How many hours an American needs to work to earn 1 Bitcoin

[DreamStage]

The last decade has been a tough time for many American workers, with the cost of living rising drastically while wages have largely stagnated. However, it appears that the reduced purchasing power of the US dollar (USD) could have been wholly offset had wages been paid in Bitcoin, a cryptocurrency that has appreciated by more than 2,200% since 2015.

With the average American pulling in around $28.29 per hour according to MarketWatch, it would currently take almost 257 hours to purchase a single Bitcoin (BTC) at its current value (circa. $7,315). Comparatively, somebody earning the federal minimum wage of $7.25 per hour would need to work just over 1,000 hours to earn a single Bitcoin.

Full News source here
(Not click campaign, just sharing information)

If you are thinking on getting a job as an American citizen and trying to achieve some FIAT for 1 Bitcoin, that's the information you are looking for

But we all know all it comes down to price fluctuations and American's market economy and many more variables so it's not something static but as mentioned an average estimation.

To put this into perspective, most Americans would need to work at least 23x longer to earn a single Bitcoin now, compared with 2015.

Have you reached something similar as working as an American citizen to buy a piece of Bitcoin (Satoshis) as for your Investment or any other related crypto involvement?

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[bobitza]

The last decade has been a tough time for many American workers, with the cost of living rising drastically while wages have largely stagnated. However, it appears that the reduced purchasing power of the US dollar (USD) could have been wholly offset had wages been paid in Bitcoin, a cryptocurrency that has appreciated by more than 2,200% since 2015.

With the average American pulling in around $28.29 per hour according to MarketWatch, it would currently take almost 257 hours to purchase a single Bitcoin (BTC) at its current value (circa. $7,315). Comparatively, somebody earning the federal minimum wage of $7.25 per hour would need to work just over 1,000 hours to earn a single Bitcoin.

Full News source here
(Not click campaign, just sharing information)

If you are thinking on getting a job as an American citizen and trying to achieve some FIAT for 1 Bitcoin, that's the information you are looking for

But we all know all it comes down to price fluctuations and American's market economy and many more variables so it's not something static but as mentioned an average estimation.

To put this into perspective, most Americans would need to work at least 23x longer to earn a single Bitcoin now, compared with 2015.

Have you reached something similar as working as an American citizen to buy a piece of Bitcoin (Satoshis) as for your Investment or any other related crypto involvement?

I think the salary paid in bitcoin in the US is a huge progress. That shows bitcoin has a foothold in the country. It will help improve the lives of the American people because the value of a bitcoin is much higher. Not to mention that if bitcoin increased in price they would make a big profit.

[cryp24x]

With all due respect, whatever nationality you have, you can still acquire a Bitcoin. Whether you are an American Citizen or from other countries, we should really work hard and invest wisely. Let your invested fiat work for you. Start small in Bitcoin but with consistency.

[Tipstar]

You didn't even needed to work for an hour to have a couple of bitcoin back in 2009. But that doesn't make any difference as people are using fiat to buy things they need for survival and living a life. Bitcoin is mostly bought to hold and trade. Once bought, bitcoin works for itself increasing it's price.

[Gozie51]

Talking about hours that Americans will work before earning a bitcoin, it depends on the kind of job a particular American is doing. But, I don't know if this is particular about an American because generally in every country, it is difficult to work and earn a bitcoin with the current price now.

[bitcoinsocial09]

The last decade has been a tough time for many American workers, with the cost of living rising drastically while wages have largely stagnated. However, it appears that the reduced purchasing power of the US dollar (USD) could have been wholly offset had wages been paid in Bitcoin, a cryptocurrency that has appreciated by more than 2,200% since 2015.

With the average American pulling in around $28.29 per hour according to MarketWatch, it would currently take almost 257 hours to purchase a single Bitcoin (BTC) at its current value (circa. $7,315). Comparatively, somebody earning the federal minimum wage of $7.25 per hour would need to work just over 1,000 hours to earn a single Bitcoin.

