each bitcoin is going to own about 300 people
8 billion people, 21 million #Bitcoin You do the math.
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1:35 PM · Oct 23, 2021

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Replying to @BobMurphyEcon
Your humor is really underrated.
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Replying to @BobMurphyEcon
Anything over 0.28 BTC puts you in the 1%
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1% of what?
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Replying to @BobMurphyEcon
Looks like the critics were right. #Bitcoin is bad and going to bring back slavery.
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Replying to @BobMurphyEcon
But seriously if I can support 300 people with 1 BTC, that will be great
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Replying to @BobMurphyEcon
Bob, are you telling me I own 300 people?
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Replying to @BobMurphyEcon
I know it probably shouldn’t, but it annoys me that it would actually be closer to 400 than 300
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You're failing to account for the people that Bitcoin just doesn't *want* to own. Like, say, Krugman.
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Only 14M will be available = 571 people.
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To add - There are around 1,000 individuals, known as whales, who own 40% of the market. So if they never sell their bitcoin = 9M left for everyone else.
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