If Bitcoin really reaches 1 million dollars each, what impact will it have on those who have never participated in Bitcoin?
$BTC If Bitcoin really reaches 1 million dollars each, what impact will it have on those who have never participated in Bitcoin?
Bitcoin will cause the largest wealth redistribution in human history, and no one can stand aside.
For the past decade, not buying Tencent stock means just missing out on that money, and life goes on as usual. However, if one did not buy a house in the past decade, it would be very difficult now. Two people with the same work income, one buys a house and the other does not, will have an asset scale that differs by an order of magnitude. The essential reason for this gap lies in the minting tax. In our country, M2 has grown by an average of 20% per year; in the past decade, aside from real estate, there has been no other major asset class that can continuously outperform inflation. So, not buying a house is equivalent to being taxed 20% by the minting tax every year, while buying a house is equivalent to being exempt from the minting tax.