Bitcoin Forum
May 12, 2024, 06:40:26 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: 1 2 3 4 5 6 7 [All]
  Print  
Author Topic: Can everyone in the world have bitcoin.  (Read 811 times)
Ruttoshi (OP)
Sr. Member
****
Offline Offline

Activity: 322
Merit: 274


Baba God Noni


View Profile
August 20, 2023, 12:58:58 PM
Merited by fillippone (1)
 #1

I know that the reason why we need to tell people about bitcoin is to spread the awareness of bitcoin,so that more people will adopt bitcoin so that it can be recognised and use by everyone just the way fiat is used. This will make bitcoin value to increase due to its volatile nature and the price is been controlled by demand and supply. Bitcoin is limited in number as we all know that we only have 21million bitcoin.

I have been wondering as a newbie with little knowledge on bitcoin that how is it possible for everyone in the world to own some fraction of bitcoin with the limited number just like the way everyone is using fiat.  Is it that these 21million bitcoin will be enought to serve the world with a total population of 8.1 billion because I know that we have whales who will buy a huge amount of bitcoin and just store it in their wallet without using it,just the way the rich men and politicians keep so much funds in their account or at home without spending it. I also notice that one country can't print the currency that the whole world is using but various countries printed their own currency. Another thing that I noticed so many investors prefer to holdli their bitcoin which might make it not sufficient for everyone.

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?

.
Duelbits
▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄
███░░░░███░░░░███
░░░░░░░░░░░░░
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░░░░███▄█░░░
░░██▌░░███░▀░░██▌
█░██░░███░░░██
█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀
.
REGIONAL
SPONSOR
███▀██▀███▀█▀▀▀▀██▀▀▀██
██░▀░██░█░███░▀██░███▄█
█▄███▄██▄████▄████▄▄▄██
██▀ ▀███▀▀░▀██▀▀▀██████
███▄███░▄▀██████▀█▀█▀▀█
████▀▀██▄▀█████▄█▀███▄█
███▄▄▄████████▄█▄▀█████
███▀▀▀████████████▄▀███
███▄░▄█▀▀▀██████▀▀▀▄███
███████▄██▄▌████▀▀█████
▀██▄█████▄█▄▄▄██▄████▀
▀▀██████████▄▄███▀▀
▀▀▀▀█▀▀▀▀
.
EUROPEAN
BETTING
PARTNER
1715496026
Hero Member
*
Offline Offline

Posts: 1715496026

View Profile Personal Message (Offline)

Ignore
1715496026
Reply with quote  #2

1715496026
Report to moderator
1715496026
Hero Member
*
Offline Offline

Posts: 1715496026

View Profile Personal Message (Offline)

Ignore
1715496026
Reply with quote  #2

1715496026
Report to moderator
TalkImg was created especially for hosting images on bitcointalk.org: try it next time you want to post an image
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715496026
Hero Member
*
Offline Offline

Posts: 1715496026

View Profile Personal Message (Offline)

Ignore
1715496026
Reply with quote  #2

1715496026
Report to moderator
1715496026
Hero Member
*
Offline Offline

Posts: 1715496026

View Profile Personal Message (Offline)

Ignore
1715496026
Reply with quote  #2

1715496026
Report to moderator
1715496026
Hero Member
*
Offline Offline

Posts: 1715496026

View Profile Personal Message (Offline)

Ignore
1715496026
Reply with quote  #2

1715496026
Report to moderator
DeathAngel
Legendary
*
Offline Offline

Activity: 3108
Merit: 1598


#1 VIP Crypto Casino


View Profile
August 20, 2023, 01:03:49 PM
 #2

There will only ever be 21 million bitcoins in existence, it doesn't mean that everyone in the world cannot have bitcoin though. That's because bitcoin can be divided into smaller units. Each bitcoin is divisible up to eight decimal places & the smallest unit is called a satoshi which is equivalent to one hundred millionth of a bitcoin.

With this divisibility even if there are only 21 million bitcoins the total number of sats is extremely high allowing for widespread adoption and use. In theory everyone in the world can own and use bitcoin as the supply can be divided to accommodate the needs of users.

You can obviously buy fractions of a bitcoin so you don't necessarily need to own a whole bitcoin to participate in the bitcoin economy.

.
.BITCASINO.. 
.
#1 VIP CRYPTO CASINO

▄██████████████▄
█▄████████████▄▀▄▄▄
█████████████████▄▄▄
█████▄▄▄▄▄▄██████████████▄
███████████████████████████████
████▀█████████████▄▄██████████
██████▀██████████████████████
████████████████▀██████▌████
███████████████▀▀▄█▄▀▀█████▀
███████████████████▀▀█████▀
 ▀▀▀▀▀▀▀██████████████
          ▀▀▀████████
                ▀▀▀███

.
......PLAY......
elevates
Sr. Member
****
Offline Offline

Activity: 742
Merit: 390


View Profile
August 20, 2023, 01:04:48 PM
 #3

Don't forget that a good amount of Bitcoin has been lost. Still there is time for others to get their hand on some amount of Satoshi but I don't think that it would be sufficient enough for everyone in this world to have Bitcoin. Another important factor is that a major portion of the earth population can't afford a days meal. How can the afford to buy a few Satoshi? If you do donate them they would sell it for fiat to buy food. Things are not that easy in the world we live in and therefore such topics look irrelevant for discussion.
Jawhead999
Legendary
*
Offline Offline

Activity: 1652
Merit: 1158



View Profile
August 20, 2023, 01:07:09 PM
 #4

21 Million Bitcoin is 2,100,000,000,000,000 and current world population is 8,100,000,000, it's mean each person can own 259,259 Satoshi in order to be distributed to every people. Can someone who have a faucet account and claim 1 Satoshi can be said as owning Bitcoin? although it's not actually you have that Bitcoin because there's a minimum amount to withdraw and other thing.

Theoretically everyone in the world can have Bitcoin.

.freebitcoin.       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.PLAY NOW.
Lorence.xD
Sr. Member
****
Offline Offline

Activity: 1624
Merit: 315


Leading Crypto Sports Betting & Casino Platform


View Profile
August 20, 2023, 01:38:54 PM
 #5

I know that the reason why we need to tell people about bitcoin is to spread the awareness of bitcoin,so that more people will adopt bitcoin so that it can be recognised and use by everyone just the way fiat is used. This will make bitcoin value to increase due to its volatile nature and the price is been controlled by demand and supply. Bitcoin is limited in number as we all know that we only have 21million bitcoin.

I have been wondering as a newbie with little knowledge on bitcoin that how is it possible for everyone in the world to own some fraction of bitcoin with the limited number just like the way everyone is using fiat.  Is it that these 21million bitcoin will be enought to serve the world with a total population of 8.1 billion because I know that we have whales who will buy a huge amount of bitcoin and just store it in their wallet without using it,just the way the rich men and politicians keep so much funds in their account or at home without spending it. I also notice that one country can't print the currency that the whole world is using but various countries printed their own currency. Another thing that I noticed so many investors prefer to holdli their bitcoin which might make it not sufficient for everyone.

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?


I think it's possible since you could own a small portion of BTC which means you're already owned a BTC. I'm not sure if it's called mBTC where it's something like 0.001 BTC. And to clarify something even if we have a 8.1 billion number of the population, there's still a lot of people who doesn't know or aware on BTC existence so for sure there would always be open a slot to anyone's wanting to own BTC. You don't need to think of the supply with the number of people especially if they doesn't have any idea about it. Even some other people who've heard about Bitcoin but they don't give a sht since they think it's a scam which is pretty normal, and even studying Bitcoin once they realized it's too complicated for them they would just give up on understanding on it. In short, there's a lot of people aren't owning BTC but of course they free to enter the market whenever they want since it's decentralized.

█▀▀▀▀▀











█▄▄▄▄▄
.
Stake.com
▀▀▀▀▀█











▄▄▄▄▄█
   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
█▀▀▀▀▀











█▄▄▄▄▄
.
PLAY NOW
▀▀▀▀▀█











▄▄▄▄▄█
ZeeshanTrade
Member
**
Offline Offline

Activity: 65
Merit: 10


View Profile
August 20, 2023, 01:43:20 PM
 #6


The answer to this question is of course No because older people don't know how to buy and sell Bitcoin they don't know what is crypto so this is impossible, also some people think that crypto is haram but in real crypto is halal. that are 2 big reasons and some are too much poor so they cant buy BTC.
hd49728
Legendary
*
Offline Offline

Activity: 2086
Merit: 1029



View Profile WWW
August 20, 2023, 01:49:02 PM
 #7

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?
Everyone can have bitcoin as you don't have to buy 1 BTC to have it. Satoshi Nakamoto designed Bitcoin with small unit, satoshi and you can buy small amount of satoshi but it still is bitcoin, just less than 1 BTC. The earlier you buy it, the bigger amount you can buy with same capital.

[Did you know?] Bitcoin Table of Units

.freebitcoin.       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.PLAY NOW.
Jawhead999
Legendary
*
Offline Offline

Activity: 1652
Merit: 1158



View Profile
August 20, 2023, 01:53:50 PM
 #8

The answer to this question is of course No because older people don't know how to buy and sell Bitcoin they don't know what is crypto so this is impossible, also some people think that crypto is haram but in real crypto is halal. that are 2 big reasons and some are too much poor so they cant buy BTC.
It's because those old people don't want to learn how to use a cellphone, they're not interested with cryptocurrency etc. Not all young people are owning Bitcoin though, even they have heard about Bitcoin in their own cellphone.

As for Bitcoin is haram or halal, it depend personal choice and belief.

If we're talking about personal problem, obviously not everyone will own Bitcoin especially for the country which has no internet connection.

.freebitcoin.       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.PLAY NOW.
Wend
Sr. Member
****
Offline Offline

Activity: 1386
Merit: 283



View Profile
August 20, 2023, 01:59:54 PM
 #9

If we split 21 million bitcoins equally among everyone then of course anyone could own bitcoin in satoshi form but it would probably be insignificant. But in my opinion, many people will not have the opportunity to own bitcoin if they are late in this revolution. If in the future bitcoin is worth as high as 10 million dollars per bitcoin then owning it is impossible for many people, many people will not be able to get it. We are fortunate to be pioneers, so don't let that opportunity pass.

zaim7413
Sr. Member
****
Offline Offline

Activity: 1232
Merit: 332


Vave.com - Crypto Casino


View Profile
August 20, 2023, 02:18:04 PM
 #10

It is very possible that everyone has bitcoin with a limited amount of bitcoin supply because it can be broken into smaller parts, this is the advantage of Bitcoin. The amount is very limited, there are 21 million bitcoins in circulation, but that doesn't mean Bitcoin doesn't go to certain people who want to own it.
Even though rich people, popes and government officials store Bitcoin in large quantities, it will not stop the supply of Bitcoin in the market. There will always be supply and demand every minute, hour and day that anyone can own Bitcoin.

buwaytress
Legendary
*
Offline Offline

Activity: 2800
Merit: 3446


Join the world-leading crypto sportsbook NOW!


View Profile
August 20, 2023, 02:19:06 PM
 #11

Maybe there's more to understand why we tell people about Bitcoin. The awareness isn't just about Bitcoin's presumed future price (and therefore as an investment). It's about Bitcoin as alternative money.

You don't need to own Bitcoin as a type of wealth vehicle to benefit.

Iranians can use Bitcoin to transact with the outside world (they don't have access to banking outside Iran). Argentinians can use Bitcoin to preserve their income (keeping it in local currency is suicide with today's hyperinflation. My own personal use case? I accept Bitcoin as payment for work -- ensuring I can receive payment when PayPal and other methods are restrictive, expensive, slow.

██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
BD Crypto
Full Member
***
Offline Offline

Activity: 658
Merit: 158

BTC Rocks


View Profile
August 20, 2023, 02:19:11 PM
 #12

Practically it's impossible to own Bitcoin by everyone because there are many barriers. If someone own few Satoshi it's still like owning Bitcoin. I don't think topic is useful and a matter of discussion but if would be better to discuss about maximizing Bitcoin adoption.
Why everyone can't have Bitcoin?

  • Everyone in the world don't have internet connection and knowledge about internet and digital technologies.
  • Even some of country don't have electricity in all area and it's a must to use Bitcoin also internet connection.
  • Everyone will not be interested to use or to like Bitcoin and no one can force them.
  • Even some will not like to have Bitcoin because of its higher transection fees and some dislike it because of its volatile nature but it's a properties of Bitcoin.
  • It's still illigal in most of the countries and government discourage to use it. If they legalize it many people will be involved with it and mass adoption will increase but practically it's not possible to own it by everyone because it's just an imagination and illogical.
CageMabok
Hero Member
*****
Offline Offline

Activity: 966
Merit: 799



View Profile
August 20, 2023, 02:28:55 PM
 #13


The answer to this question is of course No because older people don't know how to buy and sell Bitcoin they don't know what is crypto so this is impossible, also some people think that crypto is haram but in real crypto is halal. that are 2 big reasons and some are too much poor so they cant buy BTC.

If you come from a Muslim country or from a Muslim family environment, maybe you will find people who think crypto is haram because their thinking is a little different from other people so they try to bring the concept of trust into crypto. Even though crypto itself has nothing to do with any belief, so anyone can use it and I think you are also starting to understand crypto because you don't think crypto is haram.

I don't think that's a very logical reason because over time crypto and Bitcoin users continue to increase in different parts of the world so you might also discover more about crypto and Bitcoin over time. You can also find out about this yourself through some very concrete news so that there is more mature enlightenment about crypto because parents who are not familiar with crypto and Bitcoin will not find it easier to believe because they also don't know how to use it.

█████████████████████████
██
█████▀▀███████▀▀███████
█████▀░░▄███████▄░░▀█████
██▀░░██████▀░▀████░░▀██
██▀░░▀▀▀████████████░░▀██
██░░█▄████▀▀███▀█████░░██
██░░███▄▄███████▀▀███░░██
██░░█████████████████░░██
██▄░░████▄▄██████▄▄█░░▄██
██▄░░██████▄░░████░░▄██
█████▄░░▀███▌░░▐▀░░▄█████
███████▄▄███████▄▄███████
█████████████████████████
.
.ROOBET 2.0..██████.IIIIIFASTER & SLEEKER.██████.
|

█▄█
▀█▀
████▄▄██████▄▄████
█▄███▀█░░█████░░█▀███▄█
▀█▄▄░▐█████████▌▄▄█▀
██▄▄█████████▄▄████▌
██████▄▄████████
█▀▀████████████████
██████
█████████████
██
█▀▀██████████████
▀▀▀███████████▀▀▀▀
|.
    PLAY NOW    
jrrsparkles
Sr. Member
****
Offline Offline

Activity: 2394
Merit: 258


Eloncoin.org - Mars, here we come!


View Profile
August 20, 2023, 02:34:02 PM
 #14

Theoretically, it is possible for everyone to hold.

1 Btc = 100.00M sats

Total supply = 21 MillionsBTC

So total = 2,100,000,000,000, which is equivalent to 2.1 trillion sats.

Now divide it by the total population which is 8 Billion means 262,500.

So it leaves everyone to get 262,500 sats for them.

But as you said its not practically possible since most of the Bitcoins are already under the control of a small number of people. Well, its same for the all monetary system which is top 1% own 90% of assets of the world.









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
Mars,           
here we come!
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
ElonCoin.org.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"

▬▬▬▬▬
Cuenta Alternativa
Member
**
Offline Offline

Activity: 182
Merit: 66

Don Pedro Dinero alt account


View Profile
August 20, 2023, 02:37:54 PM
 #15

Rather than answering the question about 'can', which has already been well answered, I will answer about 'will'. Not everyone will have bitcoin, which renders the hypothetical question meaningless, although if this hypothetical scenario were to occur, everyone could have some bitcoin.

Not everyone owns shares, houses or gold, so I don't see everyone owning bitcoin, and even less so if it is being acquired more as a store of value than as a medium of exchange. There will be enough bitcoin for everyone who wants to acquire it, and at a pinch it could be further subdivided, as has already been pointed out, so there is no problem.
Mate2237
Hero Member
*****
Offline Offline

Activity: 714
Merit: 580


Eloncoin.org - Mars, here we come!


View Profile WWW
August 20, 2023, 02:48:34 PM
 #16

I don't think everyone in the world can have bitcoin since bitcoin operation is different from the fiat currencies. Bitcoin is a digital base currency and in some countries most in Africa illiteracy is very high so those people that cannot read and write can not use bitcoin but the awareness will be given to all but not all can use bitcoin because for them the uses of bitcoin will be too complicated.

Bitcoin evangelism is good but those who are illiterate can not be learn because they have not went to the four corners of formal education to learn read and write. And I don't think the limited number of bitcoin has anything to do with the world population. Satoshi Nakamoto knew all that before limiting it to that number. It is possible if the total number is utilized but everyone can not have it.









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
.
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
.
 ElonCoin.org 
.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"
▬▬▬▬▬
taufik123
Legendary
*
artcontest
Offline Offline

Activity: 2520
Merit: 1724


View Profile
August 20, 2023, 02:51:14 PM
 #17

-snip-
But as you said its not practically possible since most of the Bitcoins are already under the control of a small number of people. Well, its same for the all monetary system which is top 1% own 90% of assets of the world.
In addition to being under the control of a small number of people, some Bitcoins are also no longer accessible because the user has died and does not give access to anyone or those who have lost the seed phrase.

The number of Bitcoins that can no longer be done is certainly quite a lot, this will make Bitcoin even more scarce and circulation will not be full of 21 million.

But everyone can definitely have it, but of course, it will not be evenly distributed.
Remember that not everyone likes Bitcoin and many are also against Bitcoin.
The main reason is that Bitcoin is high-risk, high volatility which makes prices go up and down quickly.
salad daging
Hero Member
*****
Offline Offline

Activity: 1652
Merit: 798


Bitcoin To The Moon 📈📈📈


View Profile WWW
August 20, 2023, 03:15:57 PM
 #18

Of course it can, but it won't be equally owned it will probably be more below the fraction of bitcoin or satoshi.
Currently the circulation of bitcoin in the market is 19.4 million and if you want to see the circulation of bitcoin in the full market if not mistaken in 2140.

But everyone can definitely have it, but of course, it will not be evenly distributed.
Remember that not everyone likes Bitcoin and many are also against Bitcoin.
The main reason is that Bitcoin is high-risk, high volatility which makes prices go up and down quickly.
Yes, it's true, not everyone will like it, it will be pros and cons.
The same thing with gold, not everyone owns it but many believe in gold because of its stability.
Volatility cannot be eliminated in the bitcoin market, some people are still afraid of this.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
Cryptomultiplier
Full Member
***
Offline Offline

Activity: 770
Merit: 181


Eloncoin.org - Mars, here we come!


