full image - Repost: Your piece of the cake - It doesn't take much fiat money to own an above-average share of the total Bitcoin supply. (from Reddit.com, Your piece of the cake - It doesn't take much fiat money to own an above-average share of the total Bitcoin supply.)
Mining:
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Good News! It doesn't take much fiat money at the moment to own an above-average share of the total Bitcoin supply. So you can ensure with only a few Dollars that you won't be left empty-handed in the event of a "hyperbitcoinization". That should also be reason enough for the critics and doubters to hedge against this scenario.How much Bitcoin is there per person?Let's assume the total number of Bitcoin that has ever been movable and will ever be movable is just under 21,000,000 BTC. So we assume that all Bitcoins are "mined" and that no one has really lost access for their Bitcoin, but that the Bitcoin that have not been moved for years simply belong to steel "hodlers".If we divide the entire Bitcoin supply evenly among the world's population (currently ~8 billion people), each person would have 0.002625 (currently ~$56) Bitcoin.In order to belong to the club of the richest 1%, it would take 0.2625 Bitcoin (currently ~$5600). This would mathematically guarantee that no more than 1% of the world's population could have more Bitcoin than oneself. The scenario would be that all Bitcoin would be divided among 80 million people (~1% of the current world population) and the rest would have nothing.However, the assumptions made are highly unrealistic. After all, hopefully one day everyone will have Bitcoin and not just a small amount of people.
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