Buying 1 BTC is ‘like owning 60 cars?

[Lucius]

1 btc is not for 60 cars i guess
1 btc can only be used to buy 1-2 cars in my country, it was priced at BTC 60k $ yesterday,
where do you live OP? very cheap if you can buy 60 cars with 1 BTC

You are bumping thread and reply on almost 3 month old post without at least read a few posts on the first page. It's not about how many cars you can buy for 1 BTC, but about comparing buying 1 BTC which is equated with a carbon footprint of 60 petrol cars. See my post here.

@DdmrDdmr could again make new statistics

Lucky are those who accumulated and bought Bitcoin at a cheap price. I'm sure that they're Billionaires now.

Perhaps some of them, I know that those who kept their BTC on Mt.Gox are certainly not that lucky, and many others who have lost their private keys in various ways.

A person with at least a single BTC has the security of financial freedom in the future.

It depends on where that person lives, because for someone even today 1 BTC is a real treasure - for someone else it will not solve all life's problems even when it is worth 5 times more.

[1714689958]

1714689958

[1714689958]

1714689958

[1714689958]

1714689958

[1714689958]

1714689958

[mr_ROBOTT]

1 btc is not for 60 cars i guess
1 btc can only be used to buy 1-2 cars in my country, it was priced at BTC 60k $ yesterday,
where do you live OP? very cheap if you can buy 60 cars with 1 BTC

In the country where I live, you can buy 40 to 50 cars with almost 1 bitcoin.
But I can introduce you to a country where the value of 1 bitcoin is more than 60 cars.
Afghanistan + Pakistan + Iran, domestic cars are very cheap.
We do not expect 60 Land Cruisers and Chevrolets with 1 bitcoin.

Maybe we can have 60 of these cars:

[Bitstar_coin]

Am sure he didn't take into account the fact that owning one btc is lot much safer than buying 60 cars that will stress you out because of safety reasons, between depending on the type of cars he intend to buy with that money, there is no way he will get 60 classic cars with one btc,  i will rather have one btc that has a bigger possibility to grow even bigger in the future than buy 60 cheap cars that will lose value in time.

[ropyu1978]

what do you mean by saying owning 1 bitcoin is equal to owning 60 cars, are you a bitcoin hater, so you dare say that, so you compare owning 1 bitcoin to owning 60 cars, maybe you mean because bitcoin consumes more energy and is not environmentally friendly compared to car,

[BIN-BIN]

60 cars with one Bitcoin is highly hilarious but it may be true if you are buying a toy car and not real cars, I will prefer to own one bitcoin than owning 60 car because bitcoin is an asset but a car is a liability.

[slaman29]

Am sure he didn't take into account the fact that owning one btc is lot much safer than buying 60 cars that will stress you out because of safety reasons, between depending on the type of cars he intend to buy with that money, there is no way he will get 60 classic cars with one btc,  i will rather have one btc that has a bigger possibility to grow even bigger in the future than buy 60 cheap cars that will lose value in time.

Cars are terrible value. The minute you start the key and move it out of the showroom you lose 50% of the value. More as you use it. In fact, everything else you buy almost is worth less and less as you keep it, except luxury items which you have to pay to protect and maintain.

Bitcoin has steadily appreciated over time, and yes, other assets like gold too but also you pay for security and custody:)