Post
Topic
Board Bitcoin Discussion
Re: If someone holds 1 bitcoin in 2023, can he call himself rich ?
by
hd49728
on 24/10/2023, 01:37:58 UTC
If someone holds 1 bitcoin in 2023, can he call himself rich ? If not, how many bitcoins holding is equal to being rich in your opinion ?
Rich is a flexible definition.

You can make your math with value of 1 BTC in 2023. You can take its price at start of this year or today. Example today price, it is $33,642 and is $33,642 enough to make a person rich?

It depends on where that person lives and how cheap or expensive daily expense in that local area is.

If that person is living in an area that only needs like $2 or $5 to live for a family in a single day, you can consider 1 BTC is enough to help that person rich.

If living expense is higher, more expensive, then $33,642 from 1 BTC is not enough to help someone rich.