2024.5.26 Sunday
Today, Bitcoin is still trading sideways at around 70,000 US dollars. It is unknown how long this will last.
The United States is currently in the midst of a presidential election, and 20% of the country's adults are playing with cryptocurrencies. If you want to win the votes of this group of people, you can't avoid Bitcoin.
Moreover, many whales buy Bitcoin whenever the price drops, and ordinary people can buy less and less. I looked at the Bitcoin purchases on Binance EURUSD C2C, and basically they are selling in decimal quantities, and not many people are selling integer quantities.
In the current market, a large pancake costs about 500,000 yuan, and buying 0.28 large pancakes requires at least 140,000 yuan, which is not a small amount for an average family, but it is still affordable if you try hard.
In the future, as the supply of pancakes decreases, the price will surely become more and more expensive. By then, it will be difficult for an average family to afford 0.28 pancakes.
There are only 21 million pies in total. With so many people in the world, and 36 million people with a net worth of over one million US dollars, each person does not get even one piece of the pie.
Statistically speaking, if you own 0.28 of the pie, you are among the richest 1% of the world's population.
Go ahead and stock up on 0.28 Bitcoins. Make sure to store them in a cold wallet. Only when you control the private key to keep your assets, Bitcoins truly belong to you, unless you lose them yourself.