Want to be rich? Bitcoin’s limited supply cap means you only need 0.01 BTC
In 10 years Bitcoin’s finite supply will be nearly exhausted, meaning holders might only need 0.01 BTC to become filthy rich. In 10 years Bitcoin’s finite supply will be nearly exhausted, meaning holders might only need 0.01 BTC to become filthy rich.Saving 0.01 Bitcoin (BTC) might cost only $500 today but according to the current global wealth distribution and the digital asset's limited supply, 0.01 BTC just might be enough to make one a millionaire in the future.According to Credit Suisse's "Global Wealth Report 2020", there are 51.9 million individuals with a net worth surpassing $1....
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Ethereum’s rise means it has an intrinsic value. This article explores the cryptocurrency’s main features that add value to its offering. Can Ethereum be a store of value?The competition with BTC as a store of value is open. Due to its real-world usage, ETH has the potential to become the dominant digital currency, according to financial analysts.Both BTC and ETH have long been regarded as hedges against inflation due to their decentralization and programmable supply. While Bitcoin’s limited supply of 21 million coins is a clear feature, Ether’s supply is not limited but considered....
Fresh data from Binance suggests that Bitcoin’s (BTC) illiquid supply has reached historically high levels, a development that could set the stage for BTC to eye the $150,000 milestone by the end of 2025. Bitcoin Illiquid Supply On Binance Hit Record Highs According to a CryptoQuant Quicktake post by contributor Arab Chain, Bitcoin’s illiquid supply recently touched new highs on the Binance exchange. In contrast, BTC’s liquid supply has seen a significant decline. Related Reading: Bitcoin Sentiment On Binance Turns Bullish – But Is The Market Setting A Trap? The CryptoQuant contributor....
With less than two million bitcoin left to be mined, Bitcoin’s limited supply has just gotten even more limited.
The Bitcoin market capitalization is once again sufficient to cover the M1 money supply of either Australia or Canada. Another day of gains for Bitcoin (BTC) has seen the price of the largest crypto by market capitalization go beyond the $1.1 trillion mark — $1.105 trillion to be precise.This market capitalization growth now means that Bitcoin’s market size has surpassed Canada’s M1 money supply which stands at $1.104 trillion according to data from CEIC.At the present figure, Bitcoin’s market capitalization is also greater than the M1 money supply of the Australian dollar which currently....
Whether a coin has a maximum supply (like Bitcoin’s 21 million) or is infinitely inflationary (like Ethereum) has significant effects on that coin’s usage. For example, people tend to save that which is limited in supply, and that they tend to spend that which is inflationary in supply. So which side of the tracks does up-and-coming cryptocurrency Dash fall on? This video explains Dash’s coin emission rate in detail: The reason currencies that are limited in supply encourage savings (potential investment) in the long-run is that — should demand for said currency either remain the same or....