Bitcoin is available to everyone!

One of the most common misconceptions is that you have to buy a whole Bitcoin. However, this is not true. Bitcoin is fully divisible, similar to the euro or the dollar. One Bitcoin consists of 100 million units called satoshi (sats). This means that anyone can buy just a small fraction of a Bitcoin – you don’t need to own a whole BTC.

For example, if Bitcoin is worth 100,000 euros, you can buy around 1,000 sats for just one euro. At the time of writing this book, 1 satoshi is worth less than 0.1 cent. This makes Bitcoin accessible to anyone who wants to get started – regardless of how much money they want to invest.

Another widespread misconception is that all people in the world have the same social and banking conditions. Most people in developed countries have easy access to bank accounts, loans or investments. But for billions of people around the world, the reality looks completely different.

In several African countries, many people have no access to banks and often do not even possess identification documents. In the traditional banking system, it is practically impossible to open a bank account, obtain a loan or save money without an ID card or passport. In countries like Nigeria or Kenya, a large share of the population has no official documents or permanent address – which means banks automatically refuse them.

How do these people gain access to basic financial services that we consider completely normal? How can they save or invest money?

Another important aspect concerns countries with authoritarian regimes or people who do not “fit the system”. What happens if you live in a country where your bank account can be frozen simply because you disagree with the government?

In China, the government attempts to strictly control all financial transactions of its citizens. In Russia, people who support opposition politicians may be cut off from their savings. In Afghanistan, women often have no banking rights at all and cannot own property without the consent of a male relative.

Bitcoin is a global currency that cannot be controlled by any government, bank or institution. All you need is access to the internet – and in many cases not even that, because there are offline ways to use Bitcoin. Thanks to this, Bitcoin becomes a tool of financial freedom that is available to everyone – no matter where they were born or in what conditions they live.

A great example of how a free market solves real problems of ordinary people using Bitcoin is the project Machankura. This project allows people in Africa to send and receive Bitcoin via SMS on simple mobile phones – without the need for internet access.

It is currently estimated that around 7% of the world’s population owns Bitcoin, which means we are still only at the beginning of its global adoption. Even though today’s Bitcoin price may seem high to some people, the reality is that most people in the world still do not use it or do not understand it.

Just think back to the early days of the internet – in the 1990s, access was limited and many people considered it a pointless trend. Today, we cannot imagine life without it.

If only 7% of people own Bitcoin today, imagine what happens when adoption rises to 30%, 50% or even more. Demand for Bitcoin will increase significantly, while its supply is strictly limited to 21 million BTC. This creates a unique economic scarcity effect.

While many governments and central banks can print new money, Bitcoin is a digital asset with a clearly defined supply – which, with rising demand, predisposes it to long-term value growth.

In my opinion, we are still only at the beginning of this journey.