Can everyone in the world have bitcoin.

[lalabotax]

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.

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[famososMuertos]

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.

[jeraldskie11]

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.

[anjiitem]

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]

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.

[AmoreJaz]

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.

[usekevin]

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]

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]

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.

[Smartvirus]

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.

[serjent05]

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.

[Asuspawer09]

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.

[GreatArkansas]

(.......)
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.

[rikybrosh]

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]

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]

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.

[Bitcoin_people]

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.

[Stella Mese]

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]

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.

[Bazzu]

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.