Post
Topic
Board Beginners & Help
Re: If theres only 21 million bitcoins, How many people can use BitCoin ?
by
Stephen Gornick
on 01/03/2013, 10:03:22 UTC
If theres only 21 million bitcoins, How many people can use BitCoin ?

How many threads are you going to create about this?

a single bitcoin is equal to 100,000,000 Satoshis,

So there are
  2,100,000,000,000,000 Satoshis to go around.

Or about 300,000 Satoshis per man, woman and child on the planet today.

Which sets a rather low transaction cap, about $1,500 at todays rate.

There is no cap.  The value of a bitcoin will rise to accommodate the level needed for use as a digital currency.