From my research, the average global adult income (adjusted for purchasing power parity) is about $23,380 per year. The bottom 50% of global income earners receive only around 8% of global income, earning on average just ~$3,920 per year.
One can reasonably infer that well over 90% of the global population earn less than $50,000 annually.
Given current btc price, that's not even upto half. Here's what I think;
If the majority of the world’s population, who earn under $50,000 a year, can’t realistically afford to invest in it meaningfully anymore and for many, even buying 0.1 BTC feels out of reach, then we can almost say that something that once symbolized financial freedom for everyone has now become more like an elite asset, accessible mainly to the top income brackets or early adopters.
I am not in question of btc service as a store of value and a hedge against inflation, but its wealth equalizer dream today. For most of the world, they can only watching from the sidelines.
My take, I strongly feel btc will grow more and more centralized over time as institutions buy up more and more btc, of course, price will keep going higher and higher, but I feel it will eventually get to a ceiling where It can not go higher than that again. More like a climax. Just my pre-evening thoughts, what do you guys think?
One can reasonably infer that well over 90% of the global population earn less than $50,000 annually.
Given current btc price, that's not even upto half. Here's what I think;
If the majority of the world’s population, who earn under $50,000 a year, can’t realistically afford to invest in it meaningfully anymore and for many, even buying 0.1 BTC feels out of reach, then we can almost say that something that once symbolized financial freedom for everyone has now become more like an elite asset, accessible mainly to the top income brackets or early adopters.
I am not in question of btc service as a store of value and a hedge against inflation, but its wealth equalizer dream today. For most of the world, they can only watching from the sidelines.
My take, I strongly feel btc will grow more and more centralized over time as institutions buy up more and more btc, of course, price will keep going higher and higher, but I feel it will eventually get to a ceiling where It can not go higher than that again. More like a climax. Just my pre-evening thoughts, what do you guys think?
