Re: In 10 years, when BTC is mainstream what % of people will own 1 BTC
1% of world population = 70 millions of people.
There will be 21 millions bitcoin , so more than 1 btc per person for 1% of population is not possible due to something called maths
There will be 21 millions bitcoin , so more than 1 btc per person for 1% of population is not possible due to something called maths
So people going to have only few sats instead of bitcoin.
It is good to us
yes, once more people realize this, they will also realize that $500 is a real bargain.
It's basically investing a minor part of your income now (for many, it's not even a monthly wage) for a chance of having an extremely large share in the future of money.
If you lose, well, big deal, it's just some pocket money you lost.
If you win, you'll be richer than today's millionaires.
You´re being too optimistic....I hope the future be something like this....I can only hope right now.
I just bought some xxxBTCs and will forget them in my wallet for a long time....no ansiety, no pretentions, anything....if it drop so be it...
The actual price flutuation instability is really annoying.
Cheers
where am i being too optimistic?
It's true that you can buy 1 bitcoin for $400ish right now, which, to most people is not a big deal.
It's also true that very few persons can have 1 bitcoin or more, because there will only ever be 21 million bitcoin, and 21 million divided by 7 billion people, is not a lot.
So if bitcoin catches on (and why shouldn't it?) you will be very rich. There are about 12 million people who own a million dollars in the world, there will likely not be 12 million people who own a bitcoin, ever.
So therefore, it's pretty likely that once bitcoin becomes mainstream, the $400 you invest now, might be worth more than a million dollars. (and i don't mean inflated dollars, i mean like today's dollars).
The only thing that can prevent this all from happening, is if bitcoin becomes a failure. But there's no reason to assume that.
And even if bitcoin fails, who really cares about $400? You won't die from wasting $400 once in your life.
I do agree with you and hope Bitcoin become popular and 1,0 BTC will be very valuable.
My fear relies in governments, and, my friend, they have power to block everything by law and fear....BTC must become a lot $$$$ interesting for their adoption, let´s see how the regulation will be, because now we´re in the kindergarden phase, just after the born of the coin (2009).
Just note that some countries already reacted against BTC (Russia, Bangladesh, Equador), others are seeing BTC as a threat (i.e. UK), one thing is certain: They must control the coin somehow or they will react against it.
Cheers