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2^32 - 1 is the biggest number you can represent in a binary 32-bit system.
It is also much bigger than 4.3 billion like the image suggests so I don't know why he thought it was relevant.
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2^32 is pretty much exactly the number you see there, you can easily check it online: http://www.rapidtables.com/calc/math/Exponent_Calculator.htm
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Major facepalm-ing right now.
I went to look at what 2^32 was, and typed in 2^64 for some reason. You are right.
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look's like no one will win with that many entries!
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It's like two thirds of population of the Earth. Didn't realize Steam has expanded that much.
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Look this bug!
http://postimage.org/image/i2np9vzz3/
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