Bitcoin's iPhone Ratio Crashed 99.99% Since 2011: Here's How Much 1 iPhone Cost Back Then

What happened

Bitcoin's value compared to iPhones has fallen 99.99% since 2011. Currently, one Bitcoin can buy 60 iPhones, including Apple's new $2,000 foldable iPhone Duo, which shows Bitcoin's purchasing power has grown dramatically over time.

Confirmed

Global impact / market context

For investors, Bitcoin's rising ability to buy real goods like iPhones suggests it is becoming a stronger store of value, which means an asset that holds worth over time. This could attract more buyers, increase demand, and potentially push Bitcoin's price higher.

Analyst inference

In the cryptocurrency market, comparing Bitcoin to consumer products makes its value easier for everyday people to grasp. If this comparison boosts investor confidence, it could lead to higher trading activity and more money flowing into Bitcoin, relative to safer investments like government bonds.

Analyst inference

What to watch

1. Watch for Apple's launch of the $2,000 foldable iPhone Duo, which provides a clear, widely known product to measure Bitcoin's purchasing power against, helping investors see real-world value changes. Confirmed
2. Consider tracking Bitcoin's price in terms of iPhones each month, as this simple ratio might reveal shifts in Bitcoin's real-world buying power more clearly than dollar prices alone for beginners. Proposed
3. If Bitcoin's iPhone ratio keeps falling, meaning Bitcoin buys more phones over time, expect increased interest from new retail investors. This could raise demand, increase trading volumes, and strengthen Bitcoin's role as a long-term asset. Analyst inference

Affected assets

• BTC — Bitcoin

Evidence

• benzinga.com