It is worth noting that the Russian Finance Minister stated that Russia is using Bitcoin in foreign trade.
This indicates that the demand for Bitcoin is increasing among various countries. Currently, 19.8 million Bitcoins have been mined, but the actual circulating amount is far less. Many Bitcoins were lost in the early days for various reasons, such as hard drive failures, forgotten backup of private keys, or the holder's death.
Statistics show that approximately 17.6% of Bitcoins, around 3.7 million, may have been permanently lost.
These lost Bitcoins cannot be used or transferred, effectively disappearing from circulation, impacting the total supply and scarcity of Bitcoin.
There are approximately 16.1 million Bitcoins that can circulate, of which 31% are held by governments, ETFs, and MicroStrategy. This proportion has increased by 14% compared to last year, and it is expected to continue increasing next year. The number of Bitcoins left for ordinary investors may only be 6 million. With 6 billion people on Earth, this means that the amount of Bitcoin each person can hold is very limited.
Therefore, we should cherish the Bitcoins we have. Bitcoin is very likely to exceed 1 million dollars in the future. For ordinary people, holding 0.1 Bitcoin can reach A7, holding one Bitcoin can achieve A8, while large holders with 10 Bitcoins can reach A9.
