My understanding was that the target for the minimum amount of Bitcoin which most
people wanted to own was/is 1BTC in our current bull market that target becomes
more out of reach for the people who most need it.
As an investment Bitcoin is a very friendly asset for the nit so wealthy classes. There
is no minimum purchase amount and each and every one of us gets to hold our investment
if we want.
We all like to see Bitcoin rise in value and increase in adoption but its pushing it away from
the people who need it and into the people who control large portions of wealth.
A bit of a conundrum...
Do ordinary people need Bitcoin? This is a difficult question.
Bitcoin is not an anonymous or private cryptocurrency. Ordinary people usually do not have the technical skills to use bitcoins anonymously. What then is bitcoin better than a standard payment system?
Or are we talking about trading speculation? Bought cheap, sold dear? However, the source of wealth must be labor. It is the creation of something new that should bring wealth.
Bitcoin can be a great global reserve currency. In this capacity, he will benefit all people. There will be more order and less chaos in global finance.