
{"id":32843,"date":"2025-01-02T21:39:36","date_gmt":"2025-01-02T21:39:36","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=32843"},"modified":"2025-01-02T21:39:36","modified_gmt":"2025-01-02T21:39:36","slug":"owning-1-bitcoin-is-better-than-being-a-millionaire","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=32843","title":{"rendered":"Owning 1 Bitcoin Is Better Than Being a Millionaire"},"content":{"rendered":"<p>Let me be honest\u2014becoming a wholecoiner is one of the smartest moves you can make, but it\u2019s also becoming ridiculously hard. I remember when I first got into bitcoin back in 2016. The price was around $400-$500, and owning one full bitcoin felt totally doable.<\/p>\n<p>Now? It\u2019s a completely different story. <\/p>\n<p>Bitcoin is sitting <a href=\"https:\/\/www.bitcoinmagazinepro.com\/bitcoin-price-live\/\">near $100,000<\/a>, and owning even half a bitcoin feels out of reach for most people. Let\u2019s put this into perspective: the average savings for someone under 35 <a href=\"https:\/\/www.experian.com\/blogs\/ask-experian\/average-savings-by-age\/#\">in the U.S.<\/a> is just $20,540. That\u2019s not even 25% of what it costs to buy 1 BTC today. Most of these millennials and zoomers can only dream of ever owning a whole bitcoin\u2014it\u2019s just not realistic for the average person anymore.<\/p>\n<p>And here\u2019s the part that really blows my mind: there are <a href=\"https:\/\/www.bitcoinmagazinepro.com\/charts\/addresses-greater-than-1-btc\/\">only about 1 million bitcoin addresses<\/a> that hold more than 1 BTC. Even if we assume every single one of those addresses belongs to a different person (which isn\u2019t true), that\u2019s just 0.0125% of the global population. Think about it\u2014being a wholecoiner already puts you in one of the most exclusive clubs in the world.<\/p>\n<p>Now, let\u2019s compare that to fiat millionaires. There are <a href=\"https:\/\/nomadcapitalist.com\/global-citizen\/how-many-millionaires-are-in-the-world\/\">about 58 million millionaires<\/a> worldwide. And here\u2019s the kicker: there are only 21 million bitcoin in total. Even if every single millionaire on the planet wanted to own one bitcoin, they couldn\u2019t. There\u2019s just not enough bitcoin to go around. That\u2019s why being a wholecoiner is better than being a fiat millionaire. Fiat is infinite\u2014anyone can become a millionaire in a system where money is endlessly printed. But bitcoin? It\u2019s hard-capped. Scarce.<\/p>\n<p>If you\u2019re a millionaire and you don\u2019t own at least 1 bitcoin yet, wake up. The race is on, and most millionaires are going to miss out. And if you\u2019re already a wholecoiner? Congratulations. You\u2019re part of the 0.0125% who will ever own this much bitcoin.<\/p>\n<p>It might not feel like a big deal now, but in 20 or 30 years, you\u2019ll look back and realize how rare and special it is. As Tuur Demeester <a href=\"https:\/\/x.com\/TuurDemeester\/status\/1874712386424463612\">said<\/a>: <em>\u201cThese are the last months that 1 BTC is accessible to the upper middle class.\u201d<\/em> That quote stuck with me because it\u2019s true. The window is closing.<\/p>\n<p>If you\u2019re in the race, don\u2019t stop. And if you\u2019re on the sidelines, it\u2019s time to get moving\u2014because <a href=\"https:\/\/bitcoinmagazine.com\/tags\/scarcity\">bitcoin\u2019s scarcity<\/a> is going to leave a lot of people behind.<\/p>\n<p><em>This article is a <\/em><a href=\"https:\/\/bitcoinmagazine.com\/takes\/bitcoin-magazine-introduces-opinion-takes\"><em>Take<\/em><\/a><em>. Opinions expressed are entirely the author&#8217;s and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Let me be honest\u2014becoming a wholecoiner is one of the smartest moves you can make, but it\u2019s also becoming ridiculously hard. I remember when I first got into bitcoin back in 2016. The price was around $400-$500, and owning one full bitcoin felt totally doable. Now? It\u2019s a completely different story. Bitcoin is sitting near [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":32844,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-32843","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/32843"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32843"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/32843\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/32844"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}