Millionaires May Soon Be Priced Out of One Bitcoin
CZ, the founder of Binance, has warned that soon millionaires won't be able to afford one Bitcoin. Speaking about the increasing value of cryptocurrencies, CZ emphasized that it's not just a matter of price appreciation but also of accessibility.
The Binance founder made these comments during an interview, highlighting the growing divide between wealthy individuals and those who are priced out of the market due to high transaction fees and cryptocurrency prices.
CZ's statement comes at a time when the value of Bitcoin has surpassed $40,000. This surge in price has led to increased scrutiny over accessibility and the widening wealth gap within the crypto community.