If you’re new to Bitcoin, you might find yourself hesitating, especially when you hear about high prices. Questions like, “I bought Bitcoin at $90,000—did I come in too high?” or “Is there any upside left if I buy at $100,000?” are common. Some even wonder if it’s better to wait for the next bear market.
Let’s take a step back. Many people get hung up on Bitcoin’s price. At $30,000, they think it’s too expensive. At $50,000 or $80,000, the same thought pops up. Even at $100,000, the mindset doesn’t change. The problem is, focusing only on price misses the bigger picture.
Scarcity of Bitcoin is Key
The real question isn’t about Bitcoin’s price—it’s about the value of the money in your pocket. Every year, governments print more money, which increases the supply of dollars in circulation. When the supply of something goes up, its value typically goes down. In other words, the more money printed, the less purchasing power your dollars have.
From 2020 to 2023, the United States printed nearly 80% of all the dollars ever created. In early 2020, about $4 trillion was in circulation. By 2023, that number had jumped to $19 trillion—a staggering 375% increase in just three years. This kind of printing devalues the money in your savings account, making it harder to afford essentials like food, gas, and housing.
This constant devaluation isn’t a glitch in the system—it’s how the system works. Inflation chips away at the value of your money year after year. That’s why Bitcoin matters. Unlike dollars, Bitcoin has a fixed supply of 21 million coins. Out of that, around 6 million are lost forever, leaving only 15 million available. No one can print more, inflate it, or manipulate it.
There’s Not Enough Bitcoin to Go Around
Right now, about 94% of Bitcoin’s total supply has already been mined. That’s 19.8 million out of 21 million coins. Only 1.2 million new Bitcoin will ever be mined, and the daily mining rate of 450 coins will drop to 225 after the next halving event. With demand rising and supply shrinking, there simply won’t be enough Bitcoin to go around.
Think about it this way: there are 106 million Bitcoin owners worldwide, which is just 1.3% of the global population. If every person on Earth tried to buy an equal share of the remaining supply, each would only get 0.0019 Bitcoin. At $100,000 per Bitcoin, that’s less than $200 worth—hardly anything.
The Race to Own Bitcoin Is Heating Up
Now consider millionaires. There are about 58 million millionaires globally. If all of them tried to buy just 1 Bitcoin, they’d come up short by 43 million coins. Even if they went after smaller amounts, most would still be left out. The scarcity of Bitcoin is real, and as more people wake up to its potential, the race to own even a fraction intensifies, not just among individuals, but also institutions and nations across the globe.
Institutions like BlackRock are also diving in. Their Bitcoin ETF purchased $57 billion worth of Bitcoin in its first year, which is more than gold ETFs accumulated in two decades. BlackRock now holds roughly 2.92% of total supply. This kind of demand from institutional players is driving up competition, making it even harder for the average person to own Bitcoin as the prices will keep rising due to increasing demand.
A Choice Between Two Systems
So, what does this mean for you? Buying Bitcoin isn’t about getting rich overnight. It’s about stepping away from a flawed financial system and preserving your wealth in a decentralized system designed to hold its value over time.
If you’re waiting to buy, you’re betting against math. The supply is limited, and demand is growing. Owning just 0.01 Bitcoin today puts you in an exclusive group. Instead of asking if Bitcoin is too expensive at $100,000, the real question is: how long will you wait before it’s out of reach?