CRYPTOCURRