In 10 years, the limited supply of Bitcoin will be nearly exhausted, meaning owners will only need 0.01 BTC to become immensely wealthy.

Saving 0.01 Bitcoin (BTC) may only be worth $500 today, but based on the current global distribution of wealth and the limited supply of digital assets, 0.01 BTC could be enough to become a millionaire in the future.

According to Credit Suisse’s Global Wealth 2020 report, there are 51.9 million people in the world with net wealth of more than a million dollars. The index takes into account the net value of a person, his financial and real estate assets, less debts and liabilities.

According to the report, the United States leads by a fairly wide margin of 20.2 million, or 39% of the world total. China comes second with a share of 11%, while Japan, the UK, France and Germany each account for 5%.

It is interesting to note that despite the fact that these millionaires represent only 1% of the world’s population (not counting children), they own 43% of the world’s wealth.

The total family wealth of these high net worth individuals is $400 trillion, 53% of which is financial assets, not investment property. This figure varies from country to country: 64% in the United States, 44% in China and Germany, and 22% in India.

According to the breakdown of individual wealth by Credit Suisse, 175,700 people were worth more than $50 million. Of these, 55,800 had a value of at least $100 million and 4,410 had assets of more than $500 million.

Finite bitumen supply will reach 98% in 10 years

Bitcoin supply and related inflation. Source : Medium.com/@CryptoProfG

To one. A total of 18.64 million bitcoins were shipped in March. BTC, resulting in the extraction of approximately 2.37 million diamonds. In ten years, the supply will be 20.6 million units, i.e. 98% of the total supply of 21 million units.

With the exception of 1.9 million coins that have not been affected for more than a decade, there is a ceiling of 19.2 million for the 51.9 million million millionaires worldwide. BTC.

That leaves 0.37 BTC per millionaire, including the parts that have not yet been won. A more conservative assumption, based on currently available stocks and on conservation goods that have not been moved for five years or more, gives 14.57 million. BTC. That leaves only 0.28 BTC per millionaire, a conservative figure considering that the number of rich people is likely to increase in the next 5 to 10 years.

In the future, the rich will fight over 0.01 BTC.

In addition to recognized millionaires, there are 590 million people with a net worth of more than $100,000. These people should not be ignored as potential owners, even if their purchasing power is lower.

Global distribution of wealth. Source : Credit Suisse

Assuming that the 43.4% share of the world’s wealth indicated in the chart above remains the same, the world’s millionaires account for 6.32 million coins of the remaining 14.57 million reserves held. This ratio means that there are 0.12 BTCs per person.

The remaining 590 million people, currently worth $100,000 or more, could actually own 5.9 million additional units, which is just 0.01 BTC per adult.

In summary, the purchase of 0.01 BTC, an investment of about $500 at the current price, could represent one of the most important 13%. Today, that’s the equivalent of being a millionaire, at least in terms of percentage of total bitcoin stock.

The views and opinions expressed herein are those of the author only and do not necessarily reflect the views of Cointelegraph. Every investment and every stage of trading involves risk. You should do your own research when you make your decision.

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