Not Enough Bitcoin to Go Around: CZ Says Even Millionaires Could Be Priced Out
TLDR
- Binance founder CZ says millionaires may soon be unable to afford one full Bitcoin
- Over 20.07 million of the 21 million Bitcoin supply has already been mined
- CZ estimates 10-20% of existing Bitcoin may be lost or permanently inaccessible
- The U.S. alone has 23.6 million millionaires, more than the total Bitcoin supply
- Binance has also moved to halt transactions with 16 crypto platforms linked to sanctions
Bitcoin is trading near $63,000 as its founder-linked commentary draws fresh attention to just how scarce the asset is becoming.
Bitcoin surpassed 20.07 million coins mined as of August 2026, leaving only 4.4% more supply.
I'd estimate 10-20% of existing bitcoins are lost/stuck/unrecoverable. It's a deflationary asset.
- CZ ๐ถ BNB (@cz_binance) August 15, 2026
Changpeng Zhao, known as CZ, made headlines this week after posting on X that millionaires may soon be unable to afford one full Bitcoin. The comment was made in response to crypto analyst Quinten Francois, who pointed out that the U.S. has around 23.6 million millionaires. That number already exceeds Bitcoinโs total maximum supply of 21 million coins.
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