Post
Topic
Board Bitcoin Discussion
Re: Who says it's too late to buy Bitcoin?
by
Abiky
on 26/02/2025, 13:19:24 UTC
The market cap of gold is about 19 trillion while the market cap of Bitcoin is about 1.9 trillion which means the market cap of gold is 10x higher than that of bitcoin which is to show that bitcoin still has a long way to go, so i wonder why anyone will say that it's too late to buy bitcoin, so inasmuch as bitcoin has not yet surpassed the market cap of gold and has not been adopted globally and the supply of 21 million bitcoins has not been fully mined, it is never too late to buy bitcoin IMO.

Exactly. There's a long road ahead before Bitcoin takes over the world. It hasn't even surpassed Gold's market cap yet. Most people haven't either heard about it or used it yet. There's the limited Internet infrastructure problem and the lack of reliable power/energy among a handful of countries. Once these issues are solved, mainstream adoption for Bitcoin will rise.

At the time of this writing, Bitcoin represents a small percentage of the world's GDP. So yeah, we're still super early. I hope you bought some BTC for a rainy day. You're going to need it... Smiley