Can everyone in the world have bitcoin.

[serjent05]

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.

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[summonerrk]

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.

[Obari]

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.

[lousie9]

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.

[bayu7adi]

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]

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]

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.

[HONDACD125]

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.

[LogitechMouse]

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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.

[wxa7115]

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.

[Oasisman]

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.

[Blitzboy]

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

[Inwestour]

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]

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.

[GeorgeJohn]

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.

[Flexystar]

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]

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.

[Negotiation]

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.

[tranthidung]

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!

[leonair]

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