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Crypto

Bitcoin's Limited Supply Sparks Concerns Amid Growing Wealth Inequality

Guavy AI Editorial Team
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Bitcoin's limited supply has become a hot topic in the crypto community. According to Binance founder Changpeng Zhao (CZ), over 20.07 million out of the total 21 million coins have been mined, with some permanently lost or inaccessible.

This scarcity could make owning a full Bitcoin difficult even for millionaires, given the growing number of wealthy investors worldwide, CZ noted.

CZ also revived his long-term prediction that Bitcoin could reach $1 million by around 2033, though he emphasized this is not guaranteed and depends on market conditions and adoption.

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