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Author Topic: BTC per person  (Read 365 times)
KonstantinosM (OP)
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May 05, 2014, 02:51:55 PM
 #1

If all the BTC in the world was spread equally everyone would have 0.003 BTC or 1.2 USD worth of bitcoins.

Also population statistics so the growth of population to end at 11 Billion and the world population to stabilize at that point... Climate disasters may make it more difficult but it is unclear whether they will have an effect in the future.


So in the future if all bitcoin was spread equally every person would have about 2 mBTC....


Syscoin has the best of Bitcoin and Ethereum in one place, it's merge mined with Bitcoin so it is plugged into Bitcoin's ecosystem and takes full advantage of it's POW while rewarding Bitcoin miners with Syscoin
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May 05, 2014, 03:09:57 PM
 #2

Not the entire world population has sufficient internet/computer access or knowledge to participate in Bitcoin yet. The population that is most likely to use bitcoin (industrialized countries) is only a fraction of the 11 Billion.

But the amount of BTC/pp would still be tiny.
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May 05, 2014, 03:13:22 PM
 #3

I didn't think about that before, but it's indeed wright. Nice thought.
KonstantinosM (OP)
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May 05, 2014, 03:54:44 PM
 #4

Not the entire world population has sufficient internet/computer access or knowledge to participate in Bitcoin yet. The population that is most likely to use bitcoin (industrialized countries) is only a fraction of the 11 Billion.

But the amount of BTC/pp would still be tiny.

Tiny but significant. Personally I wondered about this simple question. How much bitcoin could everyone have? I think that the answer is "enough".

Syscoin has the best of Bitcoin and Ethereum in one place, it's merge mined with Bitcoin so it is plugged into Bitcoin's ecosystem and takes full advantage of it's POW while rewarding Bitcoin miners with Syscoin
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May 05, 2014, 04:05:48 PM
 #5

The real question we should ask is not how many BTC person would have, but how much BTC would be worth by that time. That is my only concern.


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marife01
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May 05, 2014, 04:36:06 PM
 #6

Yes, not all have access on the internet and also if Bitcoin is really that high to provide such amount for each and everyone.
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May 06, 2014, 08:49:45 AM
 #7

At the moment a very small percentage of people are using Bitcoin, imagine what will happen if it goes mainstream Smiley

Not everyone in the world have access to internet, and certainly not everyone is going to use Bitcoin.
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May 06, 2014, 09:19:15 AM
 #8

If all the BTC in the world was spread equally everyone would have 0.003 BTC or 1.2 USD worth of bitcoins.
I don't agree.
By the time everyone had their Bitcoins, their price would have increased considerably - so it'd not be 1.2 USD / person.

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May 06, 2014, 09:20:19 AM
 #9

At the moment a very small percentage of people are using Bitcoin, imagine what will happen if it goes mainstream Smiley

Not everyone in the world have access to internet, and certainly not everyone is going to use Bitcoin.

I am not sure that even 1% of Earth's population is using it.
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May 06, 2014, 10:05:47 AM
 #10

I think 10mbtc per person will be .
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