View Profile WWW
August 20, 2023, 03:21:55 PM
 #19

I doubt it is possible for everyone in the world to have BTC.
Firstly, it is a digital currency and am very certain most civilizations till date still lack in technology device that would enable them own BTC or cryptocurrency.
Secondly, it boils down to individual choice, and a person can decide not to own any.
Thirdly, even if there are those that have the technological device, they might not have the time or trust anyone broker to help them invest in it.
Furthermore, there are if not more than 8billion people on the planet with just 21million BTC in view, it doesn't even begin to add up as to how each person can own even a fraction of Satoshi.

blockman
Hero Member
*****
Offline Offline

Activity: 2912
Merit: 627


Vave.com - Crypto Casino


View Profile
August 20, 2023, 03:30:39 PM
 #20

First thing, we will never see the time Bitcoin finally hits the last supply of 21 millionth Bitcoin. You may be lucky to witness that approximately 100+ years from now on but mortality rate is increasing and that's why I am saying that we will never see that day.

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?
Yes, with the tiniest decimals that it can be for one to own it then it's very possible. And that's going to be more possible when the value or price of Bitcoin get higher, there will be more fractions that can be shared to everyone and not everyone is going to be on this investment so there's a lot to be shared for everybody.

Who is John Galt?
Sr. Member
****
Offline Offline

Activity: 322
Merit: 280



View Profile
August 20, 2023, 03:31:11 PM
 #21

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?

You have already been correctly told that the number of fractional parts of a bitcoin satoshi enough to theoretically have enough for all the inhabitants of our planet, at least in a small amount. But in fact, there are no insurmountable technical problems in dividing satoshi into even smaller fractions, and thus everyone may well have enough bitcoin. There are more problems with how useful it will be to use such small amounts, given the transaction fees that are necessary to pay the work of the miners.
Eternad
Hero Member
*****
Offline Offline

Activity: 1204
Merit: 596


When life gets hard BUY Bitcoin!


View Profile
August 20, 2023, 03:33:01 PM
 #22

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?

It's possible if we are just considering the supply since Bitcoin has a smaller unit called Satoshi and a Satoshi is Bitcoin too so if the quantity is just the issue that might be insufficient to the total population in the world then it's not a problem since there's tons of Satoshi on the 21Million supply of Bitcoin.

The problem is how the rest of the world will have Bitcoin. Even USD as use for global currencies is not well distributed to all the people. Bitcoin is more complicated since it needs internet in able to use it while some developing country still don't have this kind of technology.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
Crypt0Gore
Sr. Member
****
Offline Offline

Activity: 854
Merit: 266



View Profile
August 20, 2023, 03:44:39 PM
 #23

21 Million Bitcoin is 2,100,000,000,000,000 and current world population is 8,100,000,000, it's mean each person can own 259,259 Satoshi in order to be distributed to every people. Can someone who have a faucet account and claim 1 Satoshi can be said as owning Bitcoin? although it's not actually you have that Bitcoin because there's a minimum amount to withdraw and other thing.

Theoretically everyone in the world can have Bitcoin.
Wow, how can you be so sure that the world population is 8.1Billion? This is not accurate, the numbers of humans living on this earth is more than that, and no machine is capable of recording the exact number, there are loads of people that are living in the areas where there is no screening or counting for us to actually know their numbers, some are tribes that are not counted as part of the people living in the cities, because they are always in the jungle or the Amazon forest.

Every single person can't own Bitcoin, some will never be able to afford to buy It and some won't give a damn, even if it goes up to one million dollars they won't still care.

How many people are owning Gold today? I have never invested in Gold before and I don't care about having some Gold locked up in my basement because I don't see any reason why, it's not as if I will die because I don't have some Gold, it's the same with Bitcoin, it's not a do or die.

█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
█                             █
   ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄          █
            ▄▄████████▄▄     █
     ▄▄▄▄▄▄██████████████▄   █
          █████▀▀  ▀▀█████▄  █
          █████      ██████  █
          █████▄▄  ▄▄█████▀  █
     ▀▀▀▀▀▀██████████████▀   █
            ▀▀████████▀▀     █
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀          █
█                             █
█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█
|
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
SSC NAPOLI
OFFICIAL EUROPEAN
BETTING PARTNER
|.
ROLLBOTS
|
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██▀▀▀▀▀▀▀▀▀▀▀▀▀▀█████▄
▄█████████▀████████▀████▄
██████▄▄▄█████▄▄█████████
█████████████████████████
██████▀▀▀█████▀▀█████████
▀█████████▄████████▄████▀
▀██▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████▀
▀███████████████████▀
▀███████████████▀
▀▀███████▀▀
ROLLBIT COIN
TRADE RLB NOW!
|█▀▀▀











█▄▄▄
.
   PLAY NOW   
▀▀▀█











▄▄▄█
bittraffic
Hero Member
*****
Offline Offline

Activity: 2940
Merit: 612


#SWGT PRE-SALE IS LIVE


View Profile WWW
August 20, 2023, 04:03:55 PM
 #24


Despite the act that everyone could just have a fraction of BTC, not everyone has access to the internet obviously not all will have BTC. Regular people today with access to the internet don't even have BTC for they rely solely on fiat. With BTC so high in price, they will be discouraged to buy but will think tokens will also go up like BTC which it won't.

Even some crypto users especially the ones who are into airdrops, most of them might just have altcoins. 


.SWG.io.













..Pre-Sale is LIVE at $0.15..







..Buy Now..







``█████████████████▄▄
``````▄▄▄▄▄▄▄▄▄▄▄▄████▄
````````````````````▀██▄
```▀▀▀▀``▀▀▀▀▀▀▀▀▀▀▀▄███
``````▄▄▄▄▄▄▄▄▄▄▄▄``▄███
``▄▄▄▄▄▄▄```▄▄▄▄▄``▄███
``````````````````▄██▀
```````````████████████▄
````````````````````▀▀███
`````````▀▀▀▀▀▀▀▀▀▀▀▀▄████
```▄▄▄``▄▄▄▄▄▄▄▄▄▄`````███
`▄▄▄▄▄▄▄▄▄``▄▄▄▄▄▄`````███
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀████
```````````````````▄▄████
``▀▀▀▀▀``▀▀▀▀▀▀▀▀▀█████
██``███████████████▀▀

FIRST LISTING
..CONFIRMED..






Fiatless
Hero Member
*****
Offline Offline

Activity: 546
Merit: 530



View Profile
August 20, 2023, 04:21:31 PM
 #25

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?
There are more problems with how useful it will be to use such small amounts, given the transaction fees that are necessary to pay the work of the miners.
This is a valid point. Even if everyone own bitcoin in small amount, what is the purchasing power of the coin they own compared to how much they would pay for the transactions? Some units of bitcoin can afford to buy nothing in some countries. Until the price of bitcoin appreciates to the level where few sats have high value, we can not assume that it can be successfully owned by everyone on Earth. For now, Bitcoin is the currency of the rich because most of them care about privacy and freedom. A poor individual doesn't care about centralization or invasion of privacy.

Practically it's impossible to own Bitcoin by everyone because there are many barriers. If someone own few Satoshi it's still like owning Bitcoin. I don't think topic is useful and a matter of discussion but if would be better to discuss about maximizing Bitcoin adoption.
Why everyone can't have Bitcoin?
~snipped~
It might not be possible now but it could be achievable in the future. Most of these impediments you mentioned are valid but they are surmountable it will only take time. I know for now it is not visible, but if bitcoin becomes a globally acceptable currency, these impediments will be worked on by governments, organizations, and individuals. At this time people will be mandated to own it to engage in economic activities.

.
SPIN

       ▄▄▄██████████▄▄▄
     ▄███████████████████▄
   ▄██████████▀▀███████████▄
   ██████████    ███████████
 ▄██████████      ▀█████████▄
▄██████████        ▀█████████▄
█████████▀▀   ▄▄    ▀▀▀███████
█████████▄▄  ████▄▄███████████
███████▀  ▀▀███▀      ▀███████
▀█████▀          ▄█▄   ▀█████▀
 ▀███▀   ▄▄▄  ▄█████▄   ▀███▀
   ██████████████████▄▄▄███
   ▀██████████████████████▀
     ▀▀████████████████▀▀
        ▀▀▀█████████▀▀▀
.
RIUM
.
███
███
███
███
███
███
███
███
███
███
███
███
SAFE GAMES
WITH WITHDRAWALS
       ▄▀▀▀▀▀▀▄▄▄▄
 ▄▀▀▀▀▀▀▀▀▀▀▀▀▄  ▀▀▄
█    ▄         █   ▀▌
█   █ █        █    ▌
█      ▄█▄     █   ▐
█     ▄███▄    █   ▌
█    ███████   █  ▐
█    ▀▀ █ ▀▀   █  ▌
█     ▄███▄    █ ▐
█              █▐▌
█        █ █   █▌
 ▀▄▄▄▄▄▄▄▄█▄▄▄▀
       ▄▀▀▀▀▀▀▄▄▄▄
 ▄▀▀▀▀▀▀▀▀▀▀▀▀▄  ▀▀▄
█    ▄         █   ▀▌
█   █ █        █    ▌
█      ▄█▄     █   ▐
█     ▄███▄    █   ▌
█    ███████   █  ▐
█    ▀▀ █ ▀▀   █  ▌
█     ▄███▄    █ ▐
█              █▐▌
█        █ █   █▌
 ▀▄▄▄▄▄▄▄▄█▄▄▄▀
.
███
███
███
███
███
███
███
███
███
███
███
███
.
.SIGN UP.
yhiaali3
Legendary
*
Offline Offline

Activity: 1694
Merit: 1866


#SWGT CERTIK Audited


View Profile WWW
August 20, 2023, 04:29:37 PM
 #26

Theoretically, anyone in the world can own bitcoin, this is everyone's right, of course, but in practice there are many factors that affect the application of this matter realistically.

For example, there are many poor countries in the world that do not have electricity or the Internet, or that it exists, but it is very bad. People in these countries are very poor and do not find anything to eat, let alone own bitcoin.
Second: There are many people even in the developed world who have not heard of Bitcoin, and even if they hear about it, they do not believe in it and are afraid of owning it because they do not know the true value of Bitcoin and believe the lies of governments about Bitcoin.

So practically there are large enough amounts of bitcoin for all those who believe in privacy and decentralization and that bitcoin is a store of value.

virasog
Legendary
*
Offline Offline

Activity: 2982
Merit: 1161



View Profile
August 20, 2023, 04:38:41 PM
 #27

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?

For a moment think that all the government of the world have declared that they will make bitcoin legal and all the people in the world can so transaction in bitcoin and they encourage everyone to buy bitcoin as future there will be only bitcoin as a medium of exchange / currency.

In such an ideal condition, when you will see the demand for bitcoin will be record high, still everyone can have hold of bitcoin because you do not need the whole bitcoin, you can accumulate Satoshi's, the smallest unit of bitcoin. Let's suppose a single Satoshi is then worth one dollar, or 5 dollar or even 10 dollars but still the whole world can have Bitcoin/Satoshi with them depending on how much fiat money they have to buy bitcoins.

.
.DuelbitsSPORTS.
▄▄▄███████▄▄▄
▄▄█████████████████▄▄
▄██████████████████████▄
██████████████████████████
███████████████████████████
██████████████████████████████
██████████████████████████████
█████████████████████████████
███████████████████████████
█████████████████████████
▀████████████████████████
▀▀███████████████████
██████████████████████████████
██
██
██
██

██
██
██
██

██
██
██
████████▄▄▄▄██▄▄▄██
███▄█▀▄▄▀███▄█████
█████████████▀▀▀██
██▀ ▀██████████████████
███▄███████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
▀█████████████████████▀
▀▀███████████████▀▀
▀▀▀▀█▀▀▀▀
OFFICIAL EUROPEAN
BETTING PARTNER OF
ASTON VILLA FC
██
██
██
██

██
██
██
██

██
██
██
10%   CASHBACK   
          100%   MULTICHARGER   
Easteregg69
Sr. Member
****
Offline Offline

Activity: 1443
Merit: 264



View Profile
August 20, 2023, 04:45:05 PM
 #28

Censorship will be the next big enemy of the free world. You better stay duck!

Throw some "shit" and see what sticks.
Easteregg69
Sr. Member
****
Offline Offline

Activity: 1443
Merit: 264



View Profile
August 20, 2023, 04:45:55 PM
 #29

I know that the reason why we need to tell people about bitcoin is to spread the awareness of bitcoin,so that more people will adopt bitcoin so that it can be recognised and use by everyone just the way fiat is used. This will make bitcoin value to increase due to its volatile nature and the price is been controlled by demand and supply. Bitcoin is limited in number as we all know that we only have 21million bitcoin.

I have been wondering as a newbie with little knowledge on bitcoin that how is it possible for everyone in the world to own some fraction of bitcoin with the limited number just like the way everyone is using fiat.  Is it that these 21million bitcoin will be enought to serve the world with a total population of 8.1 billion because I know that we have whales who will buy a huge amount of bitcoin and just store it in their wallet without using it,just the way the rich men and politicians keep so much funds in their account or at home without spending it. I also notice that one country can't print the currency that the whole world is using but various countries printed their own currency. Another thing that I noticed so many investors prefer to holdli their bitcoin which might make it not sufficient for everyone.

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?


You see what power hungry bastards runs the scene and you know you get played.

Throw some "shit" and see what sticks.
Easteregg69
Sr. Member
****
Offline Offline

Activity: 1443
Merit: 264



View Profile
August 20, 2023, 04:46:56 PM
 #30

"Immutable" is about to be broken.

Throw some "shit" and see what sticks.
qwertyup23
Hero Member
*****
Offline Offline

Activity: 2240
Merit: 787



View Profile
August 20, 2023, 04:48:21 PM
 #31

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?


I mean, it is statistically possible but in order for this to happen, every person would own like a significantly small fraction of BTC (e.g. 0.000001 BTC) on their wallets which is not possible but definitely not feasible currently. In addition, lots of people lack the access to basic internet services which would render this plan impossible for the time being.

Even if there is a limited supply of BTC, this does not stop anyone from owning it. With forks happening (last fork happened 2017), the denomination of BTC being rewarded to miners gets smaller and smaller, which makes BTC more expensive as time passes by. This is also the reason on why it is heavily recommended for users to at least store some BTC for long-term to take advantage of this system.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
m2017
Legendary
*
Offline Offline

Activity: 1806
Merit: 1307


keep walking, Johnnie


View Profile
August 20, 2023, 05:04:29 PM
 #32

You yourself answered your question. There are a limited number of bitcoins (21 million), and there are only 8.1 billion people on the planet. This is simple math: btc is probably not enough for everyone. Moreover, part of bitcoin is irretrievably lost, and the other part is in storage with whales, which, in fact, makes not 21 million, but less, available to everyone. But part of bitcoin will be available to many, considering that BTC can be split up to sat.

In fact, the material world has limited resources and there have never been enough resources for everyone. All there is a certain deficit in some segments of the population. Based on this, then bitcoin is also limited in number and, therefore, no matter what you do, this digital resource will not be enough for everyone (a whole 1 BTC). Therefore, while there is an opportunity, need to get it, otherwise, when bitcoin is concentrated in the other hands, it will be much more difficult to acquire (with a limited sale of btc, sellers will overestimate the price tag).

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
Ale88
Legendary
*
Offline Offline

Activity: 2380
Merit: 2382



View Profile
August 20, 2023, 06:14:34 PM
 #33

21 Million Bitcoin is 2,100,000,000,000,000 and current world population is 8,100,000,000, it's mean each person can own 259,259 Satoshi in order to be distributed to every people. Can someone who have a faucet account and claim 1 Satoshi can be said as owning Bitcoin? although it's not actually you have that Bitcoin because there's a minimum amount to withdraw and other thing.

Theoretically everyone in the world can have Bitcoin.
I would say that even if you own a few satoshi you can still say you own bitcoin because satoshis are part of bitcoin. Technically satoshis are not even a real thing, they've been called like that to pay homage to Satoshi, but Satoshi himself never used that term, for him there were only fractions of bitcoin, that why I'm saying 0.001 bitcoin is still bitcoin for me.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
WatChe
Hero Member
*****
Offline Offline

Activity: 910
Merit: 543


View Profile WWW
August 20, 2023, 06:25:59 PM
 #34

So the question posed by OP has already been answered in detail by many experts on this thread.
I was just thinking what price of bitcoin or Satoshi will be if everyone in the world is after bitcoin like there is demand for USD these days globally. Right now there is very controlled demand of bitcoin and still price is 26k$. The price of bitcoin will be very high if we have such situation.
Asiska02
Hero Member
*****
Offline Offline

Activity: 812
Merit: 675



View Profile WWW
August 20, 2023, 07:01:03 PM
Merited by The Sceptical Chymist (2)
 #35

I have been wondering as a newbie with little knowledge on bitcoin that how is it possible for everyone in the world to own some fraction of bitcoin with the limited number just like the way everyone is using fiat.  Is it that these 21million bitcoin will be enought to serve the world with a total population of 8.1 billion because I know that we have whales who will buy a huge amount of bitcoin and just store it in their wallet without using it,

Bitcoin is not designed to be owned by everyone in the world. They are limited in supply but that doesn’t mean it will not go round the 8.1 billion population in the world if everyone decides to own a fraction of it. mBTC exists, which are smaller amount of BTC just like we have cents to dollars. If you own a 0.00000001 amount of BTC and can be amounted to a price, I think you’re already a owner of BTC in your possession.

The answer to this question is of course No because older people don't know how to buy and sell Bitcoin they don't know what is crypto so this is impossible, also some people think that crypto is haram but in real crypto is halal. that are 2 big reasons and some are too much poor so they cant buy BTC.

Bitcoin is not limited to younger people only, even the older ones can own BTC and we’ve had of cases of such before. What matters the most is that they understand what bitcoin entails and how it functions, paying concern to their privacy and security of coin. I feel when they’re able to have total control of this, there age doesn’t matter anymore in owning Bitcoin. And I can’t imagine how poor someone can be that they can’t afford even a dollar worth of BTC if they really want to.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
The Cryptovator
Legendary
*
Offline Offline

Activity: 2240
Merit: 2174


Need PR/CMC & CG? TG @The_Cryptovator


View Profile WWW
August 20, 2023, 07:16:23 PM
 #36

While not everyone worldwide can possess a whole Bitcoin, they can acquire smaller units known as Satoshis. Naturally, if everyone begins purchasing Bitcoin, its price will surge. Acquiring Bitcoin is only hindered by financial capacity. Nevertheless, there are individuals who oppose Bitcoin and won't invest in it. Additionally, managing Bitcoin requires literacy, and many people globally are still illiterate. Hence, even though it's theoretically possible for the entire global population to obtain it, I doubt it would materialize.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
Stalker22
Legendary
*
Offline Offline

Activity: 1498
Merit: 1358



View Profile
August 20, 2023, 07:21:35 PM
 #37

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?

Nope, not everyone in the world can have one whole bitcoin, I think that is clear. But that does not mean they cannot have fractions of bitcoin. And according to some statistics, millions of people already have. Can everyone in the world own a ton of gold? Clearly not. Similarly, bitcoin will be a very valuable asset, but it will also likely remain somewhat exclusive due to its limited supply, just like gold.

