Bitcoin is increasingly getting adopted, and that has made the crypto a hot-cake in the world of cryptocurrencies. For one, a lot of Bitcoin whales have explicitly expressed interest in HODLing and even making huge efforts to accumulate some more. Indeed, besides being the pioneer cryptocurrency, Bitcoin is the most valuable of them all.
Two CEOs of big crypto exchanges have been quoted saying that anyone who owns as little as just one Bitcoin could well be among the richest people in the world.
Brian Armstrong Said It
In a simple tweet dated August 24, 2019, Coinbase CEO Brian Armstrong opined that given Bitcoin’s increasing demand and diminishing supply rate, owning even a single piece of the crypto is bound to be increasingly a big deal for crypto fans.
To put that in better perspective, Brian reminded everyone that there are just about 21 million Bitcoins in total supply. He went on to add that some people already own more than 1 BTC. In fact, Bitcoin creator Satoshi Nakamoto alone is said to have mined around 1 million Bitcoins. Others like the Winklevoss twins and Craig Wright hold significant amounts of it. A few days ago, Craig Wright referred to himself as a $6 billion Bitcoin whale.
Changpeng Zhao Said It Too
Brian Armstrong isn’t the only person entertaining that line of thinking. On August 25, just a day after Brian sent out his tweet, Binance CEO Changpeng Zhao also tweeted about it. According to Zhao, it’s mathematically guaranteed that anyone owning just 1 BTC is among the 3/1000 richest people in the world – at least in terms of Bitcoin.
These tweets by popular people in the blockchain industry come as the Bitcoin market readies for an imminent block reward halving expected to occur in 2020. The halving is prospected to make Bitcoin even more valuable and in-demand.
