Winning lottery 9x in a row easier than breaching Bitcoin’s security
Bitcoin has a better chance of returns within a year than winning the lottery.
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
An investment in Bitcoin (BTC), the largest cryptocurrency by market cap, can offer better security than the odds of winning in a Lotto Powerball.
One has to win Lotto Powerball nine times in a row to match the odds. Thus, by investing in BTC, investors are more likely to secure their funds and generate greater wealth.
According to findings, the number of persons who win huge sums of money through these government-approved legal gambling systems every week is usually not more than two.
The U.S. Powerball jackpot has not had a winner in the last three months, and the prize pool now stands at a world-record amount of $1.9 billion in gambling. Also, the premier lottery game has not produced a winner since over three months ago.
Investing in Bitcoin may be a better option in this market
Buying Bitcoin seems to be a preferable option in the present market conditions. Prevailing indices place Bitcoin in a better position to appreciate within a year than winning a lottery within such an amount of time. This is because the crypto enjoys a limited supply and persistent slash rate, influencing its value over time.
However, given this would be viewed as an investment, consumers would put their eggs in a price increase for Bitcoin. Reports indicate that Bitcoin performed well even after the FED interest hike when other “safer” assets like Gold and NASDAQ plummeted.
