How Many Bitcoin Whole-Coiners Are There? How Many Will Ever Be? It's Much Less Than You Think! 🪙

1 year ago
252

It was announced recently that slightly over 1 Million Bitcoin Wallets hold a full Bitcoin. This doesn't mean 1 Million people though, as many Bitcoiners have multiple wallets. Approx 20% of the 21 Million Bitcoin supply is lost forever. 4% gets lost a year (Death, sent to a Dead Address, poor storage of Private Key, etc.). MicroStrategy bought 152,333 BTC. BlackRock and others want a Billions of dollars worth for their Spot ETFs. All of this and more must be factored in.

So how many people own a full Bitcoin? How many can own one if they wanted to? The number is really, really small when you do the math.

Shrimp = Less than 1 full Bitcoin
Crab = Between 1 - 10 full Bitcoin
Eight-Limbed Octopi = 11 - 99 Bitcoin
Dolphin = 100 - 500 Bitcoin
Shark = 501 - 1,000 full Bitcoin
Whale = 1,001 - 5,000 Bitcoin

00:00 Introduction
01:09 Bitcoin Addresses with More than 1 BTC
01:32 Setting the Wholecoin Stage!
02:19 xPub Key (extended public key)
03:03 Other Examples of Multiple Wallets
03:28 xPub Math
03:52 Average Number of Bitcoin Addresses per user
04:44 Total Addresses vs Total Entities
05:13 Part I: 1+ BTC Address Wholecoiners
06:03 Part II: A Wholecoiner controlling multiple addresses with less than 1 BTC
07:17 Adding Part I and Part II together
07:36 Adam Back on 1M UTXOs w 1BTC or More
08:23 What is Max % of Millionaires That Can Become Wholecoiners by 2026?
08:44 What % of Millionaires Can Become Wholecoiners by 2026?
09:29 MSTR Purchase Denies 87 Million Humans the Ability to own the Avg Bitcoin Per Human
10:11 Conclusion
10:15 Never be more than XXX,XXX Wholecoiners
10:25 Owning 1 Bitcoin
10:40 # of Bitcoin Wholecoiners as a % of World Population
10:53 Avg Net Worth of World Population
11:12 Bitcoin Per Millionaire in 2026
11:38 Amount of Bitcoin you need to have more Net Worth than the Avg Person
12:05 Demand Finds Supply - but not with Bitcoin
12:23 Lost Coins
12:54 Price Targets by 2030
14:08 Get Some
14:15 Short on Time? http://InvestAnswers.Substack.com

Original Video by InvestAnswers: https://www.youtube.com/watch?v=u60fgtzoqTk

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