2442: $2 Million Bitcoin Accelerates - Why 99.6% of the World Still Owns Almost None

Bitcoin ownership remains extraordinarily rare despite more than 17 years of adoption. An estimated 96.3% of humanity owns no Bitcoin, roughly 99.6% owns less than 0.01 BTC, and only around 825,000 people are estimated to own at least one whole Bitcoin. Episode 2342 examines what happens as you move further up the Bitcoin ownership distribution and why meaningful BTC ownership could become dramatically harder to achieve.

JV also breaks down the supply mathematics behind a potential $2 million Bitcoin price, including millions of BTC estimated to be permanently lost, Bitcoin's declining new issuance and competition from Wall Street, corporations, sovereign wealth funds and governments. As demand expands while Bitcoin's monetary policy remains fixed, higher prices become the mechanism required to convince existing holders to sell.

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