This article examines how investing in Bitcoin could have changed the financial narrative compared to spending on new iPhone models.
Choosing Between iPhones and Bitcoin
Every year, the release of new iPhone models creates excitement among consumers who often spend significant amounts. Many take loans to acquire the latest gadgets. However, if those funds were directed towards Bitcoin investments, the financial situation could look quite different.
Potential Investment Outcomes
Investing in Bitcoin instead of an iPhone 4s could yield 162 BTC. Those who bought the iPhone 5 could have amassed 53 BTC. Investment for the iPhone 5s would have resulted in about 1.7 BTC. Similar trends are observed for subsequent models:
* iPhone 6s: 2.8 BTC * iPhone 7: 1.1 BTC * iPhone 8: 0.19 BTC * iPhone X: 0.14 BTC * iPhone XS: 0.15 BTC * iPhone 11: 0.068 BTC * iPhone 12: 0.051 BTC * iPhone 13: 0.018 BTC * iPhone 14: 0.042 BTC * iPhone 15: 0.031 BTC * iPhone 16: 0.014 BTC * iPhone 17: 0.0007 BTC
The cumulative investment from these choices would equate to a substantial 226.3 BTC today, which translates to nearly $25.2 million.
Financial Conclusions
While the $25.2 million figure does not reach billionaire status, it equates to approximately 1.039 billion TRY, marking local billionaire status. Retaining BTC could make affording new iPhone models more feasible, as illustrated with the iPhone 17 costing approximately 49.4% less in BTC than its predecessor. The volatility of market conditions, particularly during bearish cycles, plays a role.
The comparison of spending on iPhones and potential investments in Bitcoin emphasizes that alternative financial choices can lead to significant outcomes.