Post
Topic
Board Bitcoin Discussion
Re: WILL OWNING 1 BTC MAKE GENERATIONAL WEALTH?
by
Silberman
on 29/08/2024, 21:12:46 UTC
Will owning 1 btc make generational wealth?

Doubt it, one bitcoin is without a doubt a nice amount of money to pass to your loved ones, but in many countries that amount is not even enough for the down payment of a house, and while the value of bitcoin has very reasonable chances to keep growing, it is not as if whoever gets to inherit that bitcoin gets stock dividends or something similar, so if you want to use some of that wealth, you need to sell the corresponding amount of bitcoin and only if you use that money for a profitable activity, you could buy again the amount of bitcoin that you sold.