For many, the massification of Bitcoin is inevitable. And it is that, the advancement of the cryptocurrency in recent years, has allowed its value to increase exponentially, making thousands of people rich around the world. However, as BTC becomes more and more popular, its value will likely continue to increase. Which in the end could lead to you being rich with as little as 0.01 Bitcoin or $ 500 of investment today.
Scarcity: the basis of everything
When a person approaches the crypto world for the first time, it is natural that the first question that comes to mind is “Why is a virtual currency without government backing have any value?” And the answer is as simple as the reason behind the value of gold.
And, when you think of the precious metal, beyond its function in jewelry or its capabilities as an electrical conductor, the truth is that gold does not play such an important role in our daily lives. Despite which, it is the world’s most important asset store of value, and one of the fundamental pillars of the international economy. Being the answer to understand its value the scarcity.
Thus, what determines that gold is so sought after worldwide is that there is not a large amount of the precious metal. Although there are other metals such as silver or bronze, which could fulfill the basic functions of gold. None of these are as rare as gold, and therefore not as valuable to world markets. Which makes gold the perfect store of value for investors around the world.
Get rich with 0.01 Bitcoin
A similar dynamic was the one that Satoshi Nakamoto tried to create when designing Bitcoin. Defining a fixed amount of 21,000,000 million BTC for the total supply of the cryptocurrency. A total of 18.64 million BTC having been mined until the beginning of March. With what only 2.37 million Bitcoins would remain to be mined, reaching 20.6 million BTC mined by 2030 or 98% of the total supply of the cryptoactive.
When you think about this figure, and the trend of penetration within society that Bitcoin has maintained in recent years. It seems clear that in the next decade BTC could become one of the most demanded financial assets in the entire world, both by normal people and by wealthy investors.
And with such a limited supply, that means an increase in demand for Bitcoin could make even amounts as small as 0.01 Bitcoin end up worth several thousand dollars. Especially if forecasts like those of crypto influencer Anthony Pompliano who sees a Bitcoin at a million dollars in the near future come true. So an investment as small as $ 500 in BTC could turn out to be a small fortune in a few years.