Let me be honestābecoming a wholecoiner is one of the smartest moves you can make, but itās also becoming ridiculously hard. I remember when I first got into bitcoin back in 2016. The price was around $400-$500, and owning one full bitcoin felt totally doable.
Now? Itās a completely different story.
Bitcoin is sitting near $100,000, and owning even half a bitcoin feels out of reach for most people. Letās put this into perspective: the average savings for someone under 35 in the U.S. is just $20,540. Thatās not even 25% of what it costs to buy 1 BTC today. Most of these millennials and zoomers can only dream of ever owning a whole bitcoināitās just not realistic for the average person anymore.
And hereās the part that really blows my mind: there are only about 1 million bitcoin addresses that hold more than 1 BTC. Even if we assume every single one of those addresses belongs to a different person (which isnāt true), thatās just 0.0125% of the global population. Think about itābeing a wholecoiner already puts you in one of the most exclusive clubs in the world.
Now, letās compare that to fiat millionaires. There are about 58 million millionaires worldwide. And hereās the kicker: there are only 21 million bitcoin in total. Even if every single millionaire on the planet wanted to own one bitcoin, they couldnāt. Thereās just not enough bitcoin to go around. Thatās why being a wholecoiner is better than being a fiat millionaire. Fiat is infiniteāanyone can become a millionaire in a system where money is endlessly printed. But bitcoin? Itās hard-capped. Scarce.
If youāre a millionaire and you donāt own at least 1 bitcoin yet, wake up. The race is on, and most millionaires are going to miss out. And if youāre already a wholecoiner? Congratulations. Youāre part of the 0.0125% who will ever own this much bitcoin.
It might not feel like a big deal now, but in 20 or 30 years, youāll look back and realize how rare and special it is. As Tuur Demeester said: āThese are the last months that 1 BTC is accessible to the upper middle class.ā That quote stuck with me because itās true. The window is closing.
If youāre in the race, donāt stop. And if youāre on the sidelines, itās time to get movingābecause bitcoinās scarcity is going to leave a lot of people behind.
This article is a Take. Opinions expressed are entirely the author's and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.
Full story here: