Bitcoin enthusiast Samson Mow, CEO of JAN3, has just shared a crucial insight for crypto investors. He’s pointing out a common pitfall: “unit bias.” Many investors are tricked into thinking that coins with lower prices, like XRP and SOL, are somehow better buys. But Mow argues this is a big misconception – true value, in his view, is found in Bitcoin.

One Bitcoin = One of Only 21 Million

Let’s talk Bitcoin supply. There’s a hard cap of just 21 million Bitcoins globally – and that’s never going to change. So, when you purchase 1 BTC for, say, $85,000, you’re owning one piece out of a mere 21 million total. That scarcity is a key part of what makes Bitcoin so valuable.

Mow suggests applying this “one out of 21 million” thinking to other cryptos, and that’s when things get really eye-opening. He took the market caps of major altcoins like Ethereum, XRP, and Solana and divided them by 21 million – the same as Bitcoin’s total supply.

The results? Pretty striking:

• Ethereum: $193 billion (market cap) / 21 million = $9,200
• XRP: $121 billion (market cap) / 21 million = $5,800
• Solana: $71 billion (market cap) / 21 million = $3,400

Following this logic, buying a “Bitcoin-equivalent portion” of ETH or XRP would actually be much pricier than most people imagine.

The Real Culprit: “Unit Bias”

Mow clarifies that “unit bias” is the root of this misunderstanding. Many altcoins are designed with massive supplies, which makes the price of a single coin seem very low. You might hear someone say, “XRP is just $2, but Bitcoin’s $85,000 – way too much!”

But, as Mow points out, a low price tag doesn’t automatically equal a good value. This is the trap of unit bias, and he believes it often misleads newcomers to crypto.

The key thing people miss, Mow emphasizes, is the sheer amount of XRP out there. With a supply of around 58.3 billion, that seemingly low price tag is actually deceptive.

Bitcoin Remains King

Mow argues that once investors truly grasp the concept of unit bias, they’ll start to see Bitcoin’s superior long-term value. He anticipates a shift back towards Bitcoin, further solidifying its dominance in the crypto world.

His message is clear and concise: “Bitcoin only.”

And for those still doubting Bitcoin’s potential, remember that Mow previously predicted Bitcoin would reach $1 million by 2021.