Pages:
Author

Topic: How many hours an American needs to work to earn 1 Bitcoin - page 2. (Read 197 times)

hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino
Talking about hours that Americans will work before earning a bitcoin, it depends on the kind of job a particular American is doing. But, I don't know if this is particular about an American because generally in every country, it is difficult to work and earn a bitcoin with the current price now.
sr. member
Activity: 1932
Merit: 300
Vave.com - Crypto Casino
You didn't even needed to work for an hour to have a couple of bitcoin back in 2009. But that doesn't make any difference as people are using fiat to buy things they need for survival and living a life. Bitcoin is mostly bought to hold and trade. Once bought, bitcoin works for itself increasing it's price.
sr. member
Activity: 1190
Merit: 253
With all due respect, whatever nationality you have, you can still acquire a Bitcoin. Whether you are an American Citizen or from other countries, we should really work hard and invest wisely. Let your invested fiat work for you. Start small in Bitcoin but with consistency.
sr. member
Activity: 560
Merit: 256
The last decade has been a tough time for many American workers, with the cost of living rising drastically while wages have largely stagnated. However, it appears that the reduced purchasing power of the US dollar (USD) could have been wholly offset had wages been paid in Bitcoin, a cryptocurrency that has appreciated by more than 2,200% since 2015.

With the average American pulling in around $28.29 per hour according to MarketWatch, it would currently take almost 257 hours to purchase a single Bitcoin (BTC) at its current value (circa. $7,315). Comparatively, somebody earning the federal minimum wage of $7.25 per hour would need to work just over 1,000 hours to earn a single Bitcoin.

Full News source here
(Not click campaign, just sharing information)

If you are thinking on getting a job as an American citizen and trying to achieve some FIAT for 1 Bitcoin, that's the information you are looking for Tongue

But we all know all it comes down to price fluctuations and American's market economy and many more variables so it's not something static but as mentioned an average estimation.

To put this into perspective, most Americans would need to work at least 23x longer to earn a single Bitcoin now, compared with 2015.

Have you reached something similar as working as an American citizen to buy a piece of Bitcoin (Satoshis) as for your Investment or any other related crypto involvement?
I think the salary paid in bitcoin in the US is a huge progress. That shows bitcoin has a foothold in the country. It will help improve the lives of the American people because the value of a bitcoin is much higher. Not to mention that if bitcoin increased in price they would make a big profit.
sr. member
Activity: 625
Merit: 258
The last decade has been a tough time for many American workers, with the cost of living rising drastically while wages have largely stagnated. However, it appears that the reduced purchasing power of the US dollar (USD) could have been wholly offset had wages been paid in Bitcoin, a cryptocurrency that has appreciated by more than 2,200% since 2015.

With the average American pulling in around $28.29 per hour according to MarketWatch, it would currently take almost 257 hours to purchase a single Bitcoin (BTC) at its current value (circa. $7,315). Comparatively, somebody earning the federal minimum wage of $7.25 per hour would need to work just over 1,000 hours to earn a single Bitcoin.

Full News source here
(Not click campaign, just sharing information)

If you are thinking on getting a job as an American citizen and trying to achieve some FIAT for 1 Bitcoin, that's the information you are looking for Tongue

But we all know all it comes down to price fluctuations and American's market economy and many more variables so it's not something static but as mentioned an average estimation.

To put this into perspective, most Americans would need to work at least 23x longer to earn a single Bitcoin now, compared with 2015.

Have you reached something similar as working as an American citizen to buy a piece of Bitcoin (Satoshis) as for your Investment or any other related crypto involvement?
Pages:
Jump to: