Binance founder Changpeng Zhao (CZ) pointed out that the supply of Bitcoin is limited, saying that soon there won’t be enough $BTC for millionaires.
CZ stated that as of August 2026, the amount of Bitcoin mined will have exceeded 20.07 million, adding that only 4.4% of the total supply of 21 million is yet to be mined.
Pointing out that while there are approximately 23.6 million millionaires in the US, the number of $BTC in circulation is only 20.07 million, CZ said, “Soon, millionaires won’t be able to own a full Bitcoin.”
CZ also stated that he estimates 10 to 20 percent of existing Bitcoins are lost, inaccessible, or unrecoverable, characterizing Bitcoin as a deflationary asset.
According to CZ, the actual usable coin supply may be much less than 21 million, as many long-term $BTC holders are unwilling to sell their assets. Additionally, it’s worth noting that Satoshi Nakamoto’s $BTC holdings are unlikely to move again.
In addition, CZ claimed that BNB, an altcoin linked to Binance, has a similar structure.
*This is not investment advice.
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