Let me be honest—becoming a wholecoiner is one of the smartest moves you can make, but it’s also ridiculously difficult. I remember when I first got into bitcoin back in 2016. The price was around $400-$500, and having one full bitcoin felt completely impossible.
Now? It’s a completely different story.
Bitcoin is sitting around $100,000, and owning a bitcoin feels out of reach for most people. Let’s put this into perspective: the average savings of someone under 35 in the US is just $20,540. That’s not even 25% of what it costs to buy 1 BTC today. Most of these millennials and zoomers can only dream of owning the perfect bitcoin—it’s no longer a reality for the average person.
And here’s the part that really blows my mind: there are about 1 million bitcoin addresses that hold more than 1 BTC. Even if we assume that each of those addresses is for a different person (which is not true), that is only 0.0125% of the world’s population. Think about it—being a wholecoiner already puts you in one of the most exclusive clubs in the world.
Now, let’s compare that to millionaires. There are approximately 58 million of them worldwide. And here’s the kicker: there are only 21 million bitcoins in total. Even if every millionaire in the world wanted to own one bitcoin, they couldn’t. There is not enough bitcoin to go around. That’s why being a wholecoiner is better than being a fiat millionaire. Fiat is unlimited—anyone can be a millionaire in a system where money is printed endlessly. But bitcoin? It has a hard cap. Hunger.
If you are a millionaire and you don’t have at least 1 bitcoin, wake up. The race is on, and many millionaires will miss out. And if you are already a wholecoiner? Congratulations. You are part of the 0.0125% who will own that much bitcoin.
It may not sound like a big deal now, but in 20 or 30 years, you’ll look back and see how rare and special it is. As Tuur Demeester says: “These are the last months when 1 BTC is accessible to the middle class.” That saying stuck with me because it is true. The window closes.
If you’re in a race, don’t stop. And if you’re on the sidelines, it’s time to go—because the bitcoin shortage is going to leave a lot of people behind.
This article is a Take it. The views expressed are entirely those of the author and do not reflect those of BTC Inc or Bitcoin Magazine.