Re: How many hours an American needs to work to earn 1 Bitcoin
The last decade has been a tough time for many American workers, with the cost of living rising drastically while wages have largely stagnated. However, it appears that the reduced purchasing power of the US dollar (USD) could have been wholly offset had wages been paid in Bitcoin, a cryptocurrency that has appreciated by more than 2,200% since 2015.
With the average American pulling in around $28.29 per hour according to MarketWatch, it would currently take almost 257 hours to purchase a single Bitcoin (BTC) at its current value (circa. $7,315). Comparatively, somebody earning the federal minimum wage of $7.25 per hour would need to work just over 1,000 hours to earn a single Bitcoin.
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If you are thinking on getting a job as an American citizen and trying to achieve some FIAT for 1 Bitcoin, that's the information you are looking for
America as a Superpower has a high income per capita. By looking at the federal minimum wage of Americans per hour, an employee should be able to save money to buy Bitcoin easily. But can it be easily done? Given that the cost of living in America is expensive. Only Americans know. With the average American pulling in around $28.29 per hour according to MarketWatch, it would currently take almost 257 hours to purchase a single Bitcoin (BTC) at its current value (circa. $7,315). Comparatively, somebody earning the federal minimum wage of $7.25 per hour would need to work just over 1,000 hours to earn a single Bitcoin.
Full News source here
(Not click campaign, just sharing information)
If you are thinking on getting a job as an American citizen and trying to achieve some FIAT for 1 Bitcoin, that's the information you are looking for
