According to a top Google Search there are 15.7 Million Millionaires in the world.
Now currently there is only 16.5 Million Bitcoin available, which is very close to 1:1 for every Millionaire (It is actually 1:1.05).
So realistically if Bitcoin became the main way to transact globally, and every Millionaire started just buying 1 each.. the price would probably go very high very fast!
But it is more likely that a Millionaire would buy more like 100+ Bitcoin if they were converting their value to Bitcoin due to a global economic shift.
So the point of the math is even though theres only 16 mil Bitcoin available, and nearly 16 mil Millionaires does not mean that nobody else can afford it.
It just means once the 99.99% of the world not currently using Bitcoin starts to move in.. We will probably see the price sky rocket, and you can read any current sell orders on the exchanges, and see that there is not much Bitcoin actually available for $4,400.
So realistically Bitcoin will help everyone, and especially once the lightning network is adopted, and micro-payments become a reality.. People say Bitcoin is in a bubble, but it is a payment system, and the more people use it.. the more valuable it will be.
Disclaimer: This is not investment advice, and I am not an Investment Advisor. This for entertainment purposes only!
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