Did you know that if you bought Bitcoin instead of every new iPhone, you would have $250 million?
Perhaps you haven't thought about this comparison, but the cryptocurrency community is very excited and continuously compares the king of currencies with other luxury products such as gold, fiat currencies, and sometimes high-end mobile devices provided by the Apple technology group.
Apple's iPhone is one of the most popular technological devices, increasingly favored over the years due to its high-resolution display, sharp camera, and a growing app ecosystem along with many other factors.
Since the first iPhone in 2007, Apple has launched a new smartphone model almost every year. This technology brand has built a loyal user base globally to the extent that you often see long lines of customers waiting to buy the latest device on launch day whenever Apple introduces a new iPhone.
However, Bitcoin, often regarded as a fraudulent currency, has peaked in recent years and attracted a loyal user base. So what if you weren't obsessed with each new iPhone launch and instead invested in Bitcoin?
From the price of $199 in the early years to $999 in recent years, the iPhone has become increasingly expensive. If you didn't buy each new model but instead invested in Bitcoin, you would now own 2,250 BTC.
When Bitcoin traded at around $114,500 on August 24, you would have $257.6 million in Bitcoin.
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