Alright so I've been pretty heavy on telling people that you're going to want at least 1 BTC. *Of course this is not financial advice and do your own research before investing. but many feel trying to get their hands on 1 BTC is too risky or simply too much now that it's been hovering in that 50k to 60k range from the 20k it was back when I was preaching this all.

The reason why is there's only 21 million bitcoin of which over 19 million have already been mined. On top of that there's most likely at least a million lost forever from burns, hacks gone wrong, misplaced keys and so forth. It's also reported by a few that most likely over 3 million have fallen victim to this putting an even larger strain on the real number to be minted into existence. Now of course all of that is best guess by people watching wallets but I suspect through burns and lost wallets and keys that this number most likely is at least around 1 million best guess.

What's The New Number?

The new number being talked about now is owning at least 0.21 BTC or roughly $13,300 in USD at the moment. A much more manageable number that a vast amount of people should be able to get it in some way.

Why 0.21 BTC?

Let's have a look....

Comparision

When you compare the Fiat value to the bitcoin value you get roughly $13,000 at the moment in the Fiat world. Now while that's a pretty good sum of money for a vast majority of people it's really only an emergency fund or a family vacation. It's not much and it doesn't contribute to much in the world of things.

However flip that into the BTC world and you are now one of 100,000,000 people. With a world population of 8.1 trillion people that's a rather small amount.

Factor into that that the USA along has over 300 million people and counting.

When you start to factor this in even if you put the USA as the ONLY people owning bitcoin that would mean owning 0.21 BTC would put you with 1/3 above everyone else. But we all know Bitcoin isn't just a USA thing it's a world wide thing and mega corps have already piled in millions of bitcoin themselves further showing us the true value of what owning 0.21 BTC means.

Putting this in the world sphere of things owning just 0.21 BTC would mean you're in the top 1% of the world in terms of ownership of bitcoin which is pretty dang huge.

I still remember mining that within a month back in 2011 from my computer with 2 GPUs lol

Now this also makes sense when you think about it because fiat just simply keep increasing in terms of the supply of it. Think back just 20 years ago when making $13 was a good wage. Now you nearly never see this as people are starting at $18+. Coupled with crazy high inflation that very well might come back in 2025 or 2026 and assets like bitcoin, gold, silver are looking more and more promising as stores of value.

What are you thoughts on stacking BTC?

Posted Using InLeo Alpha