How many satoshis are there per person in the world?

[BlackBoss_]

A simple but cool website https://satoshisperperson.com/

It gives you basic information:
234,566.0379  satoshis per person equivalent to U$ 158.50

World Population: 8,257,003,090
Bitcoin Supply: 19,368,125
Bitcoin Price: $ 67,573.51
1 Dollar Worth 1480 sats

At top of the site, you can click on Convert to Bitcoin and get
0.002345660014 bitcoins per person.

93.56% of Bitcoin total supply was mined so far.
https://coinmarketcap.com/currencies/bitcoin/

Another chart for Satoshi per dollar.
https://charts.bitbo.io/satoshi-per-dollar/

[Poker Player]

I see an underlying assumption here that I don't agree with: that tomorrow everyone will be using Bitcoin, so let's see how much it would cost if we split it evenly. I believe that in the future the majority use will continue to be, as it is today, as an investment, as an enhanced digital gold. And, since not everyone has investments and not everyone has gold, I think the same thing will happen with Bitcoin. In addition, as with everything, there will be people who will own and others who will own less, as happens now.

[m2017]

World Population: 8,257,003,090
Bitcoin Supply: 19,368,125
Bitcoin Price: $ 67,573.51
1 Dollar Worth 1480 sats

These are hypothetical calculations and figures, because all values do not have a constant value and change almost every second.

- The world population is growing in the long term.
- The number of bitcoin will grow up to a certain point, but in parallel some part will “disappear” due to loss of access to wallets (this will happen partially). Also, the indicated amount is already incorrect, because several million bitcoins are temporarily (or permanently) removed from the general circulation.
- Bitcoin price (as everyone knows) is very volatile.

Therefore, for 1 dollar will give a completely different amount of satoshis per unit of time. Accordingly, each person (hypothetically) will have a completely different amount of satoshis in the same unit of time.

These are all theoretical calculations and there will not be an almost uniform distribution of satoshis among all the inhabitants of the world, because a clear imbalance is already emerging when whales have hundreds and thousands of bitcoins in their possession (or even more), and ordinary users have hundreds and thousands, but already satoshis.

[bluebit25]

234,566.0379  satoshis per person

Anyway, thank you for sharing, but I really don't understand the message from it.

And the world number is not fixed, I don't remember exactly, but I can search somewhere on the web, about when bitcoin launched, how many people there are in the world, and the present, the future.

So this calculation doesn't make much sense to me, because I also know about decentralization but most of the bitcoins are kept in the pockets of whales so there's no need to think about everyone getting an equal share bitcoin.

[MFahad]

That's good info, but these don't make much sense in my opinion because just like wealth in the world, Bitcoin is never going to be evenly distributed among the world population, and there will always be a group that will hold most of it, some will get their hands on some of it, and a large percentage would have nothing at all and this percentage is the poor population of the world that don't even have access to basic facilities, the internet and electronic devices are a far thing.
So, such stats are good just for the records but things like these are never going to be justifiable because we are not going to see that happen at all.

[franky1]

here is a better thought experiment for you. to then use as a primer to then engineer a better "how many bitcoin per person" scenario

everyone thinks USdollar is the world leading currency of the world
but how many people of the world actually use and hoard USdollar

its not 8billion
its not 800m
its more like 400m (majority are just the americans 335m)

so dont use a 'if everyone had bitcoin how many sats would they equally get if shared equally'..
but instead assume a 5% of population (400m of 8billion pop)

so lets use 400m as a fair number.. (seeing as if you add up the published revelations of user accounts totals on exchanges is nearly getting to that number already)

19.4m  btc / 400m pop = 0.0485btc per person as a reasonable hoard per population
if you own more then this 0.0485btc level of btc. consider yourself ahead of the game (better than the average)

[electronicash]

wealth distribution has always been unfair for everyone. when you are born poor and turn into a self-made millionaire, you have done your job well in improving your life. to people with less opportunity, this is just a struggle, this is why we tend to migrate to other countries to work for it.

the internet is not even available in some parts of the country so i don't expect the adoption to spread quickly not everyone having 0.002 BTC.

[thecodebear]

I like that metric. If you do the total supply (21 mil btc or 2.1 quadrillion sats) divided by current pop (8.25 b) you get about 0.0025 btc or 250,000 sats, currently.

We should have some sort of unit of measuring bitcoin in which one unit is btc/population. So currently ~234,573 sats would be equal to one "bitcoin-person" or something haha. Then people could measure how much bitcoin they have against this metric of BTC per human.





I have barely bought bitcoin since 2019 cuz I retired off my bitcoin in 2019 and so no longer earn an income from working, but I do trade crypto during the bullish years of the market cycle so I do make some income... I think I might try to start to DCA either weekly according to this supply divided by global population metric - 250,000 sats each time, close to one bitcoin-person unit. Weekly would allow me to accumulate 0.13 btc per year which ain't bad. Thanks for the inspiration OP!

