7.5 Billion People / 21 Million Bitcoin = 1 Bitcoin For Every 357 People

[Doms]

You didn't factor in population growth in the next 120 plus years and the number of bitcoins that are being lost along the way. The technology in that period of time is surely going to change drastically and only our great great grandchildren are going to witness whether bitcoin or fiat or whatever the currency is by that time.

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[nydiacaskey01]

There will be a lot of factors to consider before we can say that everyone want's to have a Bitcoin or at least a Satoshi. Keep in mind that not every part of the world have internet access so for those who doesn't have access to it you can count them out of the equation. Another thing that we need to consider is if Bitcoin is allowed in that Country, if not then count them out as well. Lastly is if Bitcoin is accepted in that Country, accepted meaning there are merchants and exchanger's in that Country, if there's none I don't think that will add an appeal to Bitcoin for it to be wanted by a person.

[Dude.Lebowski]

Fun topic!

The population will continue to grow at an exponential rate. Demand will grow for Bitcoins and other cryptocurrencies, uncertainty will grow in the Stock and Real Estate Market. This is creating the perfect storm for increased purchasing power for BTC.

Due to its rarity and world population boom with many of them being un-banked, there only option will be Bitcoin and other crypto's! 

David BTC Silverspoon

You better recalculate. Some of us have more than 1.

[Seansky]

Probably when all bitcoins are mined it possible that more than 7 billion people will use bitcoin but to do that it would be hard so I guess we need not to worry about it now since no one can really know how much one can have since there will always be a person that have more bitcoin and the one with lesser amounts and population grows fast so computing now how much every people will have in the future is pointless.

[ImHash]

Do we really have to account for more than 1.5 billion people without even food and water to drink in order to survive, having internet access and enough body strength being able to think about something else?

Are you going to count the elders, infants/ disables/ and generally a few billion people which care for nothing not even their own fate?

You forgot the indifference people, unshaken by any thing other than breeding, working/ eating/ sleeping just to live their time and calculating even seconds to see when they'll die to be rid of their miserable lives?
Strikethrough my parents in the list to see how many we're left with now you want to add a few zeros and break 1 satoshi further into millisats?

Don't get me started about altcoins shills and bitcoin haters and government's employees and bottom feeders of armies and all which are quite comfortable with their fiat currencies?

[tincan2]

Fun topic!

The population will continue to grow at an exponential rate. Demand will grow for Bitcoins and other cryptocurrencies, uncertainty will grow in the Stock and Real Estate Market. This is creating the perfect storm for increased purchasing power for BTC.

Due to its rarity and world population boom with many of them being un-banked, there only option will be Bitcoin and other crypto's!  

David BTC Silverspoon

Well, let's be a bit more fair and say that Bitcoin becomes popular with the entire population with internet access, so something like 40% of the world population, or 3.2-ish billion people, and remove the rest since they can't effectively use Bitcoin.
You're looking at something like 1 BTC per 125 person, which is still a small amount, however it is less large than the 1 per 357 figure.
Maybe in the future with a sort of hyper-connected world (if we get that far) we can see that number increase, but for now I think we still have >1 BTC/person in the Bitcoin community.

Great analysis! Totally makes sense. I wanted to express the scarcity and demand factors of Bitcoin and why it programmed to increase in value over time vs fiat paper money which is programmed to decrease in value over time.  

David BTC Silverspoon
~He Who Owns Bitcoin, Makes The Rules!

[Jokoin]

Everyone in this forum will be rich . Meaning we win and the government lose... about damn time...