█████████████████████████
██
█████▀▀███████▀▀███████
█████▀░░▄███████▄░░▀█████
██▀░░██████▀░▀████░░▀██
██▀░░▀▀▀████████████░░▀██
██░░█▄████▀▀███▀█████░░██
██░░███▄▄███████▀▀███░░██
██░░█████████████████░░██
██▄░░████▄▄██████▄▄█░░▄██
██▄░░██████▄░░████░░▄██
█████▄░░▀███▌░░▐▀░░▄█████
███████▄▄███████▄▄███████
█████████████████████████
.
.ROOBET 2.0..██████.IIIIIFASTER & SLEEKER.██████.
|

█▄█
▀█▀
████▄▄██████▄▄████
█▄███▀█░░█████░░█▀███▄█
▀█▄▄░▐█████████▌▄▄█▀
██▄▄█████████▄▄████▌
██████▄▄████████
█▀▀████████████████
██████
█████████████
██
█▀▀██████████████
▀▀▀███████████▀▀▀▀
|.
    PLAY NOW    
armanda90
Hero Member
*****
Offline Offline

Activity: 994
Merit: 554



View Profile
August 20, 2023, 08:51:09 PM
 #38

Why not every one in the world get chance have bitcoin, during exchange market still available open buy and sell order all people around the world get chance to invest and hold bitcoin in their wallet. Bitcoin is valuable assets and many people every day trading between sell or buy Bitcoin, there are impossible can't have bitcoin if market trading still opening for buying and selling bitcoin. Trough have supply and demand bitcoin keep exist and people get chance to invest in Bitcoin, actually bas on market volume transaction, Bitcoin lead as top standings position and impossible we don't have chance to get bitcoin. Depend with your money in pocket, if have much money get bigger chance for having bitcoin but if small money will get small bitcoin in our wallet.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
Stable090
Sr. Member
****
Offline Offline

Activity: 630
Merit: 423



View Profile WWW
August 20, 2023, 09:18:54 PM
 #39

And I can’t imagine how poor someone can be that they can’t afford even a dollar worth of BTC if they really want to.
This is a matter of interest, there is no way we can say someone must have bitcoin, even if it’s a small amount, but are they interested in accumulating bitcoin? However, you have already said it all until someone wants to. You know, there are people who also want to accumulate this bitcoin and have much interest in it, but due to capital and other reasons out there, there is not much opportunism to acquire it. You know, there are things that we really need, but look at your financial situation first before buying something. If you buy it, you may sell it at the end without getting what you want from it; there is no need to border yourself to get such a thing.

For bitcoin, someone may want to buy it but may not be ready to take the risk involved in the investment. You can see how the market is going these days, and the way the market has behaved recently will even make it worse to remove someone's interest in the currency.

███████████████████████████████▀▀▀▀
███████████████████████████████
█████████▀▀▀▀▀█▀█▀▀▀▀▀█████████
███▄▀▀▀   ▄▄▄▄   ▄▄▄▄   ▀▀▀▄███
███████▀▀▀████▌ ▐████▀▀▀███████
█████▀███▀█▀██▌ ▐██▀█▀███▀█████
███████▀▄▀▄███▌ ▐███▄▀▄▀███████
█████▄██▄██▄██   ██▄██▄██▄█████
███████▄▄▄████   ████▄▄▄███████
██████████▀▀▀▀   ▀▀▀▀██████████
██████████▄▄▄▄▄▄▄▄▄▄▄██████████
███████████████████████████████
███████████████████████████████▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
TRUST DICE
.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
█▀▀▀











█▄▄▄
#1 RATED CRYPTO
CASINO IN THE WORLD
██ ██ ██ ██ █Trustpilot
▀▀▀█











▄▄▄█
▄█████████████████████████████
██████████████████▀▀█████▀▀████
█████████████████▀█████████▀███
██████████████████████████████
███████████████████████████▄███
█████████████████████████▄▄████
███████████████████████████████
█████████████░░░███████████████
███████████░░░█████████████████
█████████░░████████████████████
█████░░░██████████████████████
███░░█████████████████████████
▀░░░█████████████████████████▀
█▀▀▀











█▄▄▄
▀▀▀█











▄▄▄█
nakamura12
Hero Member
*****
Offline Offline

Activity: 2268
Merit: 669


Bitcoin Casino Est. 2013


View Profile
August 20, 2023, 09:24:49 PM
 #40

Everyone in the world can have Bitcoin even though some of the Bitcoin is lost but if you divided the total amount of BTC then what Jawhead explained is what you get but some governments don't want people to own that's why some banned the Bitcoin while some made it legal like El Salvador. My real answer would be both because they could have Bitcoin and it is also not possible as I have explained like the government banned the use of BTC.

███▄▀██▄▄
░░▄████▄▀████ ▄▄▄
░░████▄▄▄▄░░█▀▀
███ ██████▄▄▀█▌
░▄░░███▀████
░▐█░░███░██▄▄
░░▄▀░████▄▄▄▀█
░█░▄███▀████ ▐█
▀▄▄███▀▄██▄
░░▄██▌░░██▀
░▐█▀████ ▀██
░░█▌██████ ▀▀██▄
░░▀███
▄▄██▀▄███
▄▄▄████▀▄████▄░░
▀▀█░░▄▄▄▄████░░
▐█▀▄▄█████████
████▀███░░▄░
▄▄██░███░░█▌░
█▀▄▄▄████░▀▄░░
█▌████▀███▄░█░
▄██▄▀███▄▄▀
▀██░░▐██▄░░
██▀████▀█▌░
▄██▀▀██████▐█░░
███▀░░
lalabotax
Full Member
***
Offline Offline

Activity: 1526
Merit: 132


BK8 - Most Trusted Gambling Platform


View Profile
August 20, 2023, 09:28:48 PM
 #41

If it is possible, then who is going to regulate that everyone in the world owns Bitcoins? When it comes to numbers too, Bitcoin is limited. Maybe it can be with a nominal value of only a few cents. But the question is is it worth it? And does that mean Bitcoin will still be that sevaluable and special? I do not think so. This will become a normal thing which is then easy to forget later if it's like this or becomes a very ordinary thing.

famososMuertos
Legendary
*
Offline Offline

Activity: 1736
Merit: 2752


LE ☮︎ Halving es la purga


View Profile WWW
August 20, 2023, 09:46:43 PM
 #42

First of all, the usual thing is not to encourage anyone to use bitcoin, today it is a decision that is reached of their own free will.

 The answer is simple, 1 BTC = 100,000,000 Satoshi.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀

Sr. Member
jeraldskie11
Sr. Member
****
Offline Offline

Activity: 1260
Merit: 356



View Profile
August 20, 2023, 10:04:42 PM
 #43

First of all, the usual thing is not to encourage anyone to use bitcoin, today it is a decision that is reached of their own free will.

 The answer is simple, 1 BTC = 100,000,000 Satoshi.

Someone may discourage people from using Bitcoin. It's because they recognize Bitcoin as a risky investment. So, if I'm in that position, I'll encourage people to use Bitcoin in their daily lives. Because I believe in Bitcoin, I see very little risk in it. If you bought Bitcoin today and the price has dropped below your purchase price, don't sell it. To avoid losses, always sell your Bitcoin at a price higher than your purchase price. However, the risk of Bitcoin varies with the price, and today's pricing is risk-free and an excellent moment to invest.

▄▄███████████████████▄▄
▄██████████████████████▄
███████████▀▌▄▀██████████
███████▄▄███████▄▄███████
██████▄███▀▀██▀██████████
█████████▌█████████▌█████
█████████▌█████████▌█████
██████████▄███▄███▀██████
████████████████▀▀███████
███████████▀▀▀███████████
█████████████████████████
▀█████▀▀████████████████▀
▀▀███████████████████▀▀
Peach
BTC bitcoin
Buy and Sell
Bitcoin P2P
.
.
▄▄███████▄▄
▄████████
██████▄
▄██
█████████████████▄
▄███████
██████████████▄
███████████████████████
█████████████████████████
████████████████████████
█████████████████████████
▀███████████████████████▀
▀█████████████████████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀

▀▀▀▀███▀▀▀▀
Available in
EUROPE | AFRICA
LATIN AMERICA
▄▀▀▀











▀▄▄▄


███████▄█
███████▀
██▄▄▄▄▄░▄▄▄▄▄
████████████▀
▐███████████▌
▐███████████▌
████████████▄
██████████████
███▀███▀▀███▀
.
Download on the
App Store
▀▀▀▄











▄▄▄▀
▄▀▀▀











▀▄▄▄


▄██▄
██████▄
█████████▄
████████████▄
███████████████
████████████▀
█████████▀
██████▀
▀██▀
.
GET IT ON
Google Play
▀▀▀▄











▄▄▄▀
anjiitem
Sr. Member
****
Offline Offline

Activity: 784
Merit: 250


Vave.com - Crypto Casino


View Profile
August 20, 2023, 10:05:56 PM
 #44

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?
I think Bitcoin is just like Gold because it is a finite and rare resource and not everyone will have something that is valuable and has high value. There have been many calculations given and it is possible that if it is shared with everyone then it is possible. But this is more complex depending on the conditions of each individual.
We know that there are many factors that will influence someone not to be able to own Bitcoin like having Gold. Some of these factors, such as financial inability, ignorance about the science of getting Bitcoin, internet network limitations and someone's disinterest will affect it. Even food and drinks which includes basic needs for life cannot be distributed or cannot be owned equally by everyone in the world, right?.

Franctoshi
Hero Member
*****
Offline Offline

Activity: 798
Merit: 546



View Profile
August 20, 2023, 11:20:22 PM
 #45

I know that the reason why we need to tell people about bitcoin is to spread the awareness of bitcoin,so that more people will adopt bitcoin so that it can be recognised and use by everyone just the way fiat is used. This will make bitcoin value to increase due to its volatile nature and the price is been controlled by demand and supply. Bitcoin is limited in number as we all know that we only have 21million bitcoin.

I have been wondering as a newbie with little knowledge on bitcoin that how is it possible for everyone in the world to own some fraction of bitcoin with the limited number just like the way everyone is using fiat.  Is it that these 21million bitcoin will be enought to serve the world with a total population of 8.1 billion because I know that we have whales who will buy a huge amount of bitcoin and just store it in their wallet without using it,just the way the rich men and politicians keep so much funds in their account or at home without spending it. I also notice that one country can't print the currency that the whole world is using but various countries printed their own currency. Another thing that I noticed so many investors prefer to holdli their bitcoin which might make it not sufficient for everyone.

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin?

Though Bitcoin is there for everyone that wants to buy or own a fraction of Bitcoin, but the reality is that there is no way everyone out there will own Bitcoin, it is practically impossible so far there is still the existence of fiat currencies, and there is going to be this set of dumb people that will not just want to use or own It.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
AmoreJaz
Legendary
*
Offline Offline

Activity: 3094
Merit: 1102


Leading Crypto Sports Betting & Casino Platform


View Profile
August 20, 2023, 11:26:13 PM
Last edit: August 20, 2023, 11:37:52 PM by AmoreJaz
 #46

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?
I think Bitcoin is just like Gold because it is a finite and rare resource and not everyone will have something that is valuable and has high value. There have been many calculations given and it is possible that if it is shared with everyone then it is possible. But this is more complex depending on the conditions of each individual.
We know that there are many factors that will influence someone not to be able to own Bitcoin like having Gold. Some of these factors, such as financial inability, ignorance about the science of getting Bitcoin, internet network limitations and someone's disinterest will affect it. Even food and drinks which includes basic needs for life cannot be distributed or cannot be owned equally by everyone in the world, right?.

it is possible, however, not everyone is interested to own satoshis. just look at the percentage of population who are into crypto. and you will understand that some people are just happy to stay with traditional investments and payment methods.
and for those who understand the potential of this currency, they will buy and hold more. we should not force anyone to go into this market, because they will just get disappointed or spread negative things if their expectations are not met.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
usekevin
Hero Member
*****
Offline Offline

Activity: 2212
Merit: 558

Highly Trusted|Most efficient Manager| yahoo62278


View Profile
August 20, 2023, 11:35:57 PM
Last edit: August 21, 2023, 12:55:50 AM by usekevin
 #47

If it is possible, then who is going to regulate that everyone in the world owns Bitcoins? When it comes to numbers too, Bitcoin is limited. Maybe it can be with a nominal value of only a few cents. But the question is is it worth it? And does that mean Bitcoin will still be that sevaluable and special? I do not think so. This will become a normal thing which is then easy to forget later if it's like this or becomes a very ordinary thing.

The bitcoin is regulated in many countries and it had legalised by the government.After the legalisation the government had made taxes for the bitcoin user and traders.The bitcoin was now contributing the economy of many countries and many new people start to inverse in the bitcoin now for their future.Many young people get into bitcoin for now because of the future easy profit from bitcoin trading.Only few people long holding the bitcoins mostly people sell with minimum profits.
romero121
Legendary
*
Offline Offline

Activity: 3164
Merit: 1213


View Profile
August 20, 2023, 11:42:06 PM
 #48

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?
I think Bitcoin is just like Gold because it is a finite and rare resource and not everyone will have something that is valuable and has high value. There have been many calculations given and it is possible that if it is shared with everyone then it is possible. But this is more complex depending on the conditions of each individual.
We know that there are many factors that will influence someone not to be able to own Bitcoin like having Gold. Some of these factors, such as financial inability, ignorance about the science of getting Bitcoin, internet network limitations and someone's disinterest will affect it. Even food and drinks which includes basic needs for life cannot be distributed or cannot be owned equally by everyone in the world, right?.

it is possible, however, not everyone is interested to own satoshis. just look at the percentage of population who are into crypto. and you will understand that some people are just happy to stay with traditional investments and payment methods.
and for those who understand the potential of this currency, they will buy and hold more. we should not force anyone to go into this market, because they will just get disappointed or spread negative things if their expectations are not met.
With time the number of people using bitcoin and cryptocurrency keeps increasing. This is real growth and countries that made complete ban on cryptocurrency usage were now regulating the usage. Through some means bitcoin is making some contribution to the economy. This could cause bitcoin to be used by majority of the population in the future. However we can't be sure on it. If it is all about the possible chances of everyone holding bitcoin, it is possible. The lowest denominations available with calculation to the number of bitcoin supply can be easily distributed.
TelolettOm
Hero Member
*****
Offline Offline

Activity: 2058
Merit: 550


Leading Crypto Sports Betting & Casino Platform


View Profile
August 20, 2023, 11:42:22 PM
 #49

I know that the reason why we need to tell people about bitcoin is to spread the awareness of bitcoin,so that more people will adopt bitcoin so that it can be recognised and use by everyone just the way fiat is used.
The problem that not all people can own Bitcoin legally because some countries in the world ban Bitcoin. Although the people in that countries have the ability to own Bitcoin, they own it illegally and they will face many limitations to use it. So, even if many people can help to spread the awareness to the people around the world, the regulation prohibiting Bitcoin in several countries still become the big obstacle. In this matter, it is impossible for each person in the world to own Bitcoin legally. No one wants to get caught for an illegal activity.

Is it that these 21million bitcoin will be enought to serve the world with a total population of 8.1 billion because I know that we have whales who will buy a huge amount of bitcoin and just store it in their wallet without using it,just the way the rich men and politicians keep so much funds in their account or at home without spending it.
You must understand that buying Bitcoin doesn't mean buying 1 BTC, we can buy 0,xxxx of Bitcoin. So, even if there are whales to collect Bitcoin and just keep it on their wallets, there are still enough Bitcoin to buy by people. The whales activity that never spending the Bitcoin, triggers the Bitcoin price to have a more expensive value. It is because the total circulating supply is getting smaller. So, I think it doesn't harm the future of Bitcoin, it even supports Bitcoin to constantly growing its price.


..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Smartvirus
Legendary
*
Offline Offline

Activity: 1428
Merit: 1110



View Profile
August 20, 2023, 11:46:36 PM
 #50

Everyone in the world owning bitcoin is something that ain’t going to happen or just can’t be and this goes beyond not having enough bitcoin to circulate with the populace of the world but, it’s more like, the systems for which bitcoin needs to operate.

Let’s not forget, it’s a system that functions on an electronic device and even with the availability of the various networks or services to operate this and devices, the physical default such as the blind are always going to be left out. Those without the ability to safe guide there private keys themselves would only have to do it with a third party and with that being the case, not your keys not your coins still applies
This makes bitcoin not a suitable currency for every person.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
serjent05
Legendary
*
Offline Offline

Activity: 2842
Merit: 1255


Cashback 15%


View Profile
August 20, 2023, 11:51:21 PM
 #51

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?


Even if the number of Bitcoin is unlimited, there is little chance that everyone in the world will be holding Bitcoin.  One reason is the preference and interest of the person.  Another one is the limited access to the technology.  Being Bitcoin illiterate and having no money to buy BTC.  Having difficulty accessing and being hired by the company paying in BTC.  The government restrictions and bans on Bitcoin also contribute to those hurdles.

There are lots of things that restrict people from buying or holding Bitcoin so I believe that there is very little chance for everyone in the world to have Bitcoin.  Oh btw, babies have no ability to transact and operate devices in order to receive or spend Bitcoin.

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
Asuspawer09
Sr. Member
****
Online Online

Activity: 1652
Merit: 426


Cashback 15%


View Profile
August 20, 2023, 11:56:54 PM
 #52

I know that the reason why we need to tell people about bitcoin is to spread the awareness of bitcoin,so that more people will adopt bitcoin so that it can be recognised and use by everyone just the way fiat is used. This will make bitcoin value to increase due to its volatile nature and the price is been controlled by demand and supply. Bitcoin is limited in number as we all know that we only have 21million bitcoin.

I have been wondering as a newbie with little knowledge on bitcoin that how is it possible for everyone in the world to own some fraction of bitcoin with the limited number just like the way everyone is using fiat.  Is it that these 21million bitcoin will be enought to serve the world with a total population of 8.1 billion because I know that we have whales who will buy a huge amount of bitcoin and just store it in their wallet without using it,just the way the rich men and politicians keep so much funds in their account or at home without spending it. I also notice that one country can't print the currency that the whole world is using but various countries printed their own currency. Another thing that I noticed so many investors prefer to holdli their bitcoin which might make it not sufficient for everyone.

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?


Probably not everyone is going to own Bitcoin in the end because for sure the market price is just gonna continue to skyrocket that just make Bitcoin difficult to buy, But for sure Bitcoin is for anyone and anyone can own Bitcoin, as little Bitcoin as they wanted they can own it maybe each individual can own 0.0000001 so its still possible, the only question is what going to be the market price of Bitcoin since the main goal is to accumulate Bitcoin because we know that in the future Bitcoin is going to be difficult to accure so its better to accumulate now while the market price is still manageable.

It's just how the nature of Bitcoin is there are only going to be 21 million Bitcoin that are going to exist so obviously it is just limited, plus there are some people who own more than one Bitcoin in their wallet, if demand continues to increase market price is just gonna skyrocket.

