johnnyquinn-blog-banner-img
 

INSIGHTS FROM AN OLYMPIAN BY JOHNNY QUINN | @JOHNNYQUINNUSA

How Much Bitcoin is Enough? Putting 21 Million in Perspective

Bitcoin’s fixed maximum supply of 21 million coins is often touted as one of its most defining characteristics and for good reason—it’s an unmatched feature in a world of endless money printing and inflation.

But how much Bitcoin is enough? That question is deeply personal, depending on your lifestyle, risk tolerance and future financial goals. Whether you aim for 1 Bitcoin, 0.1 Bitcoin, or even just a few Satoshis, the fact remains: Bitcoin is extraordinarily scarce.

With a supply cap so small, owning even a fraction could hold significant value in the future. To truly grasp how limited 21 million is, let’s put it into perspective by comparing it to some everyday global metrics. If you haven’t secured your share of this finite resource yet, now may be the time to consider it. Read Where My Family Buys Bitcoin: Our Go-To Platform and Why

1. Global Millionaires

There are approximately 59.4 million millionaires worldwide.
If Bitcoin’s supply of 21 million coins were distributed equally among all millionaires, each would receive just 0.353 Bitcoin.

Here’s the math:

  • Total Bitcoin Supply: 21,000,000
  • Number of Millionaires: 59,400,000
  • Bitcoin per Millionaire: 21,000,000 / 59,400,000 = 0.353535354

(Credit Suisse Global Wealth Report)

2. Global Population

The world population is around 8.15 billion people.
If Bitcoin’s 21 million coins were distributed equally among everyone, each person would receive approximately 0.00258 Bitcoin.

Here’s the math:

  • Total Bitcoin Supply: 21,000,000
  • World Population: 8,150,000,000
  • Bitcoin per Person: 21,000,000 / 8,150,000,000 = 0.00257668712

(Country Meters)

3. Ounces of Gold

The estimated total above-ground gold supply is approximately 212,582 tonnes.
Given that 1 tonne equals approximately 32,150.7 troy ounces, this equates to about 6.83 billion ounces of gold.
That’s around 325 times more ounces of gold than Bitcoin’s max supply.

Here’s the math:

  • Total Gold Supply: 212,582 tonnes x 32,150.7 ounces/tonne = 6,833,000,000 ounces
  • Total Bitcoin Supply: 21,000,000
  • Ratio: 6,833,000,000 ounces / 21,000,000 = 325.380952

(GoldHub)

4. Cars Worldwide

There are roughly 1.5 billion cars in the world.
If Bitcoin’s 21 million coins were divided equally among all cars, each car would hold about 0.0142 Bitcoin.

Here’s the math:

  • Total Bitcoin Supply: 21,000,000
  • Number of Vehicles: 1,475,000,000
  • Bitcoin per Vehicle: 21,000,000 / 1,475,000,000 = 0.0142372881

(Hedges & Company)

5. Companies Worldwide

There are approximately 359 million companies globally as of 2023.
If Bitcoin’s 21 million coins were distributed equally among all companies, each would receive about 0.0584 Bitcoin.

Here’s the math:

  • Total Bitcoin Supply: 21,000,000
  • Number of Companies: 359,000,000
  • Bitcoin per Company: 21,000,000 / 359,000,000 = 0.0584958217

(Statista)

6. Pieces of Art

The total number of artworks in museums and private collections globally is estimated at 100 million pieces.
If Bitcoin’s 21 million coins were distributed equally, this means there would be roughly 0.21 Bitcoin per artwork.

Here’s the math:

  • Total Bitcoin Supply: 21,000,000
  • Number of Artworks: 100,000,000
  • Bitcoin per Artwork: 21,000,000 / 100,000,000 = 0.21

(Larry’s List)

7. Total Habitable Land on Earth (Square Miles)

The Earth’s total land area is approximately 57.5 million square miles, of which 71% (around 40.8 million square miles) is considered habitable.
If Bitcoin’s 21 million coins were evenly distributed across all habitable land, there would be approximately 0.514 Bitcoin per Square Mile.

Here’s the math:

  • Total Bitcoin Supply: 21,000,000
  • Habitable Land Area: 40,800,000 square miles (71% of 57.5 million square miles)
  • Bitcoin per Square Mile: 21,000,000 / 40,800,000 = 0.514705882

(Our World in Data)

These comparisons vividly illustrate Bitcoin’s extreme scarcity relative to tangible metrics we encounter in everyday life. Whether compared to global wealth, population, or land area, Bitcoin’s finite supply stands out as a unique and limited digital asset. This scarcity, combined with its decentralized nature and increasing adoption as a store of value, positions Bitcoin as a compelling financial asset.

Acquiring even a small portion could prove to be a smart financial decision, offering protection against inflation and the potential for significant long-term appreciation. In a world where scarcity often drives value, owning Bitcoin is not just an investment—it’s a step toward financial security in the digital age.

Read Why My Family Buys Bitcoin Every Day

P.S. While Bitcoin’s maximum supply is capped at 21 million, it’s estimated that around 2.5 million Bitcoin are lost forever due to misplaced keys and inaccessible wallets. This means the effective supply is closer to 18.5 million Bitcoin. With every lost Bitcoin, the remaining supply becomes even more scarce, further increasing the potential value of each Bitcoin you hold.

Disclosure of Material Connection: Some of the links in the post above are "affiliate links." This means if you click on the link and purchase the item, I will receive an affiliate commission. Regardless, I only recommend products or services I use personally and believe will add value to my readers. I am disclosing this in accordance with the Federal Trade Commission's 16 CFR, Part 255: “Guides Concerning the Use of Endorsements and Testimonials in Advertising."

ABOUT THE AUTHOR

Johnny Quinn is a U.S. Olympian (Bobsled) and Speaker. He delivers thought-provoking and action-packed speeches to help increase performance and teamwork in business and in life. Companies that have hired Johnny to speak include: Toyota, Chick-fil-A, Cisco, Southwest Airlines, Wells Fargo, Zillow, LiftMaster, Fiserv and Lockheed Martin.

Hire Johnny to speak at your next event →

View Full Site