In fact, I just now started! Picked up my first new bitcoin-person (250,000 sats) at $68,900 just a few seconds ago. 

[PX-Z]

Nice website but those calculations and figures are all assumptions. Too many questions to mentions, the world population, bitcoin supply, even the bitcoin price as its very stable.
It's calculated to all population disregarding the age (young and old age) and knowledge of the person. Well, this is just example assumptions of figures on every person of the world so no need to believe such thing.

[Darker45]

It's a simple website indeed, but I don't know the purpose or relevance of it. Anybody can quickly compute it for himself/herself if he/she wants to know the numbers. I guess a website solely for such purpose is a bit superfluous.

Anyway, there might not come a time in the next century or two when every single person in the world owns Bitcoin, unless perhaps if Bitcoin becomes the legal tender in every country all over the world.

But the point is that there's always a Satoshi for everybody who's interested.

[franky1]

It's a simple website indeed, but I don't know the purpose or relevance of it.

its one of them primers for a psychological 'your rich if hoarding more than' game

its like inviting everyone to a party, like over 30 people. then you cut up the birthday cake or the pizza into 30 slices and then celebrate the person that got the biggest slice compared to average "woo he must be special to get the big slice"

by trying to cut the circulation by whole world its suppose to make people feel special if they have more then XX

however. in practical terms in all birthday parties there will always be a few people that dont want the cake/pizza so its not actually special to have a slightly bigger slice then average, because the cake has been sliced too thinly in the first place due to over exaggerating how many spices are needed

.. my previous post could have decided a population rationale of 1.4bill to compare to yuan or rupee.. but a fairer shot would be USD as its deemed the "world currency but only in real effect have a utility of 400m population not billions

so if you have more then 0.0485, then you are seen as better than the average hoarder

[thecodebear]

Yeah obviously its kinda arbitrary, because its not like everyone in the world is ever going to own Bitcoin. And meanwhile there are a lot of non-person entities that are going to own a ton of bitcoin, replacing billions of people, like corporations, govts, investment firms, etc.

Realistically we might say in the next 20-30 years maybe there will be another billion people who enter bitcoin and they are going to be competing to buy only a few million bitcoin.


But for simplicity this is nice. Its meaning is just that if you get above this small amount of Sats you are already above what the average could own if everyone owned bitcoin equally. So if you get multiples of that number you can think of yourself as taking up more and more 'people' out of the population who could own Bitcoin, and therefore you are getting more and more of an advantage on the average person when it comes to this extremely scarce and extremely valuable asset. And right now its a small enough value that at least for people in richer countries it could be a good first buy-in for anyone wanting to tip toe in into the market. And it's nice to think something along the lines of:  "oh Bitcoin is so scarce and I was lucky enough to get in fairly early so I already have 100 (or however many) people worth of bitcoin!" And with how valuable a whole bitcoin is these days, its kinda of a nice usable unit of measurement for bitcoin. A Sat is worth basically nothing, and hardly anyone who hasn't yet started buying Bitcoin will ever be able to get a whole bitcoin, but there are hundreds of millions of people in the world who don't own bitcoin yet who could easily buy this amount of bitcoin.

[YUriy1991]

A simple but cool website https://satoshisperperson.com/

Yes. The link above is a simple way to understand it and indeed fast adoption of Bitcoin is really needed now as a potential investment tool as well as a mode of payment in the future.

here is a better thought experiment for you. to then use as a primer to then engineer a better "how many bitcoin per person" scenario

I think your assumption is very logical if that is the case, just as we want to know the real number of internet users today and that is certainly relative and not evenly distributed depending on a number of knowledge factors, investment decisions and the personal financial availability of each individual.

[BlackBoss_]

Anyway, thank you for sharing, but I really don't understand the message from it.

And the world number is not fixed, I don't remember exactly, but I can search somewhere on the web, about when bitcoin launched, how many people there are in the world, and the present, the future.

So this calculation doesn't make much sense to me, because I also know about decentralization but most of the bitcoins are kept in the pockets of whales so there's no need to think about everyone getting an equal share bitcoin.

I know about assumptions with figures on that website. Many assumptions are there like the world population is not dynamic and real time update, it probably is updated regularly, not real time. Oppositely Bitcoin price is updated real time.

A big assumption is all people on the world will invest in Bitcoin, to make this calculated figure. This will never happen but this big assumption and the calculations give us a raw view on what will happen for each person if all world people will spend money to buy bitcoin.

Fortunately, because many people have yet invested in Bitcoin, we are early birds and can take advantage of it and accumulate Bitcoin with cheaper price than when more people will join this market.

