- What should users spend their money on, an iPhone 14 or Bitcoin (BTC).
- The value of BTC has increased in time while old iPhones lose value with each new model.
- Research shows that it is still not too late to invest in Bitcoin.
The price of Apple’s iPhone 14 has led many to question where to draw the line when it comes to spending on a smartphone. Shouldn’t we put in more of our hard earned revenue into something which will be worth more in a few years?
Bitcoin (BTC) has become one of the most sought out assets in modern times. The digital cryptocurrency has exploded in value like no one ever imagined. Granted, the current price of Bitcoin (BTC) is struggling to meet its greatest highs, yet no one can deny that it is definitely worth the purchase from a decade ago.
Unlike iPhones, the value of Bitcoin (BTC) has only gone higher since its debut. Meanwhile, old iPhone models hold close to no value, besides sentimentality, to most users. While some think it could be vintage models, having a smartphone with no support is nearly worthless.
According to Documenting Bitcoin’s tweet above, the post maps the cost of every iPhone in terms of Bitcoin (BTC). This chart shows how much Bitcoin (BTC) it would take for a user to have purchased an iPhone from the time of the iPhone 4 till the iPhone 14 model now.
As we can see, back in the era of the iPhone 4, it would cost 2,857 BTC. Presently, the cost of one iPhone 14 model is 0.04 BTC. Indeed, not only has the value of Bitcoin increased by a lot, but the cost of iPhone’s have also increased. Thus, it is important to note that only Bitcoin holds greater value for the same asset throughout the years. So far, the debate of whether or not to invest in Bitcoin (BTC) is still a strong one. Many tend to assume that Bitcoin’s value has already reached its peak. On the other hand, others say it is just the beginning. Considering the fact that Bitcoin’s supply may soon run out, the latter is likely more likely.
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