Based on the global average income level and the future Bitcoin (BTC) price increase rate, an analysis suggests that retirement funds could be sufficient with just 1 BTC (Bitcoin). Bitcoin researcher and investor 'Smitty' reached a conclusion through a recently disclosed model that retirement would be possible with less than 1 BTC in most countries after 2035.
Smitty estimated future BTC value by utilizing a 'power law' model that reflects each country's average income along with inflation rates and assumes Bitcoin's price will rise at a consistent rate over time. According to this analysis, for retirement standards in 2035, many countries would find 1 BTC sufficient, and in low-cost countries, even 0.1 BTC could potentially support retirement life. However, high-income countries like the United States and Western Europe are exceptions, where 1-10 BTC would be necessary.
Predictions based on the power law suggest that Bitcoin's price will reach approximately $1.7 million (about 2.363 billion won) by 2035. This provides grounds that owning just one Bitcoin could be sufficient retirement assets in many countries. The prediction model is based on linear regression analysis of BTC's past price trends within support and resistance line ranges.
Currently, very few people own 1 BTC. According to on-chain analysis company glassnode, addresses with BTC balances over 1 are just slightly over 1 million. However, this includes centralized exchange and institutional investor accounts, so the actual number of individual owners with 1 BTC is estimated at around 800,000-850,000 worldwide. This represents 0.01-0.02% of the global population, which is even rarer than the approximately 16 million global millionaires.
The claim that 'whole coiners' have potential value sufficient to prepare for retirement life has become a source of inspiration among cryptocurrency investors regarding future prospects. Of course, such predictions are based on the assumption that Bitcoin will continue a certain upward curve. Therefore, market volatility, policy risks, and adoption spread rates remain significant variables.
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