Simply Bitcoin How Much Bitcoin Do You Need to Be in the 1% ? | EP 1142
Dec 18, 2024
Nicholas Hoffman, Head of News at Bitcoin Magazine and a social media expert, joins the discussion to explore how much Bitcoin one needs to join the top 1%. The conversation humorously categorizes Bitcoin holders, emphasizing the value of acquiring at least one Bitcoin. They discuss Bitcoin's capped supply, its rising legitimacy among institutional investors like BlackRock, and the growing political power of Bitcoin advocates. The duo also shares insights on the bright future of Bitcoin, including potential regulatory changes and upcoming ventures.
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Whole Coiner Window
- The window to become a whole coiner is closing but still achievable.
- The number of whole coiners may have peaked.
Acquire One Bitcoin
- Strive to acquire one Bitcoin, despite the current high price.
- Future opportunities to buy at lower prices may arise, like during the predicted 2026 bear market.
Future Top 1%
- Acquiring one Bitcoin now could place you in the top 1% in the future, if predictions hold true.
- This is based on Michael Saylor's base case prediction of $13 million per Bitcoin by 2045.