If Bitcoin goes up, as it is supposed to, then yes it will.

Reminder: Bitcoin is deflationary money. Only 21 million coins will ever be created; This means the more demand there is for BTC, the more Bitcoin will be distributed in the world. And greater demand will drive the price up for each tiny piece of that distribution.

And demand for Bitcoin has been growing steadily over the years.

I believe that 1BTC could be enough to make generational wealth, but it may not be sufficient based on your geographical location.
If you're from the US it is not enough till the whole 21 million coins are in mined but if you're from Asia, and Africa. Yes, it could be enough for generational wealth. Despite all this point of view, the dream of every Bitcoin investor is to have a whole BTC that 1BTC among the total 21 million BTC.

Yes it will, in 20-30 years later bitcoin will probably double or might even more times this $60k current price. So your future kids will gain and receive more than the current bitcoin price.
The question is, if you still hold the recovery seed on such very long period of time without lossing them or etc.

Honestly, it is possible, very very possible, but This is in general term or level though. If we are to bring it down to individual levels, I would say that this completely depends on what or an amount an individual considers as a generational wealth, like for example, some may consider nothing less than a million dollars as a generational wealth, while for some people, even the current price that 1 btc is at currently is already a generational wealth if only they can have it.

For me in particular, any amount above a hundred thousand dollars is a generational wealth, this is very achieveable for 1 btc, so if somehow, I can get up to 1 btc and hold it until it's worth that amount, I consider myself generationally wealthy though I may even hold it for much longer.

Technically everything you leave to your kids is considered "generational wealth" but I guess you are referring more to huge amounts of money. In that case, I don't think so, at least not during our lifetime, maybe it could be for our nephews. Let's consider a couple of things for your scenario: the value that 1 BTC should reach in order to make generational wealth, and from there we should think about the total BTC's market cap which would be pretty insane.

Last thing, let's not forget inflation because maybe some day we'll have 1 BTC = $1 million but at the same time an average car could cost $100k...

Yes, owning 1 Bitcoin can create wealth for future generations in my opinion according to the fact that Bitcoin is a deflationary currency and its price increases over time and Fiat is an inflated currency and its value decreases over time.

So whether you keep 1 Bitcoin for 10-20 years or sell it and buy shares and get annual returns, it is very likely that you will be able to get wealth after one or two generations.

Also, given the huge inflation in some countries - including my country - it can be said that 1 Bitcoin is considered wealth now and not after generations.

If we assume that Bitcoin price continues to grow, then yes, it definitely can. It also depends on the when though since there's a difference in buying it at $10k and seeing it grow to $1M compared to buying it at $900k and seeing it grow to $1M. Pretty obvious though since it's always early investors that profit by a h uge amount compared to late ones.

I'd still buy Bitcoin even if it doesn't make that much though. It's at the very least going to let you profit anyway, big win already imo.

That's the thing, for it to be generational what you have to do is not spend it and be able to pass it on to your descendants. Normally that is easier to do with large amounts of capital, and for the specific case of Bitcoin it would be to buy at least one now, or have it before and be able to hold it to pass it on to your descendants when you die.


But what is important here is not the price now, but the value it may have in the future, net of inflation, of course.

Of course, nobody knows for sure. It's possible that Bitcoin will continue growing over time, just not at a pace of the first decade of its existence. I do believe that Bitcoin can reach $500k, even $1 million within our lifetimes. That kind of money is very significant in many parts of the world, but it's not impossible to spend. So whether it becomes generational wealth depends on one's spending habits.