Post
Topic
Board Bitcoin Discussion
Re: What is the minimum amount of bitcoin or satoshi should hold for poor?
by
adultcrypto
on 18/11/2023, 15:59:17 UTC
What is the minimum amount of bitcoins a poor person should have? and the minimum time it should be Hold/retained?

It depends on what you call poverty in your country because a poor person in some countries might actually be considered rich in others. For instance, a cleaner in US earning like $10 per hour will be treated like a kind in a place like Bangladesh or Nigeria where even the highly skilled and professional workers may not earn that much. Consequently, while someone from US will see 1BTC as a normal amount of money, someone from a low income country will see 1BTC as a life changing fortune.  Therefore, it becomes difficult knowing the quantity of Bitcoin a poor should hold.

Holding Bitcoin depends on a lot of factors. It takes a great deal of courage and determination for the poor to hold Bitcoin especially when their basic needs are not met by their income.