Post
Topic
Board Speculation
Re: The power of Bitcoin in global world
by
palle11
on 27/04/2023, 15:29:04 UTC
Have you ever wonder how lucrative or powerful Bitcoin is in the crypto world.

According to Kemper's formula: A person need a total of 0.06624605 BTC in order to guarantee wealth worth $1 million.

I think his hypothesis is not yet complete for someone to have interest to debate on it. I have no problem if he is speculating 0.06624605 btc to guarantee wealth worth of $1 million but my point is how many years will the hodl that value of bitcoin until it gets to a million dollar. Is the person hodling for eternity? Anyway, we know that he is merely speculating just like anyone can do. Hodling some fractions of bitcoin for a long time is sure to increase no doubt but no guarantee on how much value it can create.