Topic: Is Owning 1 Bitcoin Better Than Being a Millionaire? - page 2. (Read 204 times)

If I had $1,000,000, I would definitely buy 1 or 2 Bitcoins. We are living in the era of financial reset, when the very essence of money will be transformed and rethought.

Most countries in the world are planning to introduce central bank digital currencies (CBDCs). CBDCs are not full-fledged money. In fact, CBDCs are an element of a digital concentration camp. CBDCs are programmable state-centralized assets. You will not be able to use CBDCs freely, you will have to agree to all the conditions that the government sets for you.

In this situation, owning Bitcoin is freedom. In fact, Bitcoin is your own bank, Bitcoin is a strategic resource of the 21st century.

Having one or two Bitcoins, you can create your own crypto-offshore and gain freedom and independence.

Considering how the equivalent of 1 BTC is 100k ish, I'd rather be a millionaire THEN buy Bitcoin. It's pretty simple lol. Anything else can really be ignored when it comes to two items being compared if there's a price tag involved between the two since at that point, only the price really matters (since you can buy the other with money from the one with greater value and vice versa). Now if we were talking about future value then yeah, 1 BTC may become higher valued than 1 mil, but that's for the "future".

And in addition, I don't need a million to buy Bitcoin in the first place!

You should ask your question a little differently.: Which is better, to have 97 thousand dollars (that's how much 1 BTC is worth now) or to have 1 million dollars? And then the choice will be obvious to everyone, since having a million bucks you can buy 1 BTC and you will still have $900 thousand left.

Did you know? The decentralized nature is one of the things that makes bitcoin superior and different from other assets. Bitcoin investors are always proud of that but trust me, wealth and profit are still important and top priority for most people, not privacy. I would be surprised if anyone turned down the chance to become a millionaire with just 1 bitcoin and just to protect their privacy from the government.

Also, owning 1 bitcoin may not make you a millionaire but if you are a millionaire, you will be able to own a large amount of bitcoin if you are still interested in it when you become a millionaire. So this question may seem a bit silly.

I think the OP is asking a question that doesn't really make much sense, because if someone offered you 1 BTC or $1 million, there's no doubt about what most people would choose. However, if I understand correctly, the OP believes that that 1 BTC could one day be worth much more and that owning BTC could be better than keeping fiat in a bank, which of course makes sense for someone who is young and can invest long-term.

However, diversification is something that should never be discarded, because putting all your eggs in one basket has never been a good decision. BTC has proven to be an excellent investment, but without electricity and internet, it can become worthless literally overnight.

If I can have 1 Bitcoin and more and become a millionaire why I only choose one? With 1 million, I can buy many Bitcoins while I still have more money that I can use to grow my business. I will considers Bitcoin as my investment and my business is my way to have a passive income. That will best for me so I can enjoy my life without thinks about financial.

If you own Bitcoin, you can sells your Bitcoin at a highest price that can makes you become a millionaire. And when Bitcoin price is drop because of the correction, you will have a chance to buy many Bitcoins. If you do that, you have many Bitcoins and become millionaire. That will good for you, right?

I don't like the comparison though, I mean there are individuals that become millionaire in their own way and we should respect that. Maybe they are successful entrepreneur have their own business. And here in our investment, it's not that easy to own 1 Bitcoin, it takes years to accumulate specially if you are a average investor just the rest of us here. With that, you should be happy of what we have, regardless if it is 1 Bitcoin or less.

So with that, just continue with our goals, whether we become millionaire with Bitcoin or just have the financial freedom that we have when we started with it.

If I am already a millionaire, I don't know if I'll buy some Bitcoin or will simply ignore the opportunity that lies within it because I'm already rich. But as a pleb, I'm definitely sure that Bitcoin is going to be one of the reasons why my life will become better for the upcoming years to come and that's the goal, to even just own 1 Bitcoin in my entire lifetime and I'm all set. Life is simple but to make it simple, we have to work our ass off and we need to take some risks and late nights for us to be able to buy and stack some BTCs as long as we can.

Pretty dumb thing to ask because if I was a millionaire, or anybody, and we wanted BTC, we could go and get 10 BTC right now, and still have something like $50k leftover.

The question is wrong. The right one is, is being 100% Bitcoin better than being 100% anti-Bitcoin, if both means you are super rich?

'Sense of belonging' is a dumb reason too. 99.99% of people who get into BTC don't get in to belong somewhere, they get in to get rich.

There are some people that are rich and are not into buying and selling of bitcoin. Also you can have millions of dollars and invest it on other assets that their worth and price will increase. Owning bitcoin is good but it is not the only part to success. There are many ways to make it in life. Some people will turn the $1 million to tens or hundreds of million or even billions of dollar without the need of buying bitcoin. You are not wrong that bitcoin is an asset that its price and value will increase but there are many ways of making money with money.

Hey everyone! Have you ever thought about how owning just 1 Bitcoin might actually be more valuable than being a millionaire? I came across some interesting points that really got me thinking, and I’d love to hear your thoughts!

First off, Bitcoin is super scarce—there are only 21 million coins out there. This limited supply can really drive up its value over time, especially compared to regular money that can be printed endlessly. Plus, Bitcoin is decentralized, which means it’s not controlled by any government or central bank. That gives it a level of independence and security that traditional wealth just doesn’t have.

Another thing to consider is inflation. With prices rising, Bitcoin could serve as a hedge against the diminishing value of fiat currencies. It’s like having a safeguard for your wealth! And let’s not forget about the feeling of ownership. When you own Bitcoin, you have direct control over your assets, which is pretty empowering.

Also, as Bitcoin continues to gain mainstream acceptance, its value could really skyrocket. Imagine being one of the few who owns even a single Bitcoin when that happens! Lastly, being part of the Bitcoin community is a huge plus. It’s all about shared values of freedom and innovation, which can give you a sense of belonging that traditional wealth often lacks.

So, what do you all think? Is owning 1 Bitcoin really better than just being a millionaire? I’d love to hear your opinions and any experiences you might have!