.
HUGE
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
GreatArkansas
Legendary
*
Offline Offline

Activity: 2310
Merit: 1345


Buy/Sell crypto at BestChange


View Profile WWW
August 21, 2023, 12:10:15 AM
 #53

(.......)
My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?
For me yes, it's possible.
But let's accept the fact that Bitcoin is not for everyone or other people don't want to use Bitcoin just like they don't need it or they can't use it in their life.

I am just glad about how the Bitcoin can be divisible which means you can own a small amount of Bitcoin, not necessarily whole. 1 bitcoin.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
rikybrosh
Full Member
***
Offline Offline

Activity: 478
Merit: 100



View Profile
August 21, 2023, 12:28:38 AM
 #54

I think it is still possible if the main point is the amount of bitcoin. maybe in the future even 1 satoshi will equal to $1, who know?. but unfortunately there are some tribes in some country which actualy refuse advance technology. even some of them refuse to use electricity or electronic stuff, also some tribes even don't wear clothes.

xSkylarx
Hero Member
*****
Offline Offline

Activity: 2352
Merit: 593


View Profile WWW
August 21, 2023, 12:34:45 AM
 #55

Yes, we can, but only in small value because Bitcoin has a 21 million supply and the total population of the world is roughly 9 billion, so having 1 bitcoin per person is not enough, so we need to have less value on it so that all people can have it, but again, this is not possible because, first, there are still areas that have no internet and mostly don't know about Bitcoin, and second, the count included those new-born babies, which we know they still can't have it.
fuguebtc
Hero Member
*****
Offline Offline

Activity: 1764
Merit: 526


Leading Crypto Sports Betting & Casino Platform


View Profile
August 21, 2023, 03:03:17 AM
 #56

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?
I think Bitcoin is just like Gold because it is a finite and rare resource and not everyone will have something that is valuable and has high value. There have been many calculations given and it is possible that if it is shared with everyone then it is possible. But this is more complex depending on the conditions of each individual.
We know that there are many factors that will influence someone not to be able to own Bitcoin like having Gold. Some of these factors, such as financial inability, ignorance about the science of getting Bitcoin, internet network limitations and someone's disinterest will affect it. Even food and drinks which includes basic needs for life cannot be distributed or cannot be owned equally by everyone in the world, right?.


Yup, think of bitcoin as gold, if people can afford to buy gold they can also own bitcoin, otherwise vice versa. Bitcoin is not free and is a high value asset so I think not everyone can own it, owning it or not is up to them, not bitcoin. No matter how scarce Bitcoin is, as long as we have money, we will own it, if we don't have money, never think about it. Bitcoin is money and no one gives us free money. But it will be easier to own bitcoin now in the future, its value is still very low so take the opportunity to own it now.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Bitcoin_people
Sr. Member
****
Offline Offline

Activity: 504
Merit: 320


Bitcoin Halving Year 🎗️🎭


View Profile WWW
August 21, 2023, 04:00:16 AM
 #57

The more people you tell them about Bitcoin, the more they will know about Bitcoin. As we know bitcoin is basically created for everyone everyone can use one all types of transactions can be completed with bitcoin. But it is also true that bitcoin is not for everyone especially those who don't believe in virtual currency will never invest in bitcoin but vice versa. Also those who don't have little money but want to invest in bitcoins can't do it due to bad financial condition, not bitcoins for them. This Bitcoin will make the biggest contribution to change the world and all the wise expect the biggest contribution of Bitcoin in the future we will see.  If you are investing in Bitcoin you must understand the market position and understand the volatility and know that the Bitcoin price is influenced by supply and demand. But if you believe in Bitcoin so much that you will invest and hold Bitcoin in the future then it is your positive thinking that it must be good. So you need to know more details about Bitcoin for the purpose of Bitcoin investment so that you can profit from Bitcoin investment in future.

.
Duelbits
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
///  PLAY FOR FREE  ///
WIN FOR REAL
█████
██
██
██
██
██
██
██
██
██
██
██
█████
██████████████████████████████████████████████████████
.
PLAY NOW
.
██████████████████████████████████████████████████████
█████
██
██
██
██
██
██
██
██
██
██
██
█████
Stella Mese
Member
**
Offline Offline

Activity: 392
Merit: 31


View Profile
August 21, 2023, 04:05:01 AM
 #58

bitcoin is indeed in limited supply, namely only 21000000 and of course now for those who are interested it is time to buy and own bitcoin because btc has the potential to experience price increases in the future because bitcoin supply is limited.

In my opinion, everyone in the world, of course, has the potential to be able to get bitcoin even though the supply of btc is limited because btc can be broken into very small parts.
Litzki1990
Sr. Member
****
Online Online

Activity: 1204
Merit: 296



View Profile WWW
August 21, 2023, 04:07:27 AM
 #59

So the question posed by OP has already been answered in detail by many experts on this thread.
I was just thinking what price of bitcoin or Satoshi will be if everyone in the world is after bitcoin like there is demand for USD these days globally. Right now there is very controlled demand of bitcoin and still price is 26k$. The price of bitcoin will be very high if we have such situation.
We always experience volatility in the Bitcoin market so the market can go anywhere. When the volume of buying bitcoins increases compared to the sales, the price of bitcoins increases and when the volume of sales increases compared to the buying of bitcoins, the price of bitcoins generally decreases. Bitcoin price is now at $26K from $30K a few days ago mainly because Space X sold a lot which caused the market to go down a bit due to the huge amount of Bitcoin sales. If the amount of investment in Bitcoin increases again at this moment, then the Bitcoin market will go back to a good position.

.
Duelbits
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
///  PLAY FOR FREE  ///
WIN FOR REAL
█████
██
██
██
██
██
██
██
██
██
██
██
█████
██████████████████████████████████████████████████████
.
PLAY NOW
.
██████████████████████████████████████████████████████
█████
██
██
██
██
██
██
██
██
██
██
██
█████
Bazzu
Member
**
Offline Offline

Activity: 476
Merit: 60


View Profile
August 21, 2023, 04:26:49 AM
 #60

I think your op better take a look at reality now, for sure you can see other people buying small amounts of btc on exchanges. and you can see so many people buy btc with less than 1 btc or less than 0'5 btc and even many people buy btc with smaller amount, and that means that btc can be owned by everyone, even people from all over the world, of course, can have btc because btc can be divided into small parts.

███ TWITTER █████████████████ Liang ████████████████████ WHITEPAPER ███
███ ANN ██████ https://liang.community/ █████ FACEBOOK PAGE ███
███ TELEGRAM █████████████████ AMM ███████████████████ MEDIUM ███
spiker777
Sr. Member
****
Offline Offline

Activity: 997
Merit: 279


#SWGT CERTIK Audited


View Profile WWW
August 21, 2023, 04:43:24 AM
 #61

I know that the reason why we need to tell people about bitcoin is to spread the awareness of bitcoin,so that more people will adopt bitcoin so that it can be recognised and use by everyone just the way fiat is used. This will make bitcoin value to increase due to its volatile nature and the price is been controlled by demand and supply. Bitcoin is limited in number as we all know that we only have 21million bitcoin.

I have been wondering as a newbie with little knowledge on bitcoin that how is it possible for everyone in the world to own some fraction of bitcoin with the limited number just like the way everyone is using fiat.  Is it that these 21million bitcoin will be enought to serve the world with a total population of 8.1 billion because I know that we have whales who will buy a huge amount of bitcoin and just store it in their wallet without using it,just the way the rich men and politicians keep so much funds in their account or at home without spending it. I also notice that one country can't print the currency that the whole world is using but various countries printed their own currency. Another thing that I noticed so many investors prefer to holdli their bitcoin which might make it not sufficient for everyone.

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?

To answer your question in simple words. yes it is possible. just Divide 21 Million Bitcoins to 8 Billion world population. you will know how much of fraction of bitcoin each person living on the earth can have.

but the thing is lots of bitcoin are being held by a small percentage of people and then a lot of bitcoin has been lost all those years. the actually supply would be a lot less than 21 million Bitcoins.
but still everyone can buy and have Bitcoins as long as they want.

YUriy1991
Full Member
***
Offline Offline

Activity: 910
Merit: 220


#SWGT PRE-SALE IS LIVE


View Profile
August 21, 2023, 05:21:04 AM
 #62


My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?


My Opinion. Bitcoin has a limited supply but, it does not limit the desire of every individual who wants to own it and one more thing
The deflation is caused by a limited supply of money benefiting communities, individuals, and even governments and the value of BTC floats based on supply and demand and one more thing, why many people want to switch to the Digital Investment era, one of which is BTC.

Yes. Bitcoin as a digital currency removes the need for third parties such as bank servers, and makes it decentralized. Nothing controls the movement of money in this way and eliminates the feeling of lack of trust when it comes to transactions.

SWG.ioPre-Sale is LIVE at $0.15
║〘 Available On BINANCE 〙•〘 FIRST LISTING CONFIRMED 〙•〘 ✅ Certik Audited 〙║
╙ ›››››››››››››››››››››››››››››› BUY NOW ‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹ ╜
Kakmakr
Legendary
*
Offline Offline

Activity: 3444
Merit: 1957

Leading Crypto Sports Betting & Casino Platform


View Profile
August 21, 2023, 05:32:26 AM
 #63

We are lucky that Satoshi Nakamoto made each bitcoin to be divisible into 100,000,000 satoshis. So, we should not worry that there will not be enough for everyone to use. Yes, there are whales that are buying loads of bitcoins, but when the price are high enough... they will start selling them and people without Bitcoin, will be able to buy some.

The rarity of Bitcoin is more or less the same as Gold and other precious minerals and gems... there are only a limited supply. The thing is, we know exactly how many bitcoins will be available in the future...  Wink

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Uruhara
Hero Member
*****
Offline Offline

Activity: 602
Merit: 597



View Profile
August 21, 2023, 06:47:06 AM
 #64

I know that the reason why we need to tell people about bitcoin is to spread the awareness of bitcoin,so that more people will adopt bitcoin so that it can be recognised and use by everyone just the way fiat is used. This will make bitcoin value to increase due to its volatile nature and the price is been controlled by demand and supply. Bitcoin is limited in number as we all know that we only have 21million bitcoin.

I have been wondering as a newbie with little knowledge on bitcoin that how is it possible for everyone in the world to own some fraction of bitcoin with the limited number just like the way everyone is using fiat.  Is it that these 21million bitcoin will be enought to serve the world with a total population of 8.1 billion because I know that we have whales who will buy a huge amount of bitcoin and just store it in their wallet without using it,just the way the rich men and politicians keep so much funds in their account or at home without spending it. I also notice that one country can't print the currency that the whole world is using but various countries printed their own currency. Another thing that I noticed so many investors prefer to holdli their bitcoin which might make it not sufficient for everyone.

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?

The more people who hold bitcoins in their wallets, the rarer the bitcoins circulating and being traded on the market. So the market demand will be higher when bitcoins are getting scarcer. Well this leads to a much higher price increase. And I think everyone will still be able to own bitcoins even if many whales hold them without selling them. Because in the end the whales will also sell the bitcoin they have when the price demand on the market is enough to make them satisfied to decide to sell. remember 1 bitcoin = 100 Million Satoshi. And imagine if one day 1 satoshi is very expensive. meaning it only takes 81 bitcoins to make everyone have at least 1 satoshi.if the population of people is correct 8.1 billion people.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
Jawhead999
Legendary
*
Offline Offline

Activity: 1652
Merit: 1158



View Profile
August 21, 2023, 08:03:11 AM
 #65

Wow, how can you be so sure that the world population is 8.1Billion? This is not accurate, the numbers of humans living on this earth is more than that, and no machine is capable of recording the exact number, there are loads of people that are living in the areas where there is no screening or counting for us to actually know their numbers, some are tribes that are not counted as part of the people living in the cities, because they are always in the jungle or the Amazon forest.

Every single person can't own Bitcoin, some will never be able to afford to buy It and some won't give a damn, even if it goes up to one million dollars they won't still care.

How many people are owning Gold today? I have never invested in Gold before and I don't care about having some Gold locked up in my basement because I don't see any reason why, it's not as if I will die because I don't have some Gold, it's the same with Bitcoin, it's not a do or die.
I found it on google where the current world population is approximately 8.1 Billion, I can accept if it was not accurate, then what's the accurate number? you can't just saying someone isn't accurate and you're not giving the accurate answer. Waiting for your answer, don't say there's no exact accurate number.

They don't have to buy it, just claim it through faucet site.

We're talking about the possibility everyone can own Bitcoin, not talk about someone's desire.

.freebitcoin.       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.PLAY NOW.
soberdriver
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile WWW
August 21, 2023, 08:10:21 AM
 #66

now I don't have a bitcoin or any other cryptocurrency because this is not allowed in our country.
Sim_card
Sr. Member
****
Offline Offline

Activity: 434
Merit: 389



View Profile WWW
August 21, 2023, 08:22:53 AM
Merited by fillippone (1)
 #67

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?
If everyone is willing to own Satoshis,just like the way everyone has fiat, YES it is possible. The fact lies that not everyone will adopt bitcoin because it isn't a compulsory thing that you can't live without. Like you said OP about fiat,every citizens in a country needs fiat for easy transactions but because bitcoin was created for an alternative payment method,some people will not adopt it,since they don't like to own it. Let's take for example,the poor ones in the villages with poor inadequate power supply or no power supply wouldn't see bitcoin as something relevant because they wouldn't have easy access to it. Also the advanced people or people that feels that bitcoin isn't for them wouldn't also adopt it.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
reagansimms
Hero Member
*****
Offline Offline

Activity: 966
Merit: 542



View Profile
August 21, 2023, 08:24:30 AM
 #68


Theoretically everyone in the world can have Bitcoin.
True, but not everyone in the world is interested in owning Bitcoin even though awareness about bitcoin has entered the most remote areas. There are several factors that cause Bitcoin not to be owned by everyone in the world, one of which is the internet network factor that has not reached their place.

Bitcoin can be owned by everyone in the world, but not everyone in the world can own Bitcoin for different reasons. The wider development of Bitcoin being adopted on a large scale by several countries that have accepted the presence of Bitcoin will make Bitcoin increasingly known and easier to own by residents in the region. Their openness to Bitcoin will have a greater impact on other people who have not fully accepted the presence of Bitcoin.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
Gallar
Sr. Member
****
Offline Offline

Activity: 616
Merit: 291



View Profile
August 21, 2023, 09:00:53 AM
 #69

I know that the reason why we need to tell people about bitcoin is to spread the awareness of bitcoin,so that more people will adopt bitcoin so that it can be recognised and use by everyone just the way fiat is used. This will make bitcoin value to increase due to its volatile nature and the price is been controlled by demand and supply.

Yes, what you wrote is correct. The main purpose of this massive or global spread of bitcoin is none other than to make all the people in this world aware of bitcoin and the system that runs in it. Because we cannot deny, at this time we are being played around by the banking system. Therefore bitcoin appears with an ideology or system that is opposite to the system that applies to banking. Like the big example, the bank has a centralized system, and bitcoin has a non-centralized system. So apart from the increasing price of bitcoin, if many investors come, what I can catch and what I can understand to this day, maybe that is the most basic reason why bitcoin should be disseminated to people around the world. the whole world. The point is about the ideology of financial freedom.
Quote
~Snip
My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?
This could happen, or it could not. Because it all depends on the demand and sales in the bitcoin market. Apart from that, with the supply of bitcoins which is more or less only 21 million, and while humanity currently numbers 8 billion people, so logically and arithmetic, if it is equally divided, it will definitely get a little bit for each person. Moreover, in reality, in the bitcoin market, sometimes there are not a few investors in bitcoin who have more than one bitcoin asset, in fact there are thousands of them. Even though bitcoin assets are running, in the sense that they are constantly being traded on the market, but not a few, maybe even arguably the majority, bitcoin investors do hoard more of the assets they have in their personal wallets (holding). Apart from that, not to mention the missing bitcoin assets, in the sense that the code from the wallet is lost, so if that's the case, you can be sure that the bitcoins are forfeited. Why do I say like that? Because as far as I know, until now no one has been able to hack bitcoin wallets or other cryptocurrencies.

So in conclusion, everyone in this world can definitely have bitcoin. But if the context is, every person on this earth can hold bitcoin (everything is in a holding state), I think it must be a bit difficult.

.
Duelbits
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
///  PLAY FOR FREE  ///
WIN FOR REAL
█████
██
██
██
██
██
██
██
██
██
██
██
█████
██████████████████████████████████████████████████████
.
PLAY NOW
.
██████████████████████████████████████████████████████
█████
██
██
██
██
██
██
██
██
██
██
██
█████
KiaKia
Sr. Member
****
Offline Offline

Activity: 672
Merit: 388


View Profile WWW
August 21, 2023, 11:59:43 AM
 #70

If 1BTC is the least that everyone can buy then everyone can't have Bitcoin, That means that only 21 million people or even less can have Bitcoin, but that's not what's happening with Bitcoin, we have Sats, If you can't afford 1 BTC you might be able to afford 0.008BTC, everyone can buy what they can afford, this is what makes Bitcoin great.

Buying or having Bitcoin is a matter of choice, people need to see the need to have Bitcoin before they can start buying and if they don't, we can't force them, but to answer the question that OP is asking, everyone in the world can have some part of Bitcoin, even if it's worth 10$ today you are already a Bitcoin holder.

Mind you, not having Bitcoin is not the end of everything, we are looking for a better future and something far better than Bitcoin can still come in the future if you can't afford Bitcoin it's not the end, no matter how many Bitcoin we have today, it won't follow up to the other side when we die.
Blitzboy
Hero Member
*****
Offline Offline

Activity: 1218
Merit: 556


Leading Crypto Sports Betting & Casino Platform


View Profile
August 21, 2023, 12:47:08 PM
 #71

I know that the reason why we need to tell people about bitcoin is to spread the awareness of bitcoin,so that more people will adopt bitcoin so that it can be recognised and use by everyone just the way fiat is used. This will make bitcoin value to increase due to its volatile nature and the price is been controlled by demand and supply. Bitcoin is limited in number as we all know that we only have 21million bitcoin.

I have been wondering as a newbie with little knowledge on bitcoin that how is it possible for everyone in the world to own some fraction of bitcoin with the limited number just like the way everyone is using fiat.  Is it that these 21million bitcoin will be enought to serve the world with a total population of 8.1 billion because I know that we have whales who will buy a huge amount of bitcoin and just store it in their wallet without using it,just the way the rich men and politicians keep so much funds in their account or at home without spending it. I also notice that one country can't print the currency that the whole world is using but various countries printed their own currency. Another thing that I noticed so many investors prefer to holdli their bitcoin which might make it not sufficient for everyone.

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?

The more people who hold bitcoins in their wallets, the rarer the bitcoins circulating and being traded on the market. So the market demand will be higher when bitcoins are getting scarcer. Well this leads to a much higher price increase. And I think everyone will still be able to own bitcoins even if many whales hold them without selling them. Because in the end the whales will also sell the bitcoin they have when the price demand on the market is enough to make them satisfied to decide to sell. remember 1 bitcoin = 100 Million Satoshi. And imagine if one day 1 satoshi is very expensive. meaning it only takes 81 bitcoins to make everyone have at least 1 satoshi.if the population of people is correct 8.1 billion people.
Its not as simple as you think to say that the concept of scarcity or rarity determines the price of Bitcoin. Scarcity is a component, to be sure, but its just one part of a big picture that includes speculation, global finance, and human psychology. How are the whales doing? Get over your naivety. Whales arent just sitting around, waiting to be sold at some magical price. They move the market, they plan, they strategize, and they manipulate! Your charming assumption that they'll simply "decide to sell" is, well, charming.

You treat Satoshis and their potential value like they are elementary concepts. We may be dealing with a completely new paradigm of valuation by the time 1 Satoshi reaches such a value, rendering the entire idea of conventional money moot. Even nonetheless, I appreciate that you tried your math skills with the 81 Bitcoins for 8.1 billion people. Really, it's cute. However keep in mind that your estimates and assumptions only represent a small portion of this intricate financial ecosystem.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
KingsDen
Legendary
*
Offline Offline

Activity: 1092
Merit: 1025


Hello Leo! You can still win.


View Profile WWW
August 21, 2023, 01:00:02 PM
 #72


The answer to this question is of course No because older people don't know how to buy and sell Bitcoin they don't know what is crypto so this is impossible, also some people think that crypto is haram but in real crypto is halal. that are 2 big reasons and some are too much poor so they cant buy BTC.

You have replied to the above post in a context that is quite different from what the Op intended. The creator of the topic was wondering how possible it is for the 21 million bitcoins to be sufficient for every human being assuming they are all to acquire bitcoin. Also emphasizing that there are people that are holding much bitcoin and are unwilling to sell which will make it impossible for everyone to own a few sats of bitcoin.

My straight forward answer to OP, is that everyone in the world cannot own bitcoin as of now. Assuming it can be reversed that all lost bitcoin be restored and all everyone holding bitcoin should sell and bitcoin goes back to 21 million. Then, bitcoin will be sufficient for everyone in the world.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
Helena Yu
Hero Member
*****
Offline Offline

Activity: 546
Merit: 548



View Profile
August 21, 2023, 01:26:30 PM
 #73

The more people who hold bitcoins in their wallets, the rarer the bitcoins circulating and being traded on the market. So the market demand will be higher when bitcoins are getting scarcer. Well this leads to a much higher price increase. And I think everyone will still be able to own bitcoins even if many whales hold them without selling them. Because in the end the whales will also sell the bitcoin they have when the price demand on the market is enough to make them satisfied to decide to sell. remember 1 bitcoin = 100 Million Satoshi. And imagine if one day 1 satoshi is very expensive. meaning it only takes 81 bitcoins to make everyone have at least 1 satoshi.if the population of people is correct 8.1 billion people.
Correct people who hold their coins will make Bitcoin scarcer.
Also correct 1 Satoshi might be worth as high as $1 in the future.

Since 1 Satoshi is already expensive, then how much the fee that someone need to send 1 Satoshi?

My straight forward answer to OP, is that everyone in the world cannot own bitcoin as of now. Assuming it can be reversed that all lost bitcoin be restored and all everyone holding bitcoin should sell and bitcoin goes back to 21 million. Then, bitcoin will be sufficient for everyone in the world.
If that happens then it's not Bitcoin anymore, but centralized shitcoin since the coin is reversible. Imagine there's a Bitcoin maximalist who never move his coin for 10 years and then all of his coins are transferred to unknown address. This make Bitcoin is not safe anymore.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
peter0425
Sr. Member
****
Offline Offline

Activity: 2646
Merit: 446



View Profile
August 21, 2023, 01:31:57 PM
 #74



My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?

bitcoin composes of so many satoshis , so meaning  every people in the world has its piece of cake but of course depending  on how people will engage and willing to have that piece.
you can carry one satoshi while others can have millions , you can carry and you can not , your choice









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
Mars,           
here we come!
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
ElonCoin.org.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"

▬▬▬▬▬
isaac_clarke22
Sr. Member
****
Offline Offline

Activity: 1596
Merit: 264


View Profile
August 21, 2023, 01:43:03 PM
 #75

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?
I am pretty sure that most of people around the world are already aware about the existence of Bitcoin and they're just refusing to adopt it due to either fear of technologies or just not really up to something new especially when we're talking about money.

A user here has a good point that there are also lost Bitcoins already and a surface research gave me that there are around 4M of Bitcoin were lost already. With that figures and how high of the price of Bitcoin we got these days, there could be just a miracle for some people to even still buy Bitcoin when it starts becoming scarce. Not every country is US, so even people in third world countries like mine might struggle getting a fraction of Bitcoin let alone a whole Bitcoin.
Ziskinberg
Hero Member
*****
Offline Offline

Activity: 2926
Merit: 636


For campaign management look for Little Mouse!


View Profile
August 21, 2023, 01:50:36 PM
 #76

Can everyone? Well, my opinion is NO. Although everyone has the chance to invest and own Bitcoin but for financial capabilities that some people don't have, they'll be prioritizing bringing food to the table rather than investing.
In fact, some rich people ignore Bitcoin (maybe for now) but can't sure that they will take this in the future. Because investing in Bitcoin is just an option, as long as we can't appreciate its value and see how we can benefit from this in the future, we can't see how important it was until such time we found it.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
LDL
Hero Member
*****
Offline Offline

Activity: 588
Merit: 601



View Profile
August 21, 2023, 02:00:03 PM
 #77

In fact, if bitcoins were divided equally among the people of the world, one person would have a few hundred bitcoins. As the supply of Bitcoin is limited but the population is not limited but the population is constantly increasing.
21 million bitcoins total supply but in this case the number of bitcoins in Satoshi Nakamota's wallet will be excluded from the total supply and balancing the number of bitcoins generated in mining and the number of bitcoins that will be generated will definitely decrease from the total supply in this case a whopping 17 million bitcoins  will remain.
17M total supply
810 core or 8100M population
BTC total supply/total population= 0.00209876 BTC per person
Only a fraction of the entire world knows about Bitcoin and the rest of the majority opposes Bitcoin. It will never be possible for all people in the world to share in Bitcoin equally.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
dothebeats
Legendary
*
Offline Offline

Activity: 3640
Merit: 1353


Cashback 15%


View Profile
August 21, 2023, 02:58:06 PM
 #78

Not all 21 million of Bitcoin is still accessible and in circulation. Some owners have either died, not giving access to it, or some just gave up with their small fraction of Bitcoin (not caring what happens to it). So, is it possible for everyone to have Bitcoin? Yes, in small uneven fractions that some will not even be relevant to use. However, technically the answer is yes.

In reality, however, is that not everyone wants to do with anything related to Bitcoin, so will it matter? No. Hence, everyone can have Bitcoin but not everyone will even want it.

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
GigaBit
Hero Member
*****
Offline Offline

Activity: 1540
Merit: 508


Leading Crypto Sports Betting & Casino Platform


View Profile
August 21, 2023, 03:03:45 PM
 #79

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?
There is no reason for anyone to have difficulty in understanding this matter because since Bitcoins are limited, not everyone will be able to own Bitcoins. According to the coinmarketcap Circulating supply is 19,463,862 BTC. Among these BTC, the majority of bitcoins are held by whole investors and institutional investors. When the demand of Bitcoin increases, it will become more difficult for ordinary people to collect Bitcoins. Only institutional investors will have Bitcoin under their control. Considering this fact, it is easy to assume that in the future, ordinary people will have to raise money for Satoshi, not a Bitcoin.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
yazher
Hero Member
*****
Offline Offline

Activity: 2184
Merit: 585


You own the pen


View Profile
August 21, 2023, 03:07:06 PM
 #80

I think this question is not that hard because when you want to see the real possible rate of people getting some bitcoins each is way more high than all people having some money in their pocket. If bitcoins became worldwide currency like dollars and euro I'm pretty sure that not all people can acquire them not because there is nothing to acquire anymore but because they choose not to have it. For example, people here in our city have our national currency I can say 9.99% but not all of them have dollars or euro as well.

.freebitcoin.       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.PLAY NOW.
serjent05
Legendary
*
Offline Offline

Activity: 2842
Merit: 1255


Cashback 15%


View Profile
August 21, 2023, 03:54:28 PM
 #81

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?
Everyone can have bitcoin as you don't have to buy 1 BTC to have it. Satoshi Nakamoto designed Bitcoin with small unit, satoshi and you can buy small amount of satoshi but it still is bitcoin, just less than 1 BTC. The earlier you buy it, the bigger amount you can buy with same capital.

[Did you know?] Bitcoin Table of Units

As @Jawhead999 stated, theoretically everyone can have BTC but in reality, it is impossible for everyone to have Bitcoin or a portion of it.  There are limiters and restrictions that make 100% of the population acquire BTC.  Just like in the earlier replies, the limitation to access the internet, the illiteracy of one person about Bitcoin, the restriction of a country, and banning Bitcoin, limited access to devices that can process Bitcoin transactions, the interest of the person, and more.

They don't have to buy it, just claim it through faucet site.

We're talking about the possibility everyone can own Bitcoin, not talk about someone's desire.

When we talk about the possibility, we are talking about the realization of the idea and there are factors as I stated that limit the realization of everybody owning Bitcoin.  Desire to not own BTC also hindered the idea of everyone owning BTC.

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
summonerrk
Hero Member
*****
Offline Offline

Activity: 1358
Merit: 701


Arts & Crypto


View Profile WWW
August 21, 2023, 04:09:17 PM
 #82

I know that the reason why we need to tell people about bitcoin is to spread the awareness of bitcoin,so that more people will adopt bitcoin so that it can be recognised and use by everyone just the way fiat is used. This will make bitcoin value to increase due to its volatile nature and the price is been controlled by demand and supply. Bitcoin is limited in number as we all know that we only have 21million bitcoin.

I have been wondering as a newbie with little knowledge on bitcoin that how is it possible for everyone in the world to own some fraction of bitcoin with the limited number just like the way everyone is using fiat.  Is it that these 21million bitcoin will be enought to serve the world with a total population of 8.1 billion because I know that we have whales who will buy a huge amount of bitcoin and just store it in their wallet without using it,just the way the rich men and politicians keep so much funds in their account or at home without spending it. I also notice that one country can't print the currency that the whole world is using but various countries printed their own currency. Another thing that I noticed so many investors prefer to holdli their bitcoin which might make it not sufficient for everyone.

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?


I think that soon each of the young population of the countries will have a cryptocurrency on their wallet. Why do I write specifically about young people? Because each generation is adopting technologies faster and faster, and the old generation, unfortunately, thinks only in its own categories, and their thinking is very difficult to change. When I told my father about cryptocurrency, he was very skeptical. And he's not even retired yet.
I can understand him, because he has seen a lot in his life, various deceptive schemes, and why would he believe in bitcoin, especially when the scheme of cryptocurrencies and blockchain is not very easy to understand.

Nevertheless, generations are changing, and when we get older, and young people will replace us, and most of them will definitely have a crypto currency. Not necessarily Bitcoin.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄
███░░░░███░░░░███
░░░░░░░░░░░░░
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░░░░███▄█░░░
░░██▌░░███░▀░░██▌
█░██░░███░░░██
█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀
.
REGIONAL
SPONSOR
███▀██▀███▀█▀▀▀▀██▀▀▀██
██░▀░██░█░███░▀██░███▄█
█▄███▄██▄████▄████▄▄▄██
██▀ ▀███▀▀░▀██▀▀▀██████
███▄███░▄▀██████▀█▀█▀▀█
████▀▀██▄▀█████▄█▀███▄█
███▄▄▄████████▄█▄▀█████
███▀▀▀████████████▄▀███
███▄░▄█▀▀▀██████▀▀▀▄███
███████▄██▄▌████▀▀█████
▀██▄█████▄█▄▄▄██▄████▀
▀▀██████████▄▄███▀▀
▀▀▀▀█▀▀▀▀
.
EUROPEAN
BETTING
PARTNER
Obari
Sr. Member
****
Offline Offline

Activity: 602
Merit: 442


I buy all valid country Gift cards swiftly.


View Profile WWW
August 21, 2023, 06:11:18 PM
 #83

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?

Well the truth is that, I really don't know the possibility  of everyone owning a portion of bitcoin  and I think we haven't gotten to that stage yet as we are still at a long long journey to creating bitcoin  awareness and until we achieve  completing that phase, I think we should take it easy on bitcoin  accumulation but rather focus on bitcoin  adoption.

Whatever the case maybe, I believe that before the population of people grow to the unimaginable number, I think the number of miners and bitcoin volume should have leveled up so no need for the unnecessary panic.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBITCRYPTO
FUTURES
[
1,000x
LEVERAGE
][
.
COMPETITIVE
FEES
][
INSTANT
EXECUTION
]██████
██
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████████████████████████████
.
TRADE NOW
.
████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
[/center]
lousie9
Sr. Member
****
Offline Offline

Activity: 1680
Merit: 263



View Profile
August 21, 2023, 06:40:38 PM
 #84

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?
Your question actually I think multiperception. Depending on which point of view someone will catch your question.
If the meaning of your question is only related to "numbers/mathematics/amounts" and apart from other factors that affect the adoption of Bitcoin then of course the answer is that it is possible for everyone to have Bitcoin even if the supply is limited or even a little, because I think that "number/mathematics/amounts" is definite things and every number regardless of the amount of course can still be divided.
But if you have linked it to the factors that influence Bitcoin adoption, then the answer is of course that not everyone can have Bitcoin because of various internal and external factors for each individual.
Internal factors I mean such as individuals' desires, interests, beliefs and knowledge of Bitcoin. While external factors I mean such as financial conditions, technological advances and the internet and government regulations regarding Bitcoin in their respective countries.


       ▄▄███▄    ▄███▄▄
     ▄▀▀    █    █    ▀▀▄
    ██    ▄▄▀    ▀▄▄    ██
    ▀▄▄▄█▀▀        ▀▀█▄▄▄▀
  ▄▄█▀█▄              ▄█▀█▄▄
▄█▀     ▀▀█▄     ▄▄█▀▀     ▀█▄
██          ▀█▄▄█▀          ██
▀█▄     ▄▄▄█▀▀  ▀▀▀▄▄▄     ▄█▀
  ▀█▄▄▄▀▀            ▀▀▄▄▄█▀
   █▀▀▄▄▄            ▄▄▄▀▀█
   ██  ▀▀▀▄▄      ▄▄▀▀▀  ██
    ▀▄     █      █     ▄▀
      ▀▀▄▄▄▀      ▀▄▄▄▀▀
.
cogwise
  ▄
█  █
  █
█  █
  █
█  █

  █
█  █
  █
█  █
  █
█  █
  ▀
.
Hyper-charge your trading with intelligent insights   ▄
█  █
  █
█  █
  █
█  █

  █
█  █
  █
█  █
  █
█  █
  ▀
▄█████████████████████▄
███████████████████████
████▀███████▀   ▀▀▀▄███
███▌  ▀▀███▌       ▄███
███▀               ████
███▄              █████
████▄            ██████
█████▄▄        ▄███████
████▄       ▄██████████
███████████████████████
▀█████████████████████▀

▄█████████████████████▄
███████████████████████
████████████████▀▀█████
███████████▀▀▀    █████
██████▀▀▀   ▄▀   ██████
███▄     ▄█▀     ██████
██████▄ █▀      ███████
███████▌▐       ███████
████████ ▄██▄  ████████
██████████████▄████████
▀█████████████████████▀

▄█████████████████████▄
███████████████████████
█████  ▄▄▄▄▄  ▄▀███████
█████  █████  ██▄▀█████
█████  █▀▀██▄▄▄▄  █████
█████  █▀▀▀▀▀▀▀█  █████

█████  █▀▀▀▀▀▀▀█  █████
█████  █▀▀▀▀▀▀▀█  █████
█████  ▀▀▀▀▀▀▀▀▀  █████
███████████████████████
▀█████████████████████▀

bayu7adi
Hero Member
*****
Offline Offline

Activity: 1414
Merit: 545

paper money is going away


View Profile WWW
August 21, 2023, 06:41:31 PM
 #85

The context of "everyone" here encompasses each and every individual existing in this world, including the impoverished, the technologically unaware, an elderly farmer, and many others. Thus, in theory, 21 million Bitcoins could indeed be owned by every person, but the practicality of such an occurrence is highly improbable.

Bitcoin carves its own niche and imposes no compulsion that every global denizen must possess it. Consequently, given its finite supply, it seems more prudent for Bitcoin to be held by a subset of individuals. We must exercise caution in involving those unfamiliar with the internet to acquire Bitcoin without a comprehensible purpose.

There will come a time when the presence of Bitcoin becomes a consideration for the leaders of significant nations. This marks the epoch of technology wherein the populace is well-acquainted with the internet and can readily grasp the nuances of Bitcoin.
tjtonmoy
Sr. Member
****
Offline Offline

Activity: 1008
Merit: 366


View Profile WWW
August 21, 2023, 07:06:20 PM
 #86

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?
The answer is yes. You can own a fraction of bitcoin and it doesn't matter how much it is. If we see a worldwide adoption of Bitcoin, people from all over the world will be using Bitcoin. 21 million bitcoin is not enough for 7 billion people if you count it by the numbers. But that's not the case here is it? 1 Bitcoin is not a single unit. You can divide it into small fractions and distribute them to different people.

Bitcoin mining will be over one day. Maybe then we can see stability in the market. Even if whales hodl Bitcoin to that point in time, they will have to use it to make transactions. The circulation will continue and everyone will have access to Bitcoin for sure. But that's in the far future. no one knows what will happen.
Casdinyard
Hero Member
*****
Offline Offline

Activity: 2058
Merit: 882


Leading Crypto Sports Betting and Casino Platform


View Profile
August 21, 2023, 07:39:25 PM
 #87

Bitcoin is divisible, but if you're really keen about everyone on the planet owning a dividend of the 21 million total supply it's going to be a whole ordeal. It may not even be possible. Which is why Sats are here as the basic unit for bitcoins. If it came to a point where everyone on the planet wished they had bitcoins, satoshis will provide that with the same benefits and same ownership levels as if you had owned a bitcoin. Although owning these will be worth only if bitcoin were to rise in value to dramatical levels. Otherwise all you're really going to have in this kind of setup is a few penny's worth of bitcoin.

Still, everyone owning bitcoin is a possible feat, if it wasn't there will be workarounds that could be imposed or done.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
HONDACD125
Sr. Member
****
Offline Offline

Activity: 378
Merit: 294


#SWGT PRE-SALE IS LIVE


View Profile WWW
August 21, 2023, 08:24:03 PM
 #88

I know that the reason why we need to tell people about bitcoin is to spread the awareness of bitcoin,so that more people will adopt bitcoin so that it can be recognised and use by everyone just the way fiat is used. This will make bitcoin value to increase due to its volatile nature and the price is been controlled by demand and supply. Bitcoin is limited in number as we all know that we only have 21million bitcoin.

I have been wondering as a newbie with little knowledge on bitcoin that how is it possible for everyone in the world to own some fraction of bitcoin with the limited number just like the way everyone is using fiat.  Is it that these 21million bitcoin will be enought to serve the world with a total population of 8.1 billion because I know that we have whales who will buy a huge amount of bitcoin and just store it in their wallet without using it,just the way the rich men and politicians keep so much funds in their account or at home without spending it. I also notice that one country can't print the currency that the whole world is using but various countries printed their own currency. Another thing that I noticed so many investors prefer to holdli their bitcoin which might make it not sufficient for everyone.

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?


I think it's so difficult, that everyone in the world owns Bitcoin. The first reason is that its supply is limited. The second reason is that people with less capital are less interested in Bitcoin. As you yourself mentioned we also have many whales. There are large investors and large companies that are buying large amounts of Bitcoin, and some already have a lot of coins lying around. Those who have more capital are investing in it and prefer to hold it for longer. Bitcoin is not for everyone. However, if we create awareness about Bitcoin among people, the benefit will be that more and more people will be attracted to it, and will be interested in investing.


.SWG.io.













█▀▀▀










█▄▄▄

▀▀▀█










▄▄▄█







█▀▀▀










█▄▄▄

▀▀▀█










▄▄▄█







``█████████████████▄▄
``````▄▄▄▄▄▄▄▄▄▄▄▄████▄
````````````````````▀██▄
```▀▀▀▀``▀▀▀▀▀▀▀▀▀▀▀▄███
``````▄▄▄▄▄▄▄▄▄▄▄▄``▄███
``▄▄▄▄▄▄▄```▄▄▄▄▄``▄███
``````````````````▄██▀
```````````████████████▄
````````````````````▀▀███
`````````▀▀▀▀▀▀▀▀▀▀▀▀▄████
```▄▄▄``▄▄▄▄▄▄▄▄▄▄`````███
`▄▄▄▄▄▄▄▄▄``▄▄▄▄▄▄`````███
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀████
```````````````````▄▄████
``▀▀▀▀▀``▀▀▀▀▀▀▀▀▀█████
██``███████████████▀▀

FIRST LISTING
CONFIRMED






LogitechMouse
Legendary
*
Offline Offline

Activity: 2436
Merit: 1036


Chancellor on brink of second bailout for banks


View Profile WWW
August 21, 2023, 10:47:12 PM
 #89

~
My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?

Technically speaking, yes everyone can have Bitcoin.
The only question is that, will everyone have the capabilities to buy Bitcoin. Will everyone have the gadgets needed to access Bitcoin. Will everyone be given an opportunity to buy Bitcoin. Will everyone be interested in Bitcoin.

Take note that our current fiat currency that the world has been using, and is widely accepted worldwide is not being used by some of the people. You said "everyone", so I inserted those people who are in extreme remote areas that they themselves don't have access to money. Just imagine how they can get an access to Bitcoin. I will also specify those poor people who don't even have an access to smartphones that is needed to use Bitcoin.

If you will think, every person in the world can have access to Bitcoin, but there are certain factors needed in order for them to have access to it, and that is the hindrance for them. It's good thing that 1 Bitcoin can be divided into 100 Million Satoshi so that it can be distributed even more.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
wxa7115
Hero Member
*****
Offline Offline

Activity: 2716
Merit: 704



View Profile
August 22, 2023, 03:36:16 AM
 #90

I think it's so difficult, that everyone in the world owns Bitcoin. The first reason is that its supply is limited. The second reason is that people with less capital are less interested in Bitcoin. As you yourself mentioned we also have many whales. There are large investors and large companies that are buying large amounts of Bitcoin, and some already have a lot of coins lying around. Those who have more capital are investing in it and prefer to hold it for longer. Bitcoin is not for everyone. However, if we create awareness about Bitcoin among people, the benefit will be that more and more people will be attracted to it, and will be interested in investing.
The greatest hurdle for bitcoin is the huge amount of technology and infrastructure needed to make it work, cash is just a piece of paper so it is natural that it has become widely adopted all around the world.

But even cash is not used by everyone, there are many remote communities which still use barter or that use their own currency, and bitcoin will have a lot of problems to get to those people as the requirements to use bitcoin are way higher than cash.

.
.DuelbitsSPORTS.
▄▄▄███████▄▄▄
▄▄█████████████████▄▄
▄██████████████████████▄
██████████████████████████
███████████████████████████
██████████████████████████████
██████████████████████████████
█████████████████████████████
███████████████████████████
█████████████████████████
▀████████████████████████
▀▀███████████████████
██████████████████████████████
██
██
██
██

██
██
██
██

██
██
██
████████▄▄▄▄██▄▄▄██
███▄█▀▄▄▀███▄█████
█████████████▀▀▀██
██▀ ▀██████████████████
███▄███████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
▀█████████████████████▀
▀▀███████████████▀▀
▀▀▀▀█▀▀▀▀
OFFICIAL EUROPEAN
BETTING PARTNER OF
ASTON VILLA FC
██
██
██
██

██
██
██
██

██
██
██
10%   CASHBACK   
          100%   MULTICHARGER   
Oasisman
Hero Member
*****
Offline Offline

Activity: 2604
Merit: 549


Rollbit


View Profile WWW
August 22, 2023, 04:29:02 AM
 #91


My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?


Very much possible! Though 21 million may sound just a little, not more enough for like more than 8 billion people globally, but what makes it possible for it is that, unlike the fiat currency where the government can print as much paper money as they want, bitcoin is limited in supply minus all those that lost in circulation. With that said, bitcoin's value in the future may be 10-20 times higher than what it is today and that means the smallest fractions of bitcoin today will be too much in the future for an individual to hold. No matter how much bitcoin the whales are hoarding, I don't think the total percentage of whales who held large amount of bitcoin are close to 50%? (not sure about that though). So, it's not something we worry about, not everyone are interested in bitcoin though as there are still a lot of people who prefer to use the traditional banking system and online banking service.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
Blitzboy
Hero Member
*****
Offline Offline

Activity: 1218
Merit: 556


Leading Crypto Sports Betting & Casino Platform


View Profile
August 22, 2023, 10:55:11 AM
 #92

The context of "everyone" here encompasses each and every individual existing in this world, including the impoverished, the technologically unaware, an elderly farmer, and many others. Thus, in theory, 21 million Bitcoins could indeed be owned by every person, but the practicality of such an occurrence is highly improbable.

Bitcoin carves its own niche and imposes no compulsion that every global denizen must possess it. Consequently, given its finite supply, it seems more prudent for Bitcoin to be held by a subset of individuals. We must exercise caution in involving those unfamiliar with the internet to acquire Bitcoin without a comprehensible purpose.

There will come a time when the presence of Bitcoin becomes a consideration for the leaders of significant nations. This marks the epoch of technology wherein the populace is well-acquainted with the internet and can readily grasp the nuances of Bitcoin.
You are extremely stupid to think that "everyone" has Bitcoin. Look at the past! The wealthy have always controlled the economy, leaving the common people fending for scraps. even bank accounts, smartphones, and the internet! Right, not everyone is on board. So why would we anticipate Bitcoin to follow a different path? The story doesnt change just because we live in a digital age.

Leaders of powerful countries will undoubtedly pay attention, but by that time, the forerunners, the knowledgeable, and the daring, will be well ahead. What's left? attempting to catch up as usual. Technology does not wait. Those that are unable or unwilling to adapt will be left behind. So be it if Bitcoin isnt for everyone

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Inwestour
Hero Member
*****
Offline Offline

Activity: 994
Merit: 954



View Profile
August 22, 2023, 11:20:50 AM
 #93

You are extremely stupid to think that "everyone" has Bitcoin. Look at the past! The wealthy have always controlled the economy, leaving the common people fending for scraps. even bank accounts, smartphones, and the internet! Right, not everyone is on board. So why would we anticipate Bitcoin to follow a different path? The story doesnt change just because we live in a digital age.

Leaders of powerful countries will undoubtedly pay attention, but by that time, the forerunners, the knowledgeable, and the daring, will be well ahead. What's left? attempting to catch up as usual. Technology does not wait. Those that are unable or unwilling to adapt will be left behind. So be it if Bitcoin isnt for everyone
It is quite possible that even if bitcoin is recognized as legal means of payment in many countries of the world, there will still be a lot of people who will not even have a few satoshi.

If we now perceive bitcoin as digital gold, then it is very simple how many people have gold, I don’t mean some kind of wedding ring, or some jewelry, although many don’t even have this. And gold does not have such a limited emission as bitcoin, it can be mined a lot, and perhaps even more can be mined when a person can travel to other planets.

This is not the case with bitcoin.
HONDACD125
Sr. Member
****
Offline Offline

Activity: 378
Merit: 294


#SWGT PRE-SALE IS LIVE


View Profile WWW
August 22, 2023, 12:24:23 PM
 #94


The greatest hurdle for bitcoin is the huge amount of technology and infrastructure needed to make it work, cash is just a piece of paper so it is natural that it has become widely adopted all around the world.

But even cash is not used by everyone, there are many remote communities which still use barter or that use their own currency, and bitcoin will have a lot of problems to get to those people as the requirements to use bitcoin are way higher than cash.

There is no doubt that cash is a piece of paper but it is the same piece of paper that is being used all over the world today; Some places may not use cash but still we cannot ignore the fact that using cash is common and everyone is doing it. Of course, bringing Bitcoin to remote communities is a difficult task, but with time even those people will become aware of Bitcoin. Currently, cash is more widely used than bitcoin. I think Bitcoin has no apparent existence, which makes it hard to replace cash. Bitcoin has been around for 14 years, but I think 90% of people around the world still don't know what Bitcoin is? Cash can be used by everyone and is a common everyday item, while Bitcoin is a digital currency that is not for everyone.


.SWG.io.













█▀▀▀










█▄▄▄

▀▀▀█










▄▄▄█







█▀▀▀










█▄▄▄

▀▀▀█










▄▄▄█







``█████████████████▄▄
``````▄▄▄▄▄▄▄▄▄▄▄▄████▄
````````````````````▀██▄
```▀▀▀▀``▀▀▀▀▀▀▀▀▀▀▀▄███
``````▄▄▄▄▄▄▄▄▄▄▄▄``▄███
``▄▄▄▄▄▄▄```▄▄▄▄▄``▄███
``````````````````▄██▀
```````````████████████▄
````````````````````▀▀███
`````````▀▀▀▀▀▀▀▀▀▀▀▀▄████
```▄▄▄``▄▄▄▄▄▄▄▄▄▄`````███
`▄▄▄▄▄▄▄▄▄``▄▄▄▄▄▄`````███
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀████
```````````````````▄▄████
``▀▀▀▀▀``▀▀▀▀▀▀▀▀▀█████
██``███████████████▀▀

FIRST LISTING
CONFIRMED






GeorgeJohn
Hero Member
*****
Offline Offline

Activity: 1442
Merit: 658


Bitcoin is achievement


View Profile
August 22, 2023, 12:36:30 PM
 #95

I know that the reason why we need to tell people about bitcoin is to spread the awareness of bitcoin,so that more people will adopt bitcoin so that it can be recognised and use by everyone just the way fiat is used. This will make bitcoin value to increase due to its volatile nature and the price is been controlled by demand and supply. Bitcoin is limited in number as we all know that we only have 21million bitcoin.
We don't only need these. Bitcoin is something I know that nobody is telling any other person currently to invest on, its like past three years or four year ago people bring other people into bitcoin investment, but I'm of tye opinion that internet alone is what is making bitcoin to have a wide awareness, because people that invested in bitcoin share their testimonies of their profits, you hear about bitcoin and you don't have to invest in bitcoin, so nobody will force to invest in bitcoin. Secondly its not good to advice someone to invest in bitcoin because of the disadvantages in bitcoin, its good to let the person know the positive impact of bitcoin and the negative impact of bitcoin before investing.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
Flexystar
Full Member
***
Offline Offline

Activity: 1092
Merit: 227



View Profile
August 22, 2023, 01:00:09 PM
 #96

Practically it's impossible to own Bitcoin by everyone because there are many barriers. If someone own few Satoshi it's still like owning Bitcoin. I don't think topic is useful and a matter of discussion but if would be better to discuss about maximizing Bitcoin adoption.
Why everyone can't have Bitcoin?

  • Everyone in the world don't have internet connection and knowledge about internet and digital technologies.
  • Even some of country don't have electricity in all area and it's a must to use Bitcoin also internet connection.
  • Everyone will not be interested to use or to like Bitcoin and no one can force them.
  • Even some will not like to have Bitcoin because of its higher transection fees and some dislike it because of its volatile nature but it's a properties of Bitcoin.
  • It's still illigal in most of the countries and government discourage to use it. If they legalize it many people will be involved with it and mass adoption will increase but practically it's not possible to own it by everyone because it's just an imagination and illogical.

The like or dislike, government approvals, internet all these doesn't matter in this case because the question asked by the OP is hypothetical and merely expression of mathematical problem. I mean other factors that you listed do matter in "adoption" of Bitcoin but that is entirely different course of story. Also just to point it out, though every person in the world doesn't have access to the internet then also the internet connection has reached to almost every continent and country.

If you checkout the statics of 2022, then by means of % a map shows that almost every country has at least some parts where internet has reached. If Bitcoin ever got punched in the world with full legality then definitely others will onboard themselves for using the internet in no time.

Just like every person on boarded themselves to use the fiat even though many of them don't know what internet banking or mobile banking is, but they still did!

Reference to the internet stats:



Image credit: By Jeff Ogden (W163) - This SVG map includes elements that have been taken or adapted from this map:, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=19202338
retreat
Sr. Member
****
Offline Offline

Activity: 1008
Merit: 371



View Profile WWW
August 22, 2023, 01:09:42 PM
 #97

The answer to your question is yes, everyone in the world can own Bitcoin, even if the supply is limited. Because Bitcoin can be divided into small amounts and because of that the supply of Bitcoin which is only 21 million can be enough to be adopted by everyone. But for Bitcoin to reach that, of course, it takes a long time, moreover, not many countries in the world accept Bitcoin, so what needs to be done is how adoption can be increased, not making a problem about the supply.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
Negotiation
Sr. Member
****
Offline Offline

Activity: 1050
Merit: 264


Need a Helping hand? https://tinyurl.com/2p94uabm


View Profile WWW
August 22, 2023, 01:14:30 PM
 #98

Bitcoin usage is generally more popular in the internet world. It will take a long time to become like a fiat currency, before everyone knows and learns about bitcoin. Because the online network is chosen for trading in this currency cryptocurrencies are highly valued all over the world as they are exchanged online. Bitcoin is a variant of this cryptocurrency due to the variety of benefits and benefits that can be gained through bitcoin trading, there is less and less interest in it at present. It is up to the individual when it comes to investing in bitcoin, and since bitcoin has the advantages of regulatory oversight and traditional financial instruments it is important to know the positives and negatives.

.
SPIN

       ▄▄▄██████████▄▄▄
     ▄███████████████████▄
   ▄██████████▀▀███████████▄
   ██████████    ███████████
 ▄██████████      ▀█████████▄
▄██████████        ▀█████████▄
█████████▀▀   ▄▄    ▀▀▀███████
█████████▄▄  ████▄▄███████████
███████▀  ▀▀███▀      ▀███████
▀█████▀          ▄█▄   ▀█████▀
 ▀███▀   ▄▄▄  ▄█████▄   ▀███▀
   ██████████████████▄▄▄███
   ▀██████████████████████▀
     ▀▀████████████████▀▀
        ▀▀▀█████████▀▀▀
.
RIUM
.
███
███
███
███
███
███
███
███
███
███
███
███
SAFE GAMES
WITH WITHDRAWALS
       ▄▀▀▀▀▀▀▄▄▄▄
 ▄▀▀▀▀▀▀▀▀▀▀▀▀▄  ▀▀▄
█    ▄         █   ▀▌
█   █ █        █    ▌
█      ▄█▄     █   ▐
█     ▄███▄    █   ▌
█    ███████   █  ▐
█    ▀▀ █ ▀▀   █  ▌
█     ▄███▄    █ ▐
█              █▐▌
█        █ █   █▌
 ▀▄▄▄▄▄▄▄▄█▄▄▄▀
       ▄▀▀▀▀▀▀▄▄▄▄
 ▄▀▀▀▀▀▀▀▀▀▀▀▀▄  ▀▀▄
█    ▄         █   ▀▌
█   █ █        █    ▌
█      ▄█▄     █   ▐
█     ▄███▄    █   ▌
█    ███████   █  ▐
█    ▀▀ █ ▀▀   █  ▌
█     ▄███▄    █ ▐
█              █▐▌
█        █ █   █▌
 ▀▄▄▄▄▄▄▄▄█▄▄▄▀
.
███
███
███
███
███
███
███
███
███
███
███
███
▄▀▀▀











▀▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
SIGN UP


▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▄











▄▄▄▀
View ArchiveReport to moderator
tranthidung
Legendary
*
Offline Offline

Activity: 2268
Merit: 4013


Farewell o_e_l_e_o


View Profile WWW
August 22, 2023, 01:21:06 PM
 #99

As @Jawhead999 stated, theoretically everyone can have BTC but in reality, it is impossible for everyone to have Bitcoin or a portion of it.  There are limiters and restrictions that make 100% of the population acquire BTC.  Just like in the earlier replies, the limitation to access the internet, the illiteracy of one person about Bitcoin, the restriction of a country, and banning Bitcoin, limited access to devices that can process Bitcoin transactions, the interest of the person, and more.
It is impossible for everyone to own 1 BTC for each but it is impossible for them to have a portion of it.

Locally Internet access can be unavailable but if a person has chances to move far from local area, getting access to Internet is possible. If you want, you can buy bitcoin from someone you trust even you don't have Internet access locally. Many methods to own bitcoin and the biggest barrier is enlighten yourself to believe in Bitcoin potentiality and start to accumulate it one way or another.

You can check topics of fillipone and finaleshot2016, and get some ideas for off-grid transactions.

[Total privacy Bitcoin]: off grid Transactions LoRaWan/goTenna
Bitcoin Transaction without Internet.
A LoraWan TTN compatible firmware for a cheap ESP32/Lora board. (Github).

Years ago, I read articles that in Africa continent, people have a service provider to make Bitcoin transactions without Internet from a third party SMS provider. Not sure it is still available now but relying on SMS and from a middle man is not good for security, privacy and accuracy of your transaction.

Machankura: https://8333.mobi/
Machankura is still lively today!

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
leonair
Sr. Member
****
Offline Offline

Activity: 1232
Merit: 390


★Bitvest.io★ Play Plinko or Invest!


View Profile
August 22, 2023, 01:42:49 PM
 #100

I know that the reason why we need to tell people about bitcoin is to spread the awareness of bitcoin,so that more people will adopt bitcoin so that it can be recognised and use by everyone just the way fiat is used. This will make bitcoin value to increase due to its volatile nature and the price is been controlled by demand and supply. Bitcoin is limited in number as we all know that we only have 21million bitcoin.

