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โ๏ธ Crypto๐ข Bullish
Michael Saylor on Bitcoin Scarcity: Not Enough BTC for Everyone
๐คAI Summary
Michael Saylor highlights a potential Bitcoin scarcity issue, noting that with approximately 60 million millionaires worldwide and only 21 million BTC in total supply, there isn't enough Bitcoin for every millionaire to own even one full coin. This mathematical reality underscores Bitcoin's fundamental scarcity proposition.
Key Takeaways
- โThere are roughly 60 million millionaires globally but only 21 million Bitcoin will ever exist.
- โThe math shows there isn't enough Bitcoin for every millionaire to own one full coin.
- โThis scarcity dynamic reinforces Bitcoin's value proposition as a limited supply asset.
- โMichael Saylor continues to emphasize Bitcoin's scarcity as a key investment thesis.
- โThe millionaire-to-Bitcoin ratio highlights the potential for increased demand pressure.
Read Original โvia U.Today
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