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.
These are all just speculations and there is basically no reality or login in them, the calculations are also based on speculations and not data since there is basically no data available from the future, and if data from the past and present are used to evaluate something, that is considered speculating, so that's basically what it is.
We understand the potential of Bitcoin, and that it can reach a very high value at some point in the future but we can't determine the actual value it will reach nor we can know the exact time, all we can do is make speculations and predictions based on its current value and present data.