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I just looked at the latest data—Bitcoin has already reached 20 million coins in circulation. Out of the total supply of 21 million that Satoshi Nakamoto hard-coded earlier, that means 95% is already in circulation. Crazy to think about, only 1 million left, but how long will that take?
If we calculate based on the current mining speed of about 450 BTC per day, the remaining 1 million coins will be mined in over a century. Specifically until the 2140s. So in the next 30 years, 99% of Bitcoin's supply will already be in circulation. But the final mining? That will only be finished long, long after.
The halving every 4 years makes Bitcoin's supply increasingly scarce, with inflation already below 1%. So the longer it takes, the harder it becomes to get new Bitcoin. That's why many see this as a feature, not a bug—scarcity that was designed from the start.