Holding 0.28btc will bring you into the top 1% of wealth

A large part of the value of bitcoin (BTC) lies in its limited supply of 21 million tokens, which means that a small share of ownership could lead to a lot of wealth if it is widely used around the world.

Davincij15, a trader, bitcoin preacher and twitter celebrity, tweeted on September 22 that "the current 7 billion people have only 0.0027 BTC per capita", pointing out the relationship between the world's total population and the total supply of bitcoin. Davincij15 is known for its early bitcoin reviews, which date back to the early days of bitcoin in 2011.

"If you hold 0.28 BTC and bitcoin is the world's reserve currency, then you're going to be in the top 1%. Therefore, if you hold a BTC, it means that your assets may be 400 times that of the average person (worst case scenario). "

The mathematical logic behind devincij15's idea is reasonable, although his thinking depends largely on several factors - mainly the global adoption of bitcoin. The current market value of the asset is about $1940 billion. Gold, on the other hand, has a market value of $9 trillion. Bitcoin needs to grow significantly to reach gold status, and in many countries around the world, this asset is a time tested store of value.

According to the Federal Reserve, the dollar is currently the world's reserve currency, holding $1.98 trillion in circulating supply, which is closer to the market value of bitcoin to some extent. However, in addition to the amount of circulating supply, other factors also have an impact. The actual appropriate figure may be much higher than the dollar.

There is another small problem in the equation for counterfeit coins. If people invest in other cryptocurrency assets, money will be transferred from BTC, which makes it more difficult for BTC to become the most popular cryptocurrency asset in the world.

Nevertheless, bitcoin has attracted a lot of attention and growth in 2020, including investment from mainstream giant MicroStrategy.