There are about 8 billion (8,000,000,000) people in the world.
According to Kiplinger, globally there are about 59 million millionaires.
59,000,000/8,000,000,000 = 0.007375 = 0.7375% of people in the world are millionaires. So less than 1% of people are millionaires.
If you divided the 21 million (21,000,000) bitcoin among the 8 billion people
21,000,000/8,000,000,000 = 0.002625
0.002625 x $60,000/btc = $157.50
You only need to buy $157.50 worth of bitcoin to get “your share” today.
There are 21 million bitcoin that will ever be made.
There are 59 million millionaires. So it’s not possible for every millionaire to have 1 bitcoin.
If we divide the 21 million bitcoin by 59 million millionaires we get
21/59 = 0.35593220 btc per millionaire.
0.35593220 x $60,000/btc = $21,355.93 if every millionaire wanted to get “their share” of bitcoin and it was only split among millionaires.
If we go down to units of 0.1 bitcoin then 210 million people could own 0.1 bitcoin.
That is still only
210,000,000 people/ 8,000,000,000 people = 0.02625 = 2.625% of people would have 0.1 bitcoin.
0.1 bitcoin x $60k/bitcoin = $6,000 to buy 0.1 bitcoin today.
If I was someone with no bitcoin today I’d think hard about setting a goal of getting to 0.1 bitcoin.
The market capitalization of Gold is $16,590,000,000,000 ($16.59 Trillion) as of 8-11-2024 when I write this. Note that this changes daily as the price of gold fluctuates and as more gold is mined each year.
If bitcoin was to attaining the same market capitalization
$16,590,000,000,000/21,000,000 bitcoin = $790,000 per bitcoin
$790,000 x 0.1 bitcoin = $79,000
If bitcoin was to reach a value of $10 million per Bitcoin then 0.1 bitcoin would be worth $1 million.
Plenty of people have made a prediction in the millions for the future price of bitcoin. You will have to do research for yourself to determine if you think this is reasonable. But I would encourage you to be inquisitive about why people are prediction such a high price for Bitcoin.
This isn’t all to tell you you have to buy bitcoin. But it’s to encourage you to look into why many people think bitcoin has value.
There is not much bitcoin and we are still early as far as world wide adoption. You don’t need to buy much (0.1 bitcoin = $6k today) to potentially have $1 million in the future.
Of course, only buy as much as you are able to lose! Many people are able to have a risky bet of $6k and if it did happen to go to $0 (which is of course a possibility) they’d still be fine.
But if that is not you then definitely DON’T buy bitcoin.
But if you are a person who has sufficient assets, you might try thinking about why so many people have such a high conviction in bitcoin.