75.9% ( 15,947,975 bitcoin) of the bitcoin is already mined so to circulate bitcoin all over the world there is only few bitcoin because many bitcoin user are holding bitcoin and waiting for price hike. So what would happen if the continue holding and we are left with only few bitcoin to circulate. So can it act as global currency or we need some modification.
- Nobody cares much about how much bitcoin is in circulation
- There is no need of modification to bitcoin network
- No need to blame any bitcoin whales for manipulation
- Bitcoin market is just like any other asset market where profit is based on supply and demand