[Poker Player]

wealth distribution has always been unfair for everyone.

Well, no, it hasn't been. In open societies that allow private initiative to drive the economy, have a strong legal system and low taxes, the distribution of wealth has been mostly a result of the effort, talent and dedication of each human being. Those who speak of an injustice in the distribution of wealth dream of totalitarian regimes like the USSR or China in the 20th century. If we want more recent examples, let us look at the example of Venezuela and we will see how this tale of redistribution of wealth ends.

All this without taking into account that those who talk about this bullshit consider wealth as a pie, as something static, instead of something that is in constant movement, that is created or destroyed, so that global wealth has risen enormously in the last two centuries, just after enlightened people like Marx and Malthus launched their apocalyptic messages, so that everyone is richer than 200 years ago, rich and poor.

[btc78]

234,566.0379  satoshis per person

Anyway, thank you for sharing, but I really don't understand the message from it.

And the world number is not fixed, I don't remember exactly, but I can search somewhere on the web, about when bitcoin launched, how many people there are in the world, and the present, the future.

So this calculation doesn't make much sense to me, because I also know about decentralization but most of the bitcoins are kept in the pockets of whales so there's no need to think about everyone getting an equal share bitcoin.

I think the calculation is just trying to show how much bitcoin is out there in ratio of all the people in world. I, myself, also do not understand what the point of the calculation is. This is all the population in the world but we are all not equal in a sense that some would be closer to retirement while someone could have just been born. How can someone who had just been born have their own money? They won’t even have any need for it let alone knowledge on how to actually use it.

[goldkingcoiner]

here is a better thought experiment for you. to then use as a primer to then engineer a better "how many bitcoin per person" scenario

everyone thinks USdollar is the world leading currency of the world
but how many people of the world actually use and hoard USdollar

its not 8billion
its not 800m
its more like 400m (majority are just the americans 335m)

so dont use a 'if everyone had bitcoin how many sats would they equally get if shared equally'..
but instead assume a 5% of population (400m of 8billion pop)

so lets use 400m as a fair number.. (seeing as if you add up the published revelations of user accounts totals on exchanges is nearly getting to that number already)

19.4m  btc / 400m pop = 0.0485btc per person as a reasonable hoard per population
if you own more then this 0.0485btc level of btc. consider yourself ahead of the game (better than the average)

Or, an interesting idea if you view it from the perspective of world wealth instead of people: If Bitcoin becomes the global currency, 454.4 Trillion USD (net world wealth) converted into Bitcoin market cap would be over 21.6 million USD per Bitcoin. And after that, the value of each Satoshi keeps going up because of population growth.

[yhiaali3]

A simple website, but its idea is really fun. Although it is not practical in reality due to many of the reasons mentioned by the members above, it is still a funny and entertaining idea, even if it is hypothetical.

The site calculates the number of people and divides the number of satoshis by the entire population regardless of anything else, but this is not true because newborns cannot own Bitcoin. In addition, there is a large number of people who have not heard of Bitcoin yet, and some of them have heard but do not have the money or do not know how to use Bitcoin.

The site calculates the percentage of large increases in the number of people in the world every second, but in return, it also does not calculate the percentage of large deaths that occur every second, and this will lead to an error in the calculations.

Therefore, this remains just a theoretical study and can never be applied in reality.

[2Pizza410000BTC]

A simple but cool website https://satoshisperperson.com/

It gives you basic information:
234,566.0379  satoshis per person equivalent to U$ 158.50

World Population: 8,257,003,090
Bitcoin Supply: 19,368,125
Bitcoin Price: $ 67,573.51
1 Dollar Worth 1480 sats

At top of the site, you can click on Convert to Bitcoin and get
0.002345660014 bitcoins per person.

93.56% of Bitcoin total supply was mined so far.
https://coinmarketcap.com/currencies/bitcoin/

Another chart for Satoshi per dollar.
https://charts.bitbo.io/satoshi-per-dollar/

I have seen and understood the calculations made here but I think that Bitcoin will never be equally distributed among the world population because not everyone has a stake in Bitcoin. Stakeholders will be those who are associated with Bitcoin and hold the majority of Bitcoins. People who are not associated with Bitcoin can never be partners in Bitcoin. So I don't accept this calculation because it will never happen and will not be divided equally.

[tabas]

What I've noticed is that the decimal for satoshi per person is dropping in seconds and the same goes for the world population and moving a lot increasingly per second. While with my simple research, there are 4.4 people that are born every second. The website tells more than that based on its move per second. Anyway, that's not the important point but if there's a basis and API with this metric that the owner of this website did, it's actually a good information and it just made me remember the websites like preev.com that I've missed already although it tackles differently as it's more of the price of BTC only and some other altcoins.