One Coin Not Required

At the time of writing, one Bitcoin is worth 58,478 United States dollars. That value changes based on which currency you are using as the denominator in the equation. However, the pattern that has emerged over the last 15 years is that over a long enough timeframe, everything loses value against Bitcoin.

For example, one Bitcoin used to cost less than a dollar, then $1,000, then $10,000, and so on. Assuming this trend continues as it has for the last 15 years, the dollar and all other fiat currencies will continue to lose their purchasing power compared to one Bitcoin.

For this reason, I believe that the thought of holding one full Bitcoin will become a figment of one’s imagination in the future. I believe that Bitcoin will hold such a high value compared to all other methods of payment that there will be a future where purchasing an entire coin becomes nearly impossible and fully impossible for almost everyone.

Using gold as the measuring point, if Bitcoin were to reach gold’s market cap (using $17 trillion as the market cap of gold and 21 million Bitcoin as the supply for calculations), one Bitcoin would be worth over $800,000. I personally believe this is a near certainty in the future and aim to argue years beyond this occurring. I don’t believe Bitcoin will stop once it reaches gold’s size, it will continue to suck in capital from all other sectors of the world such as real estate, bonds, and equities. As more capital increases, the value of Bitcoin increases. It is from this lens, that I am writing.

In this future reality, holding one full coin will not be the standard for generational wealth. At this point in time holding a fraction of a coin will be enough to elevate your financial status to a level previously unthinkable in the fiat world. Remember, when Bitcoin reaches the market cap of gold, one coin is worth over $800,000 which is a sum impossible for nearly everyone to obtain.

This is specifically due to Bitcoin’s strict scarcity of 21 million and the idea that humanity naturally moves toward the soundest currency to use for exchange. As more and more people opt to use Bitcoin, the capital flowing into the Bitcoin network increases, bringing up the price of each coin.

In this world, the prices for goods and services will naturally adjust based on Bitcoin as the unit of exchange. We would no longer speak in dollars, euros, or the yen. But we wouldn’t speak in Bitcoin either. No clerk at the gas station would tell you that your chocolate bar was 0.00000002 Bitcoin. That is insane.

Instead, the world would operate using the unit of a “satoshi” or a Sat. One Bitcoin is divisible to eight decimal places—meaning there are 100 million sats in every coin. The clerk at the gas station would charge you 2 Sats for the chocolate bar. Your groceries could cost you 100 sats. You could obviously still operate by using Bitcoin as your standard unit of exchange but it’s more feasible to use Sats. It’s like using the standardized measuring system jumping up a couple of units. Instead of determining distances with inches, you opt to use miles.

From this lens, in this world, having one coin is not required to lead a financially free life. To become a Sats millionaire in today’s currency, would cost a little less than $600. There is no need to assume you need to purchase a full coin. Granted, I do believe the more Bitcoin you can purchase today, the better off you will be in the future.

But $600 today is far different than nearly $60,000 to help secure a better future. You can become a Sats millionaire for $600. $6,000 gets you 10 million Sats. You see how in the future if the world is on a Bitcoin standard, your money today cannot only change your life but the lives of your family members for generations to come.

One Coin is not required to create this change.

Get off zero.

Stack SATs.

Note, if you are curious about this topic on a downstream idea, watch Michael Saylor’s keynote speech from Bitcoin Nashville.

The views and opinions expressed here are for entertainment purposes only and should, in no way, be interpreted as financial or investment advice. Always conduct your own research when making an investment or trading decision, as each such move involves risk. The team members behind Triana are not financial advisors and do not claim to be qualified to convey information or advice that a registered financial advisor would convey to clients as guidance. Nothing contained in this e-mail/article constitutes, or shall be construed as, an offering of financial instruments, investment advice, or recommendations of an investment strategy. If you are seeking financial advice, find a professional who is right for you.