In the context of bitcoin financial freedom simply means having control of your money without any restrictions or regulations from the government or banks. Imagine wanting to send some funds to someone outside the country and the government puts a restriction of the certain amount that can be sent this could be frustrating but with bitcoin it doesn’t have this kind of restriction.

Nonetheless I need to point out something that bitcoin isn’t a get rich quick scheme so having this narrative that you could be super rich with it is a bad mindset getting. Yes there is profit for a an investment done but that is possible some that can hold the coins for a very longer time.

Also you don’t necessarily need to hold 1btc but can purchase fractions of it (satoshi) and as the price increases they also rise in value. The clear rule in investing into bitcoin is to invest an amount that is losable. This is clear because of some certain downturn periods (bearish period) that bitcoin faces.

The correct answer is YES and NO, and if you are wondering how this is possible, the answer is very simple. 1 BTC in a third world country and the same BTC somewhere in a developed country definitely have a different value for the one who owns it. For someone, the current $30 000 per 1 BTC would represent a real fortune, for someone else it would certainly not be the case. This means that everything depends on where you live and how you perceive the term "rich".


I hope you know that you don't have to buy 1 BTC to own it, you can also buy very small shares if you consider that the smallest unit of BTC "satoshi" 0.00000001, and you can theoretically buy BTC worth only a few $.


It is possible to make some dreams come true by investing some money in Bitcoin, but considering that you yourself admit that you don't have any money (or that you don't have enough to buy 1 BTC), then that dream cannot come true literally overnight. If you set a goal and if you persist in it, maybe one day you will achieve your dream.

As for financial freedom, Bitcoin gives you the possibility to be your own bank, in other words to control the private keys that allow you to spend the Bitcoin you bought. Simply put, only you have control over what you own, of course if you want it and if you understand how to achieve it. You buy Bitcoin, send it to your address in a non-custodial wallet (desktop, hardware wallet) and after you make a backup and store it safely, you have your own bank

First of all, to be able to buy one bitcoin you must be rich you can't possibly purchase something worth ~$30,000 when you don't have up to that amount in your possession and in my country if I should convert that money into my local currency that's a lot of cash.

If you're the type of bitcoin investor that's looking to go in for the long term, then there is a high chance of you hitting big if the price of bitcoin moves in the uptrend.

Another thing you should not is that it's never too late to invest in bitcoin, if you look at the price change of bitcoin several months ago you'll see that it has increased significantly so assuming you bought one Bitcoin three months ago you'd have had plus ~$10,000 profit.

The rule of investment in risky assets is that you should only invest the amount you can afford to lose, so do you have $30k that you can afford to lose overnight?
It's not the fact that BTC would go to zero, that's a long gone fear, but there are other risks involved, so to make a really long story short, someone who can afford 30k is not something who will dramatically have his life changed if BTC goes to $300k let's say. Slide the bar to BTC to $1 mil, and things change, now it's also a thing of how much can you afford not only to invest, but also how much you can wait for your dream!


Unless you tell us, only god knows what you dreamt as a child, if those dreams include a 30-room mansion by the seaside with a tennis court and a Bugatti La Voiture Noire parked between ten other sports cars, probably not! Everyone has different dreams, some dream of a tiny house in the mountains and just a quiet and normal life, earning a bit over the median pension, some are going nuts unless you go into details no one will be able to even have an opinion on it.


Again, it depends!
For some, it means having enough assets and savings to never care about money in their whole lifetime.
For others, it means not being at the mercy of a 3rd party, with no bank, no authority, no government being able to seize your wealth.
But not that many really care about the second part anymore, the focus is on the first.

Not at all. I mean there are many countries where 1 bitcoin will allow you to live comfortably for soime time, but for that you'd have to define "comfort"
For one person living comfortably will mean having a roof over their heads, food in the fridge, a bottle of beer and a cable tv with a match on.
Another person will define comfort as having someone come to clean the house and massage them, a swimming pool in the back yard and cooked meals delivered 3 times a day.



In the US people are often defined as high net worth when they become millionaires, but that doesn't mean they're rich. Rich people can afford whatever they imagine, that's how I understand the term.
Russian oligarchs who own yachts and private jets are rich.
Someone owning 1 bitcoin isn't wealthy, nor rich, at least not yet.

you should know that everyone in this forum has a real life and their own family and everyone is struggling to live it well!

- The definition of rich in various countries varies depending on whether you live in a poor - developing - developed country. if in my country, have 1 bitcoin (at today's price) that means you are already a rich person, if you exchange it for fiat (in my country) then you already have 1 house and 1 cheap SUV) -

but the "financial freedom" that is meant in Bitcoin is, you are in full control of your money (your own bank), you are not controlled by fiat which can be printed by the government at any time.

slowly but surely, we are heading for that freedom, starting with el salvador which made Bitcoin legal tender there, in the future there will be more and more countries emerging that make Bitcoin as a legal tender.

You have to understand that Bitcoin isn't a get rich scheme and since you're now wanting to own  Bitcoin, that's if you haven't gotten any now, I would say that, owning Bitcoin helps to fight government control over money since Bitcoin is decentralized digital currency which is controlled by just the owner.

On the long run, financial freedom all depends on your definition of it but owning one Bitcoin is already a great achievement and if the price of Bitcoin rises to a new all time high, then it is certain that you should be making twice the money you invested Wich is you're expected to $60k that's if you bought at $30k.
I think you should always do your own research (DYOR).

I once read a thread with almost the same title because if I'm not mistaken at that time only 0.1 bitcoin was written.
But apart from that, I actually still feel that regardless of the amount, when it comes to defining wealth, everything will be different in perspective. Everyone has their own standard of wealth. for some people 1 bitcoin will obviously make them rich, but for others it is still not enough. but of course there's nothing wrong with either of them because this really depends on the mindset and abilities you have because when we talk about wealth I think everyone will agree that no matter how much money one has it will still be said to be insufficient.

It's really hard to say whether 1 bitcoin is enough for you to have financial freedom. For me financial freedom is that you can sustain your lifestyle and with that it really depends on how you are going to spend your money or your bitcoin. Maybe in the country that you live in, the cost of living is high that it won't be enough for you. Or if you have frugal lifestyle, maybe, but what if you have family to feed? So its up to you on how you are going to live with that 1 BTC in your wallet. There are so many factors in the equation to have that financial freedom that you dream of.

That surely depends on which country you are living. In a 3rd world country, 1 Btc means so much for a person living under a regular wage earner, but it would only last for a couple or more years if not put it into right business/investment.
 1Btc for a progressive country doesn't mean that much due to the cost of living, but Btc could somehow reach to price range in the future where a person would be considered rich if he owns 1Btc. All the perspective I have mentioned above was only basing on the current Btc price.