The fixed supply of Bitcoin is 21 million. All through the following couple of years, the shortage of Bitcoin will increase as more financial specialists and foundations keep on amassing the digital currency, which could additionally decrease the aggregate conceivable number of people that can ever possess one entire Bitcoin (1 BTC).
In late 2017, Chainalysis, a blockchain crime scene investigation organization that screens and explores cryptographic money exchanges, uncovered in an examination paper that up to four million BTC are forever lost on the blockchain because of robbery, loss of wallets and private keys, and the lethargic wallet of Bitcoin maker Satoshi Nakamoto, which specialists have said is no longer accessible.
Kim Grauer, Senior Economist at Chainalysis, said at the time, that the lost supply of BTC isn’t contemplated by the market top. That implies, the genuine cost of BTC could be significantly higher, as 4 to 6 million BTC are assessed to be lost.
The 0.28 Bitcoin figure presented by Lee accept the supply of Bitcoin to be 21 million, as it separates 21 million by 0.28 and partitions the result of that by the total populace that is 7.442 billion. In the event that the exploration of Chainalysis is precise and that 4 to 6 million BTC are lost on the blockchain, the supply of Bitcoin ought to be nearer to around 16 to 17 million.
If you own 0.28 BTC and HODL, you can be certain no more than 1% of the current world’s population can EVER own more BTC than you. A modest investment of $1,830 today can ensure you are a 1%er in a future Bitcoin world. https://t.co/9k3XZa09Yo— Steve Lee (@moneyball) October 2, 2018
93% of all Bitcoins will be mined by 2020 according to the
Bitcoin Reward Schedule
Looking at Coinbase Users over time you can see the supply of Bitcoin will keep getting bought by more and more people.
Coinbase Growth Update: – added 5million users in the last 6 months, now have 25mil – average of ~25,000 users/day is comparable to mid-2017 Data here: Google Docs