Let me be honest: becoming an interocoiner is one of the smartest moves you can make, but it’s also becoming ridiculously difficult. I remember when I first started using Bitcoin in 2016. The price was around $400-$500 and owning an entire Bitcoin seemed totally doable.
Now? It’s a completely different story.
Bitcoin is close to $100,000 and owning even half a bitcoin seems out of reach for most people. Let’s put this in perspective: The average savings for a person under 35 in the United States is just $20,540. That’s not even 25% of what it costs to buy 1 BTC today. Most of these millennials and zoomers can only dream of owning an entire bitcoin – it’s simply no longer realistic for the average person.
And here’s 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 that each of these addresses belongs to a different person (which isn’t true), that’s only 0.0125% of the global population. Think about it: being a totalcoiner already puts you in one of the most exclusive clubs in the world.
Now let’s compare it to fiat millionaires. There are approximately 58 million millionaires worldwide. And here’s the interesting thing: there are only 21 million bitcoins in total. Even if every single millionaire on the planet wanted to own a bitcoin, they couldn’t. There are simply not enough bitcoins for everyone. This is why being an interocoiner is better than being a fiat millionaire. Fiat is infinite: anyone can become a millionaire in a system where money is printed infinitely. But bitcoin? It’s stiff. Rare.
If you are a millionaire and don’t yet own at least 1 bitcoin, wake up. The race is on and most millionaires will miss out. What if you are already an interocoiner? Congratulations. You are part of the 0.0125% who will ever own this much bitcoin.
It may not seem like a big deal now, but in 20 or 30 years you will look back and realize how rare and special it is. As Tuur Demeester said: “These are the last months where 1 BTC is accessible to the upper middle class.” That quote stuck with me because it’s true. The window is closing.
If you’re in the race, don’t stop. And if you’re on the sidelines, it’s time to get a move on, because the bitcoin shortage will leave a lot of people behind.
This article is a Take. The opinions expressed are entirely the author’s and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.