Winning lottery 9x in a row easier than breaching Bitcoin’s security Winning lottery 9x in a row easier than breaching Bitcoin’s security
As per prevailing indices, Bitcoin has a better chance of returns within a year than winning the lottery.
1 min read
Updated: Nov. 7, 2022 at 8:39 pm UTC
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.
As per reports, one has to win Lotto Powerball nine times in a row to match the odds. Thus, by investing in BTC, investors enjoy a higher tendency to secure their funds and make more wealth.
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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.ย
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.ย ย
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 โsaferโ assets like Gold and NASDAQ plummeted.ย
Author 
Soumen Datta
Soumen is a dedicated researcher and writer in the field of cryptocurrencies, DeFi, NFTs, and GameFi projects.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.