Bitcoin owned by everyone

[hair]

Maybe that happens, the limited supply of bitcoin will make bitcoin hunted by millennials when they already know the functions and benefits of bitcoin. bitcoin price has increased in the market to soar. Bitcoin is gold.

But I think Bitcoin cannot be owned by everyone, only people who have capital can buy it.

[I-Bit]

But I think Bitcoin cannot be owned by everyone, only people who have capital can buy it.

Actually, everyone can own the Bitcoin if they are interested to buy the Bitcoin. But the problem is not all people interested to buy and invest in Bitcoin. So, not all people own the Bitcoin till now. Well, it seems we still need time to make people realize the advantage of investing in Bitcoin.

[ayatoslaw]

But I think Bitcoin cannot be owned by everyone, only people who have capital can buy it.

Actually, everyone can own the Bitcoin if they are interested to buy the Bitcoin. But the problem is not all people interested to buy and invest in Bitcoin. So, not all people own the Bitcoin till now. Well, it seems we still need time to make people realize the advantage of investing in Bitcoin.

It should be during a pandemic now that many people are aware of the importance of investing, because with investing we don't need to be afraid anymore if there is an emergency that causes us to stop working.
Owning bitcoin will be an alternative choice after the pandemic is over, I am sure this will happen, and our task now is to invite people around us to get to know bitcoin and save it.

[jakasantosa]

But the problem is not all people interested to buy and invest in Bitcoin.

I agree with that. Not everyone is interested in buying bitcoin. There are even those who don't know what bitcoin is. In addition, the legality of the state / government prohibits the presence of bitcoin which makes everyone unable to own bitcoin

[MrSpasybo]

If everyone wants to own BTC, the price of BTC will be very high, and ... we will choose to use another cryptocurrency like ETH or USDT.
In addition, there are a number of issues that directly affect the ability of people to own BTC:
+ facilities: internet, electronic equipment ...
+ legal conditions
+ conceptual understanding of BTC

So it is unlikely that the price of BTC will spike to $100K or $500K.

[Salman Hasan]

everyone is not interested in bitcoin neither cryptocurrency only few percentage of the world  knows bitcoin and the crypto as a whole. I think, it will be imposible to hold bitcoin in everyone in the world. even if btc will be recognize in all nation still there will be others that will oppose to it.

[Salman Hasan]

everyone is not interested in bitcoin neither cryptocurrency only few percentage of the world  knows bitcoin and the crypto as a whole. I think, it will be imposible to hold bitcoin in everyone in the world. even if btc will be recognize in all nation still there will be others that will oppose to it.

[Msweet]

Bitcoin was at its highest point in December 2016 and January 2017.  That's close to 20,000.  Then the fall started and dropped to at least  3400 again.  That's where the recovery begins, and last year it reached 12,000.  From there, the Corona drops to as low as 4,500 at the start.  Then the recovery started again and reached 12,000 last week.  So repeatedly trying to recover.  The current position of the market is still positive.  If this trend continues, Bitcoin could reach 20,000 again.  This is not surprising.

[TERMINO]

Do you think it is impossible that Bitcoin value will become $100,000, or $500,000 more years from now?

Not impossible but we don't know when it is. Bitcoin value is always growing day after day. If it becomes more popular and used by all people around the world, then the price should multiply. Then, the price can continue to increase more and more. Some have predicted it can reach $100,000.

If it is used by everyone around the world, the price will be very expensive, even more than we imagine, because if we calculate in detail the maximum number of bitcoins is not enough for all people in the world,
100k usd is very small, now even bitcoin users are less than 20% of the world's population but the price is already expensive, what if it's 90%? 1 million usd could possibly happen.

According to CoinTelegraph, 19% of the world population had bought cryptocurrencies before 2019. It has been almost 2 years now, so that means more than 20% already owns crypto by now. It is true that the more people will buy crypto, the better the BTC price will become as it is mostly the trading pair of every crypto. Getting to 90% of the world population involve in cryptocurrency does not seem impossible for the next decade. According to Wiki, only 53.6% of the world population have access to technologies.

Sources:
https://cointelegraph.com/news/19-of-world-population-bought-crypto-before-2019-kaspersky-report
https://en.wikipedia.org/wiki/Global_Internet_usage

Once the 90℅ of people in the world have an access to technology then it is very possible that Bitcoin or cryptocurrency will surpass the fiat domain. People will love cryptocurrency investment than banks. Also possible that the rules that day could be not as today.

[lepbagong]

Bitcoin was at its highest point in December 2016 and January 2017.  That's close to 20,000.  Then the fall started and dropped to at least  3400 again.  That's where the recovery begins, and last year it reached 12,000.  From there, the Corona drops to as low as 4,500 at the start.  Then the recovery started again and reached 12,000 last week.  So repeatedly trying to recover.  The current position of the market is still positive.  If this trend continues, Bitcoin could reach 20,000 again.  This is not surprising.

several times bitcoin reached $ 12K and finally fell again in the range of $ 9K- $ 10K, events like this have happened when it will pass $ 9K which is also the same as today. but very confident that bitcoin will move up again when approaching the end of the year, so at this time for the position is also not safe and can still go down again because the time for the end of the year is still 3 months and quite a long time. if the end of the year can reach $ 15K then we can be sure that next year bitcoin will exceed 2017, even 2x or even 3 times that year. time will tell that bitcoin is very resilient.

[LaZim]

But I think Bitcoin cannot be owned by everyone, only people who have capital can buy it.

Actually, everyone can own the Bitcoin if they are interested to buy the Bitcoin. But the problem is not all people interested to buy and invest in Bitcoin. So, not all people own the Bitcoin till now. Well, it seems we still need time to make people realize the advantage of investing in Bitcoin.

All people need Fiat. And bitcoin for them is like a means for speculation. Of course, bitcoin can be used in the shadow market.

[mlawson71]

Bitcoin is also entering the mainstream, but I doubt it will be a true rival of fiat currencies in the foreseeable future.

[Astra]

The coming year will be a good test for Bitcoin in terms of the possibility of its price growth. After the May split in half, it is predicted that in a year the bitcoin price should rise by at least one hundred thousand dollars. Even considering the phenomenon of DeFi token prices, this price still seems unrealistic for Bitcoin. Therefore, if in a year we will not have Bitcoin with a price of one hundred thousand dollars or close to this price, then it is unlikely that it will ever be able to reach such price heights.

[sampoerna]

Yes, many people around the world have Bitcoins on their wallets. So, it is true to say Bitcoin is owned by all people. Even if Bitcoin is created by Satoshi, but he cannot own it himself. He probably plans to create Bitcoin for everyone, that's why he created it with a decentralized system. Also, it is the way to keep Bitcoin from greedy people or dangerous government.

[lepbagong]

Bitcoin is also entering the mainstream, but I doubt it will be a true rival of fiat currencies in the foreseeable future.

it seems that there will be no competition between the two but covering up the void and shortcomings of each is precisely what happened. indeed both of them have different ways and shares. Hopefully this will become a complementary discourse. we hope that it can be established so that there is a synergy that will be built between the two so that it makes it easier for people who want to use it.