A single Bitcoin is enough for the second half of life.

The supply situation of Bitcoin is very unique. Currently, there are approximately 19.79 million Bitcoins in the global market. If evenly distributed among every person on Earth, each person would receive a maximum of 0.002125 BTC, which would cost about $212 at today's prices to obtain an equal share. However, in reality, the distribution of Bitcoin is extremely uneven, with an increasing amount being held by governments, insurance companies, corporations, and other entities, while the supply available to individuals is rapidly decreasing.

The price trend of Bitcoin is also highly notable. On December 5 of this year, the price of Bitcoin broke through the $100,000 mark, reaching an all-time high, with a total market value exceeding $2 trillion, making it the seventh largest asset in the world, even surpassing the combined market value of seven listed companies including China Mobile and Bank of China. There are many factors behind its price increase. The "Trump trade" is an important driving force; Trump has repeatedly endorsed cryptocurrency during his campaign, and after winning the election, Bitcoin entered a rapid growth phase.

In addition, the four-year halving mechanism of Bitcoin itself cannot be ignored. Since 2012, every four years, the mining reward for the Bitcoin network has halved. For example, before 2011, miners would receive 50 Bitcoins as a reward for mining one block, which is set to decrease to 3.125 Bitcoins after April 20, 2024. This expectation of reduced supply often triggers price increases; in May of this year, the price of Bitcoin rose by about 20% for this reason.

At the same time, the emergence of Bitcoin ETF funds has increased capital supply. This year, capital markets such as the U.S. and Hong Kong stock markets issued a batch of Bitcoin spot ETFs, which have low investment thresholds and strict regulations, making them popular among mainstream investors.

Additionally, the end of the Federal Reserve's interest rate hike cycle, with the first rate cut of 50 basis points since 2020 on September 18, 2024, has concluded the cycle of 525 basis points of rate increases, and the released liquidity has added to economic uncertainty, prompting more investors to choose Bitcoin to hedge against risks.