Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin just for the rich?
by
Cryptmuster
on 10/07/2025, 08:16:52 UTC
Someone said that Bitcoin is for the rich, but that's not completely true. It might feel like Bitcoin is for the rich due to the media focuses on celebrities and billionaires buying and benefiting from Bitcoin. This creates a perception that Bitcoin is a rich person's asset. Even during network congestion, fees can spike making small transactions very expensive. But let's not forget that Bitcoin is neutral, it can empower the rich or help lift the poor, it actually depends on how communities adopt it. So understand that Bitcoin is for everyone, you can buy tiny fractions, not until you afford a whole Bitcoin.

The same applies to any other asset. You can also say that gold is only for the rich, but at the same time you can go to a pawnshop and buy a small ring weighing a few grams. The same goes for bitcoin. You can buy a few satoshis and already own a small part of a bitcoin, even if you cannot afford to buy a whole bitcoin right away. But the truth is, this will not make you rich. You can keep buying small portions of bitcoin for a long time if its price keeps rising rapidly.

I admit that for ordinary people owning one full bitcoin in the future might become an unreachable goal, and for many people with modest income it has already become unreachable. That is why I think the more bitcoin grows in value in the future, the more boldly it can be called an asset for the wealthy. I mean owning an entire bitcoin, not just a small part of it.