aikonio]

When I was a noob around here I was wondering and asking the similar questions but now I know that not even 10% of all the people in the world will ever use bitcoin and decentralized cryptocurrencies in general, why? because they are fine with their fiat systems and have nothing to complain.

and we don't need that 7B people use bitcoin man, bitcoin can do fine with 10%, 10% is not a low amount it's a lot, 10% mean 700M people using bitcoin, can you image if an amount of people like these use bitcoin what would be the value? i think from 10k to 100k dollars

Oh, it would be very good if 10% of the world's population knew about bitcoin))
But, I agree with you - this will not happen. At this hour little people know about bitcoin and this is holding back the rapid growth of the price of this currency

[noictib]

I mean its only 21million btcand there are 6billion people in the world , how can it be enough

Ofcourse this amount of bitcoin will be enough for the bitcoiners of the whole world and also for the newbies who will enter on the bitcoin job .
Here the amount of bitcoin is not a big matter because if the numbers of the bitcoin per user became down then surely the price of the bitcoin will increase , that will be solution for the limited supply of bitcoin .
So here all over it is not a big matter whether the 21 million bitcoin is limited supply in the bitcoin market .

[r32godzilla]

When I was a noob around here I was wondering and asking the similar questions but now I know that not even 10% of all the people in the world will ever use bitcoin and decentralized cryptocurrencies in general, why? because they are fine with their fiat systems and have nothing to complain.

and we don't need that 7B people use bitcoin man, bitcoin can do fine with 10%, 10% is not a low amount it's a lot, 10% mean 700M people using bitcoin, can you image if an amount of people like these use bitcoin what would be the value? i think from 10k to 100k dollars

Oh, it would be very good if 10% of the world's population knew about bitcoin))
But, I agree with you - this will not happen. At this hour little people know about bitcoin and this is holding back the rapid growth of the price of this currency

We cannot expect that each and every person in the world will start using bitcoins in future but as the supply of bitcoin is limited and if demand goes higher then it will take price to next level in future and I think at this stage 21 million bitcoins are more then enough.

[xskl0]

Actually even 1 satoshi can be spent and there will be 21 million x 10^8 Satoshi which i think will be more than enough for everyone. Also by the time when all bitcoin will be mined, world population may not remain 6 billion only. 

Probably not

[Roboabhishek]

I mean its only 21million btcand there are 6billion people in the world , how can it be enough

Yes this will be enough for everyone since no one will work everyone will try to spend btc but no one will accept them because there's plenty of it and will make the world lazy.
But luckily this will not happen.
As i said above you know what will happen anything like this happens.

[n691309]

I mean its only 21million btcand there are 6billion people in the world , how can it be enough

Bitcoin's decimals are enough for the current people's needs and bitcoin can be divided into more decimals and digits just only when to see this time to come, a satoshi worth very small now and when it becomes a dollar or so then I think the bitcoin devs will divide bitcoin further. At the moment I think that are enough, is the current fiat enough for the whole world? We should analyze and discuss from the other aspects.