Thursday, October 4, 2018
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» Bitcoin is Still at an Early Stage: If You Hold 0.28 BTC, You’re Part of the 1%
Bitcoin is Still at an Early Stage: If You Hold 0.28 BTC, You’re Part of the 1%
Due to the fixed supply of Bitcoin, former Google Product Director Steve Lee stated that only 1 percent of the world’s population can own more than 0.28 BTC.
“If you own 0.28 BTC and HODL, you can be certain no more than 1% of the current world’s population can ever own more BTC than you. A modest investment of $1,830 today can ensure you are a 1%er in a future Bitcoin world,” Lee explained.
Throughout the next few years, the scarcity of Bitcoin will increase as more investors and institutions continue to accumulate the cryptocurrency, which could further reduce the total possible number of individuals that can ever own one whole Bitcoin (1 BTC)
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