Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin just for the rich?
by
JiiBs
on 18/07/2025, 22:28:00 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.
It’s not a case of it not being entirely true, it’s actually not true. I think those that look at it from this perspective don’t seem to understand that money has got other denominations within it. It’s more like, looking at the dollar without having to recognize it’s got cents and even at that, we’ve got the $100, $50 and $1 notes. Bitcoin has got its sat denominations and sats aren’t any less of a Bitcoin, pile them up enough and you would have a whole Bitcoin looking at you.

That’s why it’s not okay to say it’s for the reach, it would be just those that can’t afford 1BTC having to plan on buying in big, targeting 1BTC and don’t care about buying sats. They almost never make it and next you hear, it’s for the rich!