Changpeng Zhao – Lifeboat News: The Blog https://lifeboat.com/blog Safeguarding Humanity Wed, 04 Sep 2019 20:22:58 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 The Race to Own One Bitcoin https://lifeboat.com/blog/2019/09/the-race-to-own-one-bitcoin Wed, 04 Sep 2019 17:44:42 +0000 https://lifeboat.com/blog/?p=95779 Owning one full bitcoin is becoming a recognized attainment goal. And thereby hangs a tale.

Is it just a numbers game? Isn’t the unit a bit arbitrary and meaningless?…

The logistics and the math are compelling. I recognized the importance of reaching this personal milestone more than 8 years ago. But I was a nobody. No one cared. Then, in April 2019, we started to see articles in legitimate venues about this concept—and articulated in exactly this way. I borrowed the title of this post from this article in Medium.

Who Says So?

In the Before Time, the drum beat came from me, Charlie Shrem and Andreas Antonopoulos. In the Middle Age, Tim Draper, Craig Wright and the Winklevoss twins contributed to the siren call. But in the Modern Era (the past few days), it has become a mainstream mantra. Coinbase CEO, Brian Armstrong, added his voice to the idea that owning one full Bitcoin is not just an exercise in numerology.

For better or worse, I do think owning one whole Bitcoin will increasingly become a big deal. Only 21M will ever be produced. Some people already own much more than one.

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