I have been wondering as a newbie with little knowledge on bitcoin that how is it possible for everyone in the world to own some fraction of bitcoin with the limited number just like the way everyone is using fiat.  Is it that these 21million bitcoin will be enought to serve the world with a total population of 8.1 billion because I know that we have whales who will buy a huge amount of bitcoin and just store it in their wallet without using it,just the way the rich men and politicians keep so much funds in their account or at home without spending it. I also notice that one country can't print the currency that the whole world is using but various countries printed their own currency. Another thing that I noticed so many investors prefer to holdli their bitcoin which might make it not sufficient for everyone.

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?

There are more than 8 billion people in the world and will increase in the future but Bitcoin supply is limited which is 21 million if everyone has bitcoins everyone will share about 0.002625 bitcoins or more less. And if that happens, then the price of each bitcoin will more then millions of dollars. So we are now missing a huge opportunity to own a good amount of Bitcoins. At that time we only have regrets and nothing else to do.  As regret today those who bought bitcoins for less than $100 but sold them back then



BIG WINNER!
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
dothebeats
Legendary
*
Offline Offline

Activity: 3640
Merit: 1353


Cashback 15%


View Profile
August 22, 2023, 04:14:29 PM
 #101

I think it's possible but BTC will be divided into small parts
Small parts that will not even be of value to most. Moreover, not everyone that will gain will even bother investing in it and trading it, hence it will be a waste as it will remain unaccessible to others who are actually interested in Bitcoin and the system. It is a possible thing to happen but it is not ideal, as Bitcoin is limited and the number of people is growing every day. The proportion will never be equal and not everyone will find value in it, causing the possible downfall of Bitcoin.

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
Mpamaegbu
Legendary
*
Offline Offline

Activity: 2688
Merit: 1208


Once a man, twice a child!


View Profile
August 22, 2023, 05:59:11 PM
 #102

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?
Let's not even go into the debate of whether Bitcoin's limited maximum supply will make it hard for everyone to possess it or not and plunge into coins with unlimited supply and how not everyone can still have them. When I read comments about people trying to act like it's an aberration if Bitcoin doesn't go round everyone. It's not. To state it clearly, I have yet to see anything that goes round everyone on earth except oxygen. I meant the natural oxygen. Bitcoin isn't oxygen. It's just another innovation of man. Even if Bitcoin were ♾️ in supply, not everyone will still have it.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
Wimex
Full Member
***
Offline Offline

Activity: 618
Merit: 140


View Profile
August 22, 2023, 10:36:06 PM
 #103

It would be quite an intriguing challenge if every person in the world had Bitcoin, I would say that as adoption grows and more people use it, there could be innovative ways to make bitcoin fractions accessible to everyone. But focusing today in terms of the distribution and adoption of Bitcoin in a global population of over 8 billion people, it will be quite likely to get each person to have a piece of Bitcoin, as some have commented each Bitcoin can be divided into smaller units called satoshis. One Bitcoin consists of 100 million satoshis… This divisibility allows that even if not everyone owns a full Bitcoin, they can still own and use fractions of it.. On the other hand being realistic with a current approach.. I think the widespread adoption of Bitcoin It can be a gradual process... as I said before, it may be that in the future the infrastructure and the tools for its use can be expanded and improved even more.
RewFrew
Full Member
***
Offline Offline

Activity: 574
Merit: 140


Chainjoes.com


View Profile WWW
August 22, 2023, 11:52:16 PM
 #104

I think can everyone in the world have bitcoin. If Bitcoin quantity is limited. But if everyone understand about bitcoin and able to creat It's usability then bitcoin will be available everywhere. Recently we saw many Super shop, Bank, Hotel are accepting Bitcoin. So to fulfil our basic need we have to use Bitcoin today or tomorrow. As Bitcoin quantity is limited But i think everyone will have small amount of Bitcoin that are not so far. Everyone will use it for his need. So i think Can everyone in the world have bitcoin.

Renampun
Sr. Member
****
Offline Offline

Activity: 2296
Merit: 362


★Bitvest.io★ Play Plinko or Invest!


View Profile WWW
August 22, 2023, 11:52:25 PM
 #105

...

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?


even in the next 100 - 200 years, I don't think everyone in this world will have bitcoin, of course the reason is simple, not everyone is connected to the internet - not everyone likes bitcoin - not everyone understands bitcoin - not everyone can sell/buy bitcoins and many other reasons.

bitcoin is still very confusing for many people, especially with those who really love fiat money, they will definitely continue to say bitcoin is a scam blah blah blah. but there's no need to worry, even if bitcoin has groups that reject it, there will always be people who support and support bitcoin and that's what makes bitcoin stay strong.



BIG WINNER!
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
OrangeII
Hero Member
*****
Offline Offline

Activity: 2072
Merit: 503


#SWGT PRE-SALE IS LIVE


View Profile
August 23, 2023, 05:09:11 AM
 #106

The total number of bitcoins is 21 million, and according to Google, the world's population in 2021 will be 7.8 billion people. if we partition bitcoin, then each person can have approximately 0.002 BTC for each person. these are just raw calculations, without really accurate data. However, we know that it is possible for bitcoins to be shared for every person in the world. it's just, the real point is people are going to be trying to get as much bitcoin as they can get their hands on, and you can get bitcoin for a lot of money when everybody's using it.


.SWG.io.













..Pre-Sale is LIVE at $0.15..







..Buy Now..







``█████████████████▄▄
``````▄▄▄▄▄▄▄▄▄▄▄▄████▄
````````````````````▀██▄
```▀▀▀▀``▀▀▀▀▀▀▀▀▀▀▀▄███
``````▄▄▄▄▄▄▄▄▄▄▄▄``▄███
``▄▄▄▄▄▄▄```▄▄▄▄▄``▄███
``````````````````▄██▀
```````````████████████▄
````````````````````▀▀███
`````````▀▀▀▀▀▀▀▀▀▀▀▀▄████
```▄▄▄``▄▄▄▄▄▄▄▄▄▄`````███
`▄▄▄▄▄▄▄▄▄``▄▄▄▄▄▄`````███
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀████
```````````````````▄▄████
``▀▀▀▀▀``▀▀▀▀▀▀▀▀▀█████
██``███████████████▀▀

FIRST LISTING
..CONFIRMED..






Reatim
Sr. Member
****
Offline Offline

Activity: 2828
Merit: 359


Eloncoin.org - Mars, here we come!


View Profile
August 23, 2023, 05:36:05 AM
 #107

21 million bitcoin might not be completely available as there are so many of those that had  been lost in the air but the best thing here is that Bitcoin is divisible buy satoshi and that is the best part.

there are even saying that 1 satoshi will be 1 dollar in the future, imagine how much you can hold and gain having 0.001 bitcoin?
this must be the best investing tools people might have in their entire life.









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
Mars,           
here we come!
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
ElonCoin.org.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"

▬▬▬▬▬
mendace
Sr. Member
****
Offline Offline

Activity: 462
Merit: 616


Pizza Maker 2023 | Bitcoinbeer.events


View Profile WWW
August 23, 2023, 10:39:17 PM
 #108

21 million bitcoin might not be completely available as there are so many of those that had  been lost in the air but the best thing here is that Bitcoin is divisible buy satoshi and that is the best part.

there are even saying that 1 satoshi will be 1 dollar in the future, imagine how much you can hold and gain having 0.001 bitcoin?
this must be the best investing tools people might have in their entire life.

I don't know if a single satoshi can in the future have the ability to buy a dollar today but suppose this is true then today with just 100 dollars you would become a millionaire and if not you your children or grandchildren.  It would certainly be the best investment that could be made.
uneng
Hero Member
*****
Offline Offline

Activity: 2030
Merit: 779


Leading Crypto Sports Betting & Casino Platform


View Profile
August 23, 2023, 11:08:43 PM
 #109

21 million bitcoin might not be completely available as there are so many of those that had  been lost in the air but the best thing here is that Bitcoin is divisible buy satoshi and that is the best part.

there are even saying that 1 satoshi will be 1 dollar in the future, imagine how much you can hold and gain having 0.001 bitcoin?
this must be the best investing tools people might have in their entire life.
With high demand, there will be always Bitcoin adopters willing to sell their holdings for profit. So it's the opportunity for those who don't have any coins to start accumulating their satoshis. They just have to be skilled at electronic devices and internet to set up wallets, create accounts at exchanges and to buy and sell Bitcoin.

For that reason, I don't think everyone can have Bitcoin, as there is still a high number of illiterate people in the world, especially regards the virtual world and the foreigner universal language, which is English.

Maybe in some decades this scenario will change, but by there that is what we know so far, consequently making it harder for BTC adoption to grow considerably among the masses.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Blitzboy
Hero Member
*****
Offline Offline

Activity: 1218
Merit: 556


Leading Crypto Sports Betting & Casino Platform


View Profile
August 24, 2023, 05:07:49 PM
 #110

21 million bitcoin might not be completely available as there are so many of those that had  been lost in the air but the best thing here is that Bitcoin is divisible buy satoshi and that is the best part.

there are even saying that 1 satoshi will be 1 dollar in the future, imagine how much you can hold and gain having 0.001 bitcoin?
this must be the best investing tools people might have in their entire life.
With high demand, there will be always Bitcoin adopters willing to sell their holdings for profit. So it's the opportunity for those who don't have any coins to start accumulating their satoshis. They just have to be skilled at electronic devices and internet to set up wallets, create accounts at exchanges and to buy and sell Bitcoin.

For that reason, I don't think everyone can have Bitcoin, as there is still a high number of illiterate people in the world, especially regards the virtual world and the foreigner universal language, which is English.

Maybe in some decades this scenario will change, but by there that is what we know so far, consequently making it harder for BTC adoption to grow considerably among the masses.
Im not surprised by this blinkered perspective. You're right: BTC adoption relies on literacy and knowledge. But guess what? Just as humanity evolved from nomads to agriculturalists, from kingdoms to nations, it will also evolve in terms of digital literacy. Its an inexorable march of progress!

The elderly? Yes, they might not get the nuance of blockchain now, but with platforms like the internet bridging knowledge gaps, it won't be long before even your 80-year-old grandma knows how to move sats around.

The constraints of language and literacy? Temporary blips on the grand timeline of humanity. English, the so-called "universal" language, is just a present-day tool. Platforms are already emerging to break these barriers.

Dont undermine humanity's adaptability. Bitcoin's adoption may seem constrained now, but to suggest its limited by today's literacy issues is a narrow view. History has shown us time and again: humanity adapts and evolves. So will its relationship with Bitcoin.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
radjie
Sr. Member
****
Offline Offline

Activity: 1792
Merit: 264


View Profile
August 24, 2023, 05:58:54 PM
 #111


My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?


Of course, this is unlikely to happen with the limited amount of supply that has been set.  And another reason, Bitcoin is not a legal currency so most governments still have rules if Bitcoin cannot be used as a legal means of transaction.
Mr.suevie
Sr. Member
****
Offline Offline

Activity: 518
Merit: 327



View Profile WWW
August 25, 2023, 01:44:50 AM
 #112

.
My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?

From my thought own thoughts of things I don't think it's even possible for everyone to actually have bitcoin in their possession and it's not a matter of the limitation of 21million bitcoin available because I believe in bitcoin figure there are smaller units called the satoshi which if you actually calculate a person to a fraction of satoshi it will be more than enough to cover everyone there but my reason if saying everyone isn't going to have bitcoin is because we are humans and having bitcoin is a choice and the power to choose wrongly is always there as an option for many and many people will definitely go for that.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBITCRYPTO
FUTURES
[
1,000x
LEVERAGE
][
.
COMPETITIVE
FEES
][
INSTANT
EXECUTION
]██████
██
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████████████████████████████
.
TRADE NOW
.
████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
laurenB7742
Full Member
***
Offline Offline

Activity: 1302
Merit: 128


Vaccinized.. immunity level is full.


View Profile
August 25, 2023, 02:02:28 AM
 #113

21 million bitcoin might not be completely available as there are so many of those that had  been lost in the air but the best thing here is that Bitcoin is divisible buy satoshi and that is the best part.

there are even saying that 1 satoshi will be 1 dollar in the future, imagine how much you can hold and gain having 0.001 bitcoin?
this must be the best investing tools people might have in their entire life.
With high demand, there will be always Bitcoin adopters willing to sell their holdings for profit. So it's the opportunity for those who don't have any coins to start accumulating their satoshis. They just have to be skilled at electronic devices and internet to set up wallets, create accounts at exchanges and to buy and sell Bitcoin.

For that reason, I don't think everyone can have Bitcoin, as there is still a high number of illiterate people in the world, especially regards the virtual world and the foreigner universal language, which is English.

Maybe in some decades this scenario will change, but by there that is what we know so far, consequently making it harder for BTC adoption to grow considerably among the masses.

But when bitcoin is accepted by governments and widely available, things will become easier. There will always be a solution in every country to make bitcoin accessible to everyone. Just like the internet or smartphones, it used to be a barrier for many people but over time everything became commonplace. You can see that anyone can use the phone even the most illiterate or the oldest. That shouldn't be a barrier but I think the high price will be a problem for many people.

███████ ███████        R O L L B I T        CRYPTO'S MOST INNOVATIVE CASINO        [ PLAY NOW ]        ███████ ███████
//     TRADE RLB NOW!     //
███████ ███████ ███████            OFFICIAL EUROPEAN BETTING PARTNER OF SSC NAPOLI           ███████ ███████ ███████
Husseysamuel
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
August 25, 2023, 09:29:40 AM
 #114

Yes, theoretically, everyone in the world can have Bitcoin. Bitcoin is a decentralized digital currency that operates on a global peer-to-peer network. As long as individuals have access to the internet and the necessary technology (like a computer or a smartphone), they can participate in the Bitcoin network by creating a wallet and acquiring Bitcoin.
Texac
Hero Member
*****
Offline Offline

Activity: 2212
Merit: 513


Vave.com - Crypto Casino


View Profile
August 25, 2023, 10:49:44 AM
 #115


My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?


Of course, this is unlikely to happen with the limited amount of supply that has been set.  And another reason, Bitcoin is not a legal currency so most governments still have rules if Bitcoin cannot be used as a legal means of transaction.


Yes, currently there are still many barriers for people to access bitcoin.  but in the future, when it is recognized by the government and they are common to the people, everyone can access bitcoin.  although it has a rather limited supply compared to our world population, as many others have said, we don't necessarily buy 1 bitcoin, we have one unit of Satoshi. so in my opinion, anyone can own bitcoin, but the question is whether they want it or not because to get bitcoin, we need money.

Negotiation
Sr. Member
****
Offline Offline

Activity: 1050
Merit: 264


Need a Helping hand? https://tinyurl.com/2p94uabm


View Profile WWW
August 25, 2023, 11:50:21 AM
 #116

Yes, theoretically, everyone in the world can have Bitcoin. Bitcoin is a decentralized digital currency that operates on a global peer-to-peer network. As long as individuals have access to the internet and the necessary technology (like a computer or a smartphone), they can participate in the Bitcoin network by creating a wallet and acquiring Bitcoin.
Bitcoin is a digital currency that is revolutionizing the traditional monetary system. Unlike conventional currencies, it is decentralized and not under the control of a central authority. Bitcoin is a limitless currency that enables anyone to send money easily and quickly, virtually anywhere in the world. The revolutionary technology behind this digital currency has made it one of the most talked about topics in the financial world. But many countries around the world do not support Bitcoin so its supply is limited.

.
SPIN

       ▄▄▄██████████▄▄▄
     ▄███████████████████▄
   ▄██████████▀▀███████████▄
   ██████████    ███████████
 ▄██████████      ▀█████████▄
▄██████████        ▀█████████▄
█████████▀▀   ▄▄    ▀▀▀███████
█████████▄▄  ████▄▄███████████
███████▀  ▀▀███▀      ▀███████
▀█████▀          ▄█▄   ▀█████▀
 ▀███▀   ▄▄▄  ▄█████▄   ▀███▀
   ██████████████████▄▄▄███
   ▀██████████████████████▀
     ▀▀████████████████▀▀
        ▀▀▀█████████▀▀▀
.
RIUM
.
███
███
███
███
███
███
███
███
███
███
███
███
SAFE GAMES
WITH WITHDRAWALS
       ▄▀▀▀▀▀▀▄▄▄▄
 ▄▀▀▀▀▀▀▀▀▀▀▀▀▄  ▀▀▄
█    ▄         █   ▀▌
█   █ █        █    ▌
█      ▄█▄     █   ▐
█     ▄███▄    █   ▌
█    ███████   █  ▐
█    ▀▀ █ ▀▀   █  ▌
█     ▄███▄    █ ▐
█              █▐▌
█        █ █   █▌
 ▀▄▄▄▄▄▄▄▄█▄▄▄▀
       ▄▀▀▀▀▀▀▄▄▄▄
 ▄▀▀▀▀▀▀▀▀▀▀▀▀▄  ▀▀▄
█    ▄         █   ▀▌
█   █ █        █    ▌
█      ▄█▄     █   ▐
█     ▄███▄    █   ▌
█    ███████   █  ▐
█    ▀▀ █ ▀▀   █  ▌
█     ▄███▄    █ ▐
█              █▐▌
█        █ █   █▌
 ▀▄▄▄▄▄▄▄▄█▄▄▄▀
.
███
███
███
███
███
███
███
███
███
███
███
███
▄▀▀▀











▀▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
SIGN UP


▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▄











▄▄▄▀
View ArchiveReport to moderator
goldkingcoiner
Legendary
*
Offline Offline

Activity: 2044
Merit: 1711


Verified Bitcoin Hodler


View Profile WWW
August 25, 2023, 12:06:04 PM
 #117

As far as I understand it, there is no way to divide a Satoshi into multiple parts, therefore if the human population was a greater number than all the satoshis in the world, then it would not be possible for everyone in the world to own Bitcoin. But that's unrealistic if you think about how many satoshis there are. More realistic would be to say that not everyone in the world can own 1 BTC or more, since there are only 21 million that can exist. This is a good thing since the value of Bitcoin will keep going up and will never be subjected to inflation.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
Pandu Geddon
Hero Member
*****
Offline Offline

Activity: 840
Merit: 590


Bons.io Telegram Casino


View Profile
August 25, 2023, 12:09:21 PM
 #118

Yes, theoretically, everyone in the world can have Bitcoin. Bitcoin is a decentralized digital currency that operates on a global peer-to-peer network. As long as individuals have access to the internet and the necessary technology (like a computer or a smartphone), they can participate in the Bitcoin network by creating a wallet and acquiring Bitcoin.
Bitcoin is a digital currency that is revolutionizing the traditional monetary system. Unlike conventional currencies, it is decentralized and not under the control of a central authority. Bitcoin is a limitless currency that enables anyone to send money easily and quickly, virtually anywhere in the world. The revolutionary technology behind this digital currency has made it one of the most talked about topics in the financial world. But many countries around the world do not support Bitcoin so its supply is limited.

does not support as a means of payment that allows replacing fiat worldwide. that's the problem right now. but some countries are open to ownership of Bitcoin as an asset. so everyone can have it, all over the world that allows the internet to reach.
this is what changed the world's view of Bitcoin. which originally wanted to be a solution to freedom in the world financial system. in fact now the focus of some people is to have Bitcoin as an asset, not to use Bitcoin as a means of payment like Fiat.


