Let me be honest – becoming a collector is one of the smartest moves you can make, but it also gets really hard. I remember when I first got into bitcoin in 2016. The price was around $400-$500, and owning one whole bitcoin felt possible.
Now? It is a completely different story.
Bitcoin is sitting almost $100,000and owning even half a bitcoin feels out of reach for most people. Let's put this into perspective: the average savings for someone under 35 in the US now equal to 20 540 US dollars. That's not even 25% of what it costs to buy 1 BTC today. Most of these millennials and zoomers can only dream of owning all of bitcoin – it's just not realistic for the average person anymore.
And here's the part that really blows my mind: yes only about 1 million bitcoin addresses which has more than 1 BTC. Even if we assume that each of these addresses belongs to a different person (which is not true), that is only 0.0125% of the world's population. Think about it – being a collector already puts you in one of the most exclusive clubs in the world.
Now, let's compare that to fiat millionaires. Yes about 58 million million people all over the world. And here's the kicker: there are only 21 million bitcoins in total. Even if every millionaire on the planet wanted to have one bitcoin, they couldn't. There just isn't enough bitcoin to go around. That's why being a whole maker is better than being a fiat millionaire. Fiat is infinite – anyone can become a millionaire in a system where money is printed without limit. But bitcoin? It's tough. barely
If you are a millionaire and you don't have at least 1 bitcoin yet, wake up. The race is on, and most millionaires are going to lose. And if you're already a full-time keeper? Congratulations on your news. You are part of the 0.0125% that will ever own this amount of bitcoin.
It may not feel like a big deal now, but in 20 or 30 years, you'll look back and realize how rare and special it is. Like Tur Demeester said: “These are the last months that 1 BTC is accessible to the upper middle class.” That quote stuck with me because it's true. The window is closing.
If you're in the race, don't stop. And if you're on the sidelines, it's time to move – because shortage of bitcoins he is going to leave a lot of people behind.
This article is a Take. The views expressed are entirely those of the author and do not necessarily reflect the views of BTC Inc or Bitcoin Magazine.
