If everything goes smoothly, the price of Bitcoin may rise to 20 million US dollars in 20 years!
Bitcoin's halving occurs every 4 years, which means 5 cycles in 20 years.
If it’s linear growth, each cycle only needs to increase by 5.25 times, which means Bitcoin only needs to grow 50% each year compared to the previous year. People often underestimate the power of compound interest.
If it's exponentially decreasing growth, the multiples for each cycle are: 11.8 times, 7.2 times, 4.85 times, 3.54 times, and 2.75 times. People often do this; even when they are already on a shortcut, they are still desperately looking for shortcuts. Even if you know that Bitcoin can achieve financial freedom, you might still be unhappy because you don’t want to wait, and you want to take shortcuts.
If you buy 1 Bitcoin, you need to wait 20 years for financial freedom. You think it's too long, you are unwilling to wait, and you feel frustrated. However, if you don’t buy, 4 years later, you might not even have the opportunity to feel frustrated because by then, you won't be able to afford even 1 Bitcoin.
The vast majority of people will never have the possibility of achieving financial freedom in their lifetime; only a very small number can achieve it.
If you buy 1 Bitcoin and wait 20 years, apart from that, you don’t need to do anything else, that is already the shortcut of shortcuts. Crazy improvement of earning capacity outside the circle, earn more fiat currency + multi-national currencies + can shorten the time to achieve financial freedom.
However, to shorten 1 cycle, the amount of currency needs to increase by about 3-4 times, which is very difficult for everyone. There are always ways to quickly achieve financial freedom, which can also extend beyond the cryptocurrency circle, but overall the probability is extremely low.
Many veterans in the crypto circle are struggling, but except for a few people, the results for the vast majority are not ideal.
The total amount of Bitcoin is limited, fixed at 21 million. Everyone in the circle wants to earn coins, and the number of people entering the circle is increasing. As more and more people hold assets in national currencies, the circulating quantity will decrease, competition will become more intense, and the price will naturally rise. When 1 million people are playing, there will only be an average of 21 coins per person.
When 10 million people are playing, there will only be an average of 2.1 coins per person. When 100 million people are playing, there will only be an average of 0.21 coins per person.
This is why, as time goes by, the coins in everyone's hands are getting fewer and fewer. #币安累计交易量突破100万亿美元