Samson Mow, CEO of Jan3, has challenged Michael Saylor's assertion that Bitcoin's supply is insufficient for global distribution. Saylor, founder of Strategy, recently claimed that Bitcoin's limited supply makes it impossible for everyone to own. In response, Mow provided a mathematical breakdown, suggesting that if Bitcoin's total supply of 21 million were evenly distributed, each person on Earth could own approximately 259,259 satoshis.
Mow's calculation highlights that while Bitcoin's supply is finite, it could theoretically be distributed globally. However, this does not negate Saylor's broader point about scarcity, as large entities like Strategy, which holds about 3.5% of Bitcoin's total supply, continue to accumulate the asset. This ongoing accumulation by corporations and institutions underscores the scarcity narrative that could drive Bitcoin's long-term value.
Samson Mow Counters Michael Saylor's Bitcoin Scarcity Claim
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