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Bitcoin, the Whales & Mass Adoption


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The current population of the world is 7,628,581,589 (it keeps changing every second though, but you get the idea!).

Bitcoin in circulation is 17,088,962.

There are 1,600 wallets containing at least 1,000 bitcoin. The total bitcoin of these wallets is about 5,000,000.

(Total bitcoin held on wallet exchanges is about 2,200,000.)

Total bitcoin "lost" (figures vary depending on data sources) is about 4,000,000.

So, 17m bitcoin minus 4m lost equals 13m actual "live" bitcoin. 5m in the hands of 1,600 whales. That leaves 8m in the hands of the rest of the population.

7,628,581,589 - 1,600 = 7,628,579,989 is the rest of the population! 8m between them equals 953 bitcoin each!

That means, with the current circulating supply of bitcoin, and accounting for the "whales" and "lost" bitcoin, there is enough bitcoin available for every person on the planet to own 953 bitcoin. (In fiat money that means there's enough for all of us to own bitcoin valued at 953 x $6,865 = $6,542,345).

Let me repeat that: there's enough bitcoin in the world for everybody to own $6,542,345 worth!

So, what's happened!?
 
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