Full News source here
(Not click campaign, just sharing information)

If you are thinking on getting a job as an American citizen and trying to achieve some FIAT for 1 Bitcoin, that's the information you are looking for

But we all know all it comes down to price fluctuations and American's market economy and many more variables so it's not something static but as mentioned an average estimation.

To put this into perspective, most Americans would need to work at least 23x longer to earn a single Bitcoin now, compared with 2015.

Have you reached something similar as working as an American citizen to buy a piece of Bitcoin (Satoshis) as for your Investment or any other related crypto involvement?

That's still a long way considering 257 hours of work and also expenses maybe around 300hours of work. I think if you are really aiming to invest in bitcoin to buy 1 bitcoin I think it is pretty much achievable even if you are not an American, even in other countries you could invest your job salary in bitcoin. But I think this is a difficult decision to make since cryptocurrency or bitcoin is a big risk and even a lot of people would have his second thoughts with this because you work hard for it and there is a chance you could lose your money.

[dimastegar]

The last decade has been a tough time for many American workers, with the cost of living rising drastically while wages have largely stagnated. However, it appears that the reduced purchasing power of the US dollar (USD) could have been wholly offset had wages been paid in Bitcoin, a cryptocurrency that has appreciated by more than 2,200% since 2015.

With the average American pulling in around $28.29 per hour according to MarketWatch, it would currently take almost 257 hours to purchase a single Bitcoin (BTC) at its current value (circa. $7,315). Comparatively, somebody earning the federal minimum wage of $7.25 per hour would need to work just over 1,000 hours to earn a single Bitcoin.

Full News source here
(Not click campaign, just sharing information)

If you are thinking on getting a job as an American citizen and trying to achieve some FIAT for 1 Bitcoin, that's the information you are looking for

America as a Superpower has a high income per capita. By looking at the federal minimum wage of Americans per hour, an employee should be able to save money to buy Bitcoin easily. But can it be easily done? Given that the cost of living in America is expensive. Only Americans know. 

[Yaunfitda]

With all due respect, whatever nationality you have, you can still acquire a Bitcoin. Whether you are an American Citizen or from other countries, we should really work hard and invest wisely. Let your invested fiat work for you. Start small in Bitcoin but with consistency.

Exactly, it looks like this is another garbage article to be honest.

Everyone here can get their 1 BTC from working hard and investing wisely. I don't know why Americans are being subject here, so it doesn't make sense at all to me at least.

Others (non-American) can start small, purchasing at dips at whatever way they can. It doesn't have to be 1 BTC right away. You can still invest maybe .001 BTC - .01 BTC per month and eventually you can earn a full bitcoin. It might take years, but the most important thing is that you have invested on something that will yield good profits in years to come.

[tungaqhd]

The last decade has been a tough time for many American workers, with the cost of living rising drastically while wages have largely stagnated. However, it appears that the reduced purchasing power of the US dollar (USD) could have been wholly offset had wages been paid in Bitcoin, a cryptocurrency that has appreciated by more than 2,200% since 2015.

With the average American pulling in around $28.29 per hour according to MarketWatch, it would currently take almost 257 hours to purchase a single Bitcoin (BTC) at its current value (circa. $7,315). Comparatively, somebody earning the federal minimum wage of $7.25 per hour would need to work just over 1,000 hours to earn a single Bitcoin.

Full News source here
(Not click campaign, just sharing information)

If you are thinking on getting a job as an American citizen and trying to achieve some FIAT for 1 Bitcoin, that's the information you are looking for

But we all know all it comes down to price fluctuations and American's market economy and many more variables so it's not something static but as mentioned an average estimation.

To put this into perspective, most Americans would need to work at least 23x longer to earn a single Bitcoin now, compared with 2015.

Have you reached something similar as working as an American citizen to buy a piece of Bitcoin (Satoshis) as for your Investment or any other related crypto involvement?

I am not an American but if you are an American and do tasks/ offers or ptc to earn Bitcoin, then you will earn much faster than others because they often offer a high earning rate for American.

