Quote from: Nrcewker on Today at 12:56:21 PM

Quote from: Ledway on April 26, 2023, 11:33:04 PM

Have you ever wonder how lucrative or powerful Bitcoin is in the crypto world.
And you ask yourself(especially as a beginner in cryptocurrency business) can 1 Bitcoin make you a millionaire? Now listen!
The creator of swiss key,kyle kemper created a formula that determines how much Bitcoin one has to own in relation to the value of the world's wealth and the rise of a Bitcoin over time.
According to Kemper's formula: A person need a total of 0.06624605 BTC in order to guarantee wealth worth $1 million.

Why completely relying on future? And I don’t see any straight connection to the prediction made here. I mean how exactly did he get this number? In order to become millionaire, I have to work hard. This is clear and all should set up in mind. We also know that Bitcoins are limited in number and very valuable. So instead of assuming for the future, if we accumulate as many Bitcoins as we can, then a time will come when the demand of the coin will be increasing, hence the price of the accumulated Bitcoins in your wallet will increase in price. Now many can follow this actually to become millionaire with Bitcoins.

And also the formulary is based on when bitcoin will make $1M. When will it be and which generation will witness it? How sure are we that something more than bitcoin will not happen to the world and truncate the reign of bitcoin.

There's no much difference between his formulary and calculations from that of Satoshi millionaire. All these things are tend to discourage people from doubling their efforts and rely on unrealistic future fortunes.