Let me be honest – becoming fully cryptocurrency is one of the smartest moves you can make, but it has also become ridiculously difficult. I remember when I first started dealing with Bitcoin in 2016. The price was around $400-$500, and owning an entire Bitcoin was completely possible.
now? It’s a completely different story.
Bitcoin is sitting Close to $100,000Owning even half a Bitcoin seems out of reach for most people. Let’s put this in perspective: the average savings for someone under 35 In the United States It’s only $20,540. This does not even represent 25% of the cost of purchasing 1 Bitcoin today. Most of these millennials and boomers can only dream of owning a full Bitcoin, which is not realistic for the average person anymore.
And this is the part that really struck me: there Only about a million Bitcoin addresses That contain more than 1 BTC. Even if we assume that each of these addresses belongs to a different person (which is not true), this represents only 0.0125% of the world’s population. Think about it – being a full coin user already puts you in one of the most exclusive clubs in the world.
Now, let’s compare that to millionaires. there About 58 million millionaires All over the world. Here’s the important point: There are only 21 million Bitcoins in total. Even if every millionaire on the planet wanted to own a single Bitcoin, they wouldn’t be able to. There’s not enough Bitcoin to go around. This is why being a full coin holder is better than being a fiat millionaire. Fiat currencies are endless – anyone can become a millionaire in a system where money is printed endlessly. But Bitcoin? It’s tough to cap. Rare.
If you’re a millionaire and don’t own at least 1 Bitcoin yet, wake up. The race is on, and most millionaires will lose. And if you are already a universal currency user? Congratulations. You are part of the 0.0125% who will own this amount of Bitcoin.
It may not seem like a big deal now, but in 20 or 30 years, you’ll look back and realize how rare and special it is. As Tor Demeester He said: “These are the last months in which 1 Bitcoin will be accessible to the upper middle class.” This quote stuck with me because it is true. The window closes.
If you’re in the race, don’t stop. And if you’ve been on the sidelines, now is the time to act – because Bitcoin’s scarcity will leave a lot of people behind.
This article is a takes. The opinions expressed are entirely those of the author and do not necessarily reflect the opinions of BTC Inc or Bitcoin Magazine.
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