[LUCKMCFLY]

~snip~

There are a lot of jobs that can be developed in the USA, I understand that working hard earns a lot of money, even washing dishes or bathrooms pay well, I think that if we take into account that it is a fixed job the payment changes, but if you work in turn it is more money, the only thing is that the fatigue at the end of the day is beastly, but it is worth it, I agree that if you work hard you earn a lot, and that is the basis of that economy.

Also when people are prepared, and get a job related to their profession, they quickly earn more with something less effort.

I think that the USA is one of the countries with the most opportunities to get a bitcoin quickly, 257 hours of work, it may be somewhat exaggerated, however it is a statistic.

[peter0425]

there is no specific because it depend on how much work you can offer to gain,specially in crypto?that skills and knowledge is the basis to earn?and what about traders?when you can win big if you got the right timing?and also if you are offering services for crypto payments and with real job?combination of this will brings you much higher income per day compared to regular workers.

[aioc]

The Americans are so lucky to have that kind of wage that hourly rate is equivalent to 3 days daily wage here and it will take years for a minimum wage earner here to buy one Bitcoin because it's worth a house and lot here in our place, so the Americans have a better chance to buy one Bitcoin than most of us.

[joniboini]

I think that the USA is one of the countries with the most opportunities to get a bitcoin quickly, 257 hours of work, it may be somewhat exaggerated, however it is a statistic.

You need to factor competitions too. Having a high standard pay-rate means nothing if you can't even get a job.

I am not an American but if you are an American and do tasks/ offers or ptc to earn Bitcoin, then you will earn much faster than others because they often offer a high earning rate for American.

They also have a higher standard of living. Put it simply, making $5/hour and get a $200/month job is good enough in my city. So good that you can still buy useless things every month and then without worrying about what you should eat next week.

[pooya87]

it amazes me how the articles OP keeps on creating for his own site keeps declining in quality. it is as if he is trying to set a record for having the worst article with lowest of quality! most low quality sites with no traffic like his simply copy stuff from other news sites so that their lack of ability to write articles is not noticed and so that they can stay alive longer.
you have already put the money and effort in creating the site, then why not try and make it better instead of just spamming?

[TanakabZX]

It's not possible for someone to work and put all the money on bitcoin because he or she have to survive as well, it will require more hours, the best encouraging tactic is to buy part of bitcoin on every pay day, he or she can keep buying 200$ worth of bitcoin gradually until 1btc is achieved

[Xxmodded]

Maybe United State of American have higher payment for salary their people and reach with higher payment every hour, different with my country only got about under $10 by working more than 6 hours in United State just one hour can receive about $20 or 30$, maybe one day they can reach about $200 and get about 0.02 btc.

[MURONDI]

now 1 bitcoin is not a small amount, of course it will take a long time to collect 1 bitcoin, except for people who have high salaries, in my opinion is not suitable when working with bitcoin payments because the value is very volatile, for now bitcoin is only suitable as an investment.

[Wintersoldier]

This is in the case for an average American. I wonder how long some people from the third world country could possibly achieve it compared to americans if they have the usual jobs basically the same jobs and at the same time, working. Definitely the rate of salary is quite different so for us to earn 1 bitcoin, we shouldn't just rely on working on our daily jobs but to consider being smart in holding bitcoin. Sell it on its best price and try to apply the concept of trading even if it takes a long term.

[NotATether]

It's worth mentioning that a $7300 salary per year can cover the cost of 1 bitcoin. Now, most Americans don't live off of that low of a salary, they get around $20000 a year or something so that purchases almost 3 bitcoins.

But if the bitcoin increases in price next year than a mere salary like this will most likely not be enough to buy one bitcoin.

[Wind_FURY]

But does it have to be 1 whole Bitcoin? The average worker, American, or not should know, based on his/her monthly salary, how much of that should go to bills/expenses, to his child/children's college education, how much is saved in fiat for emergencies, and how much is saved in Bitcoin to HODL.

I believe the next 4 to 5 years will be a golden opportunity before it goes to 6 digits. Take it.