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RE: Jim Cramer is the latest to join the Bitcoin to $1 Million Dollars Club

in #cryptocurrency7 years ago (edited)

At $1,000,000 bitcoin, the smallest unit of bitcoin a Satoshi which is 1/100,000,000 th of a bitcoin would be worth .01 USD a penny. Looks like it was meant to be. https://steemit.com/money/@natxlaw/million-dollar-bitcoin-here-is-how-it-happens-satoshi-is-the-new-penny

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That is very interesting. Thanks for sharing!

1M someday? oh please let that someday come sooner

The problem with the $1M Bitcoin is that.....thats a number using the US Dollar as the base currency. What does "A Million Dollars" MEAN 10 years from now? What if a loaf of bread costs $100 by then? Better to ask yourself how much BTC you need in order to be financially free...today. And THAT number is much less than a million bucks. Try to get THAT much. Because $1M is really just a cultural number that means success, wealth, etc. A Freedom number is much more important and is much more realistic and useful to attain.

hmmm.. so true
but to be financially free - better invest whatever we've gained in BTC in plenty of passive income resources - the kinds that would outnumber our expenses
how much BTC do I need to be FF? A lot!
you there already?

No problem, thanks for the upvote!