        █████████████████      ███████████████    ██████████  ████████    █████████████
    █    ███████   ███████  ████████      █████  ███████████ ████████    ██████   ██████ 
        █████████   ███████  ████████      █████  ████████████████████  ████████   ▀▀▀▀▀▀
   ▅▅  ████████   ███████  ████████      █████  ████████████████████  ████████
  █  ▀▀  ████████████████    ████████      █████  ████████████████████    ██████████████
     ▅▅████████   ███████  ████████      █████  ████████████████████              █████   
       ▀▀████████   ███████  ████████      █████  ████████████████████  ▄▄▄▄▄▄      █████
▅▅▅▅▄ ████████   ███████  ████████      █████  ████████ ███████████  ▀▀██████████████
        █████████████████     ████████████████   ████████ ███████████    ▀▀▀██████████


Your Intro
Telegram Casino
to Fun & Entertainment
The Next-Gen
Gaming Space
     ▃▃▃▃▃▃▃▃▃▃▃▃▃
  ▄▄█████████████▄▄
██▀               ▀████▄
                       ██
   ██            ■■    ██
 ██████        ■■  ■■  ███
   ██    ▀ ▀     ■■    ███     
     ▃▃▃▃▃▃▃▃▃▃        ██
    █████████████      ██
    ██          ████████▀
████▀           ▀█████▀
Hypnosis00
Sr. Member
****
Offline Offline

Activity: 2352
Merit: 339



View Profile
August 25, 2023, 12:16:24 PM
 #119

Can be possible yes but less possible. Why? I was talking about those very poor people who can't really afford to buy gadgets and those people who can't really make investment as their priority, we can't expect them.

Because what I see Bitcoin is just for those who are capable enough to spend their money and risk it. In fact, even rich people had ignore Bitcoin knowing that they can afford to have it but because of its risk and its volatility, many people will remain doubtful and are unwilling to invest.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
Peanutswar
Legendary
*
Offline Offline

Activity: 1540
Merit: 1058


Top Crypto Casino


View Profile WWW
August 25, 2023, 02:01:15 PM
 #120

If you are specifying with a small portion of the bitcoin which is the satoshi, people can have this even just a small amount as long as the supply of the bitcoin is not yet cut until becomes limited people still have the capability to buy, but if you are referring to a 1 BTC itself few people only have this single value or even large number of it which is the whales can be included even the bitcoin is decentralized whales have the chance to manipulate the price of it but again we are talking about the Bitcoin not the value.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
Wiwo
Hero Member
*****
Offline Offline

Activity: 1050
Merit: 681


View Profile WWW
August 25, 2023, 07:56:42 PM
 #121

Yes, theoretically, everyone in the world can have Bitcoin. Bitcoin is a decentralized digital currency that operates on a global peer-to-peer network. As long as individuals have access to the internet and the necessary technology (like a computer or a smartphone), they can participate in the Bitcoin network by creating a wallet and acquiring Bitcoin.
When we talk about bitcoin distributions the quantum of bits is available to go around the entire world population but I think this is not what the ops are trying to bring out here I believe he is talking about bitcoin adoption as a global financial tool,  which brings us to the reality that not everyone will use or adopt bitcoin because we have a large portion of the global population still unbanked and living without internet or any device to hold bitcoin at all.

nurilham
Sr. Member
****
Offline Offline

Activity: 1442
Merit: 436


duelbits.com


View Profile
August 25, 2023, 09:08:46 PM
 #122

Of course, this is unlikely to happen with the limited amount of supply that has been set.
I think the limited amount of Bitcoin supply isn't an obstacle, people can buy in a small number (in mBTC, or in Satoshi in the future).
If the price of Bitcoin is always growing, it is possible that someday 1 Satoshi is valued 1 dollar. And in the exchanges, people may buy Bitcoin with the small number in Satoshi. However, it is just our speculation that 1 Satoshi of BTC can be more expensive in the next few years.

And another reason, Bitcoin is not a legal currency so most governments still have rules if Bitcoin cannot be used as a legal means of transaction.
Bitcoin is still not a legal currency or not a legal investment in several countries in the world. If the government bans BTC, people have no chance to own it. Moreover, when the governments declare that people who try to own it to be punished and their BTC will be confiscated by the government. So, people have no intention to own it, people don't want to waste their money in BTC.


.
Duelbits
█▀▀▀▀▀











█▄▄▄▄▄▄▄
TRY OUR
  NEW  UNIQUE
GAMES!
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
DICE 
.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
███████████████████████████████
███▀▀                     ▀▀███
███    ▄▄▄▄         ▄▄▄▄    ███
███   ██████       ██████   ███
███   ▀████▀       ▀████▀   ███
███                         ███
███                         ███
███                         ███
███   ▄████▄       ▄████▄   ███
███   ██████       ██████   ███
███    ▀▀▀▀         ▀▀▀▀    ███
███▄▄                     ▄▄███
███████████████████████████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
MINES 
.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
███████████████████████████████
████████████████████████▄▀▄████
██████████████▀▄▄▄▀█████▄▀▄████
████████████▀ █████▄▀████ █████
██████████      █████▄▀▀▄██████
███████▀          ▀████████████
█████▀              ▀██████████
█████                ██████████
████▌                ▐█████████
█████                ██████████
██████▄            ▄███████████
████████▄▄      ▄▄█████████████
███████████████████████████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
PLINKO 
.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
███████████████████████████████
█████████▀▀▀       ▀▀▀█████████
██████▀  ▄▄███ ███      ▀██████
█████  ▄▀▀                █████
████  ▀                    ████
███                         ███
███                         ███
███                         ███
████                       ████
█████                     █████
██████▄                 ▄██████
█████████▄▄▄       ▄▄▄█████████
███████████████████████████████
10,000x
MULTIPLIER
▀▀▀▀▀█











▄▄▄▄▄█
irhact
Hero Member
*****
Offline Offline

Activity: 616
Merit: 749



View Profile
August 26, 2023, 03:31:54 PM
 #123

I think can everyone in the world have bitcoin. If Bitcoin quantity is limited. But if everyone understand about bitcoin and able to creat It's usability then bitcoin will be available everywhere. Recently we saw many Super shop, Bank, Hotel are accepting Bitcoin. So to fulfil our basic need we have to use Bitcoin today or tomorrow. As Bitcoin quantity is limited But i think everyone will have small amount of Bitcoin that are not so far. Everyone will use it for his need. So i think Can everyone in the world have bitcoin.

We have 21 million Bitcoin so if everyone wanted to have 1 Bitcoin we can't have more than 21 million holders but every individual can't afford to buy one bitcoin now and when bitcoin increase in the future more individual won't be able to afford owning one bitcoin but they'll buy as their money can buy which means they'll be owning a fraction of the one bitcoin. Millions of individual can decide to own 0.1mBTC or lesser amount and that'll mean more individual can own bitcoin by buying lower amount.

In the future Bitcoin would be used for transactions globally and more individual will get to benefits from using Bitcoin and this will bring about more adoption which will increase the price of Bitcoin, now is the perfect time to accumulate bitcoin not in the future.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
Smartgoat
Jr. Member
*
Offline Offline

Activity: 78
Merit: 6


View Profile
August 27, 2023, 04:27:25 AM
 #124

the answer is no, remember BTC is a digital currency. there are many people in some rural areas that have not hard about it before. what of some old men and women that can not handle phone talks of to trade BTC. BTC is 21 million, why the world population is far more than 21million.  so everyone cannot have BTC.
Shumyl
Member
**
Offline Offline

Activity: 110
Merit: 10

Pepemo.vip


View Profile
August 27, 2023, 07:23:30 AM
 #125

Absolutely Not, Because some younger people can't understand Bitcoin, and some older also can't understand Bitcoin and some people can't afford to buy Bitcoin. That's why everyone in the world doesn't have Bitcoin.

▬▬▬▬[ PEPEMO.VIP || Unite with the PepeMo-vement!  ]▬▬▬▬▬
Yamifoud
Hero Member
*****
Offline Offline

Activity: 2744
Merit: 517


★Bitvest.io★ Play Plinko or Invest!


View Profile
August 27, 2023, 07:45:49 AM
 #126

Absolutely Not, Because some younger people can't understand Bitcoin, and some older also can't understand Bitcoin and some people can't afford to buy Bitcoin. That's why everyone in the world doesn't have Bitcoin.
Well, if you are talking about poor people, yes they are less fortunate and we can think they can't. But if we talk about young people, you can never say NO to them because this time they are ignoring Bitcoin and have no interest, yet it can be changed. As Bitcoin keeps on growing, we can't just say that people will ignore this but for sure, the time will come when they get through it and invest. In fact, just comparing ourselves before, investing in Bitcoin is not on our mind but now, we are even spreading information and good news about Bitcoin. And this will also happen to young people who you taught that they never understand Bitcoin.



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
big kid
Member
**
Offline Offline

Activity: 324
Merit: 13


View Profile
August 27, 2023, 08:26:03 AM
 #127

It's possible in theory since BTC can easily be divided. But most likely that's not gonna happen. Some just won't use it anyway. And don't forget that whales are holding thousands of coins. And we don't know how much is actually lost forever.
Blitzboy
Hero Member
*****
Offline Offline

Activity: 1218
Merit: 556


Leading Crypto Sports Betting & Casino Platform


View Profile
August 27, 2023, 01:36:56 PM
 #128

I think can everyone in the world have bitcoin. If Bitcoin quantity is limited. But if everyone understand about bitcoin and able to creat It's usability then bitcoin will be available everywhere. Recently we saw many Super shop, Bank, Hotel are accepting Bitcoin. So to fulfil our basic need we have to use Bitcoin today or tomorrow. As Bitcoin quantity is limited But i think everyone will have small amount of Bitcoin that are not so far. Everyone will use it for his need. So i think Can everyone in the world have bitcoin.

We have 21 million Bitcoin so if everyone wanted to have 1 Bitcoin we can't have more than 21 million holders but every individual can't afford to buy one bitcoin now and when bitcoin increase in the future more individual won't be able to afford owning one bitcoin but they'll buy as their money can buy which means they'll be owning a fraction of the one bitcoin. Millions of individual can decide to own 0.1mBTC or lesser amount and that'll mean more individual can own bitcoin by buying lower amount.

In the future Bitcoin would be used for transactions globally and more individual will get to benefits from using Bitcoin and this will bring about more adoption which will increase the price of Bitcoin, now is the perfect time to accumulate bitcoin not in the future.
The potency of Bitcoin cannot be denied. Is it not all about mathematics? There are exactly 21 million Bitcoins. Limited in number. Physically manifest. Contrary to the continuous printing of paper currencies!

Even a fragment of this cryptocurrency pie is available to everyone, regardless of their financial standing. To ride the surge, you do not need a full Bitcoin. Grab your surfboard and ride whatever portion of the wave you can afford.

Bitcoin for international trade? Yes, indeed! Imagine purchasing a hot dog in New York, then a taco in Mexico City, and maybe even a croissant in Paris, all with Bitcoin! It is an international language, friend. And I have to give you credit, the future is bright, and the early bird catches the worm. Not tomorrow, but today is the moment! Together, lets change the world by purchasing that Bitcoin.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
BVeyron
Hero Member
*****
Offline Offline

Activity: 1652
Merit: 941


#SWGT CERTIK Audited


View Profile
September 09, 2023, 05:57:04 PM
 #129

I know that the reason why we need to tell people about bitcoin is to spread the awareness of bitcoin,so that more people will adopt bitcoin so that it can be recognised and use by everyone just the way fiat is used. This will make bitcoin value to increase due to its volatile nature and the price is been controlled by demand and supply. Bitcoin is limited in number as we all know that we only have 21million bitcoin.

I have been wondering as a newbie with little knowledge on bitcoin that how is it possible for everyone in the world to own some fraction of bitcoin with the limited number just like the way everyone is using fiat.  Is it that these 21million bitcoin will be enought to serve the world with a total population of 8.1 billion because I know that we have whales who will buy a huge amount of bitcoin and just store it in their wallet without using it,just the way the rich men and politicians keep so much funds in their account or at home without spending it. I also notice that one country can't print the currency that the whole world is using but various countries printed their own currency. Another thing that I noticed so many investors prefer to holdli their bitcoin which might make it not sufficient for everyone.

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?


It's possible, since there are lots of Satoshi, so money supply would be OK if BTC becomes worldwide popular. This is also the mechanism to avoid inflation: the maximum limit af all the money available. However, there are other problems. First, money holders are able to control inflation if their actions are centralised. Secondly, many wallets are lost forever, and the number of lost wallets is increasing, so, at some point, after all the BTC are mined, we will have continuously decreasing amount of money (instead of fixed amount of money, as it was meant to be). In case of high adoption level and high popularity of BTC it would also be a trouble.

SatoPrincess
Hero Member
*****
Offline Offline

Activity: 980
Merit: 711



View Profile
September 09, 2023, 06:21:04 PM
 #130

You’re right, there are exactly 21 million Bitcoins in existence. The big corporations are also buying bitcoins in large amounts, and so are regular people. That’s why it’s important to buy bitcoins now that it is affordable because scarcity will increase the price. Even though bitcoin is not widely used as a currency, I believe before the 21 million is reached, bitcoin would have become so popular and accepted by businesses that it would be nearly impossible not to have Satoshis.

███▄▀██▄▄
░░▄████▄▀████ ▄▄▄
░░████▄▄▄▄░░█▀▀
███ ██████▄▄▀█▌
░▄░░███▀████
░▐█░░███░██▄▄
░░▄▀░████▄▄▄▀█
░█░▄███▀████ ▐█
▀▄▄███▀▄██▄
░░▄██▌░░██▀
░▐█▀████ ▀██
░░█▌██████ ▀▀██▄
░░▀███
▄▄██▀▄███
▄▄▄████▀▄████▄░░
▀▀█░░▄▄▄▄████░░
▐█▀▄▄█████████
████▀███░░▄░
▄▄██░███░░█▌░
█▀▄▄▄████░▀▄░░
█▌████▀███▄░█░
▄██▄▀███▄▄▀
▀██░░▐██▄░░
██▀████▀█▌░
▄██▀▀██████▐█░░
███▀░░
tokyohd
Member
**
Offline Offline

Activity: 352
Merit: 18

Pepemo.vip


View Profile
September 10, 2023, 04:39:37 AM
 #131

My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?
[/quote]
No, it is not possible for everyone to own a whole Bitcoin due to the limited supply. Bitcoin has a maximum supply of 21 million coins! So it is impossible for everyone in the world to have one bitcoin.

HONDACD125
Sr. Member
****
Offline Offline

Activity: 378
Merit: 294


#SWGT PRE-SALE IS LIVE


View Profile WWW
September 10, 2023, 05:09:35 AM
 #132


No, it is not possible for everyone to own a whole Bitcoin due to the limited supply. Bitcoin has a maximum supply of 21 million coins! So it is impossible for everyone in the world to have one bitcoin.


It is true that the supply is limited to only 21 million and if you look at the entire world's population and divide the Bitcoin by that, it seems impossible. On the other hand, big companies and big capitalists have invested in Bitcoin and bought a large number of Bitcoins. I don't think they will easily sell their bought Bitcoin. Its price should also be considered whether it can be bought by everyone.


The most important thing is that no one can get Bitcoin for free, rather Bitcoin can be purchased by investing a large sum of money. There are people in the world who can't even buy a fraction of Bitcoin and the majority don't know anything about Bitcoin, so it won't be easy to convince them to buy Bitcoin. So keeping all these things in mind. , it can be said that it is impossible for everyone to get Bitcoin.


.SWG.io.













█▀▀▀










█▄▄▄

▀▀▀█










▄▄▄█







█▀▀▀










█▄▄▄

▀▀▀█










▄▄▄█







``█████████████████▄▄
``````▄▄▄▄▄▄▄▄▄▄▄▄████▄
````````````````````▀██▄
```▀▀▀▀``▀▀▀▀▀▀▀▀▀▀▀▄███
``````▄▄▄▄▄▄▄▄▄▄▄▄``▄███
``▄▄▄▄▄▄▄```▄▄▄▄▄``▄███
``````````````````▄██▀
```````````████████████▄
````````````````````▀▀███
`````````▀▀▀▀▀▀▀▀▀▀▀▀▄████
```▄▄▄``▄▄▄▄▄▄▄▄▄▄`````███
`▄▄▄▄▄▄▄▄▄``▄▄▄▄▄▄`````███
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀████
```````````````````▄▄████
``▀▀▀▀▀``▀▀▀▀▀▀▀▀▀█████
██``███████████████▀▀

FIRST LISTING
CONFIRMED






fruktik
Sr. Member
****
Offline Offline

Activity: 966
Merit: 435


Top Crypto Casino


View Profile
September 10, 2023, 05:29:40 AM
 #133

the answer is no, remember BTC is a digital currency. there are many people in some rural areas that have not hard about it before. what of some old men and women that can not handle phone talks of to trade BTC. BTC is 21 million, why the world population is far more than 21million.  so everyone cannot have BTC.
In my country, in many rural settlements there is not even a cellular connection, and you can completely forget about the Internet. Well, how can such people even find out about the existence of Bitcoin? Everything is much sadder here. A lot of people do not have access to the World Wide Web. What kinds of crypto purchases are we talking about? Civilization has bypassed many places on Earth.
Naturally, with the deflationary model of Bitcoin, the price of this coin will only increase. Demand will also not go away and will become much greater than it is today.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
CASINO
.
SPORTS
.
RACING
OFFICIAL PARTNER OF
Argentina NT
CLOUD9
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
Gyfts
Legendary
*
Offline Offline

Activity: 2758
Merit: 1512


View Profile
September 10, 2023, 07:05:26 AM
 #134

21M total coins is an arbitrary number and the number of total coins in existence is irrelevant. If there was a point in time that demand was so high that Bitcoin was a global currency, the value of each coin goes up because the total possible supply remains stagnant.

Say everyone's coins were halved tomorrow. Would that make any difference if the purchasing power of one bitcoin were doubled? No.
icalical
Sr. Member
****
Offline Offline

Activity: 1372
Merit: 268


Graphic & Motion Designer


View Profile WWW
September 10, 2023, 12:38:41 PM
 #135

If the question is whether or not Bitcoin is enough for every person in this planet, then the answer is of course yes, a simple supply and demand rules if everyone wants bitcoin the value will increase so even owning a few Satoshi is enough for monthly expenses, so it will always be enough. But if the question is whether everyone can have a bitcoin, for now probably not, there are some countries that Bans bitcoin, the people definitely shouldn't own Bitcoin, some area don't have any supporting market/exchange for Bitcoin so owning bitcoin is pointless, some area doesn't even have a reliable internet connection so may doesn't even have any idea what is Bitcoin.

Pages: 1 2 3 4 5 6 7 [All]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!