If True, It Means About 1.3% Of The World's Population Owns Bitcoin.
Grayscale, the world’s largest crypto assets management firm by over $60b assets under management (aum), has revealed that 67 million americans own bitcoin (btc). About 50 miners control 50% of the mining capacity. Indeed, we are seeing how companies and large firms are entering the market.
The Study Also Shows That One Third Of All Bitcoin Is Owned By Its Top 10,000 Investors.
The top 10% of miners control 90% of the mining capacity. To even own bitcoin makes you part of an elite community of owners, because 80 million in a world of 7+ billion isn't that many. Consumers who wanted to acquire a financial product or investment in the next 12 months, roughly seven percent said.
Illegal Activity Is A Small Fraction (3%) Of What Actually Goes On In The Bitcoin Blockchain.
About 2% of the anonymous ownership accounts that can be tracked on the cryptocurrency’s blockchain control 95%. And over 18,000 businesses are. Miners originally owned 100% of all bitcoin in existence when bitcoin was first launched as this was the only way to acquire bitcoin initially.
As Of 2021, We Estimated Global Crypto Ownership Rates At An Average Of 3.9%, With Over 300 Million Crypto Users Worldwide.
In fact, 1% of the addresses control half the entire market. As you can see, over 95% of all bitcoins in circulation are owned by about 4% of the market. This is why the percent ownership of the bitcoin supply can be estimated using the hard limit that is 21 million.
The Above Figures Are An Estimate For An Upper Bound Of The True Distribution Of Bitcoin Ownership.
80% of bitcoin volume in an average week can be traced to exchanges. In october 2020 michael saylor tweeted that he owns 17,732 btc, purchased for an average price of $9,882 per bitcoin. We can derive that around 2% of network entities control 71.5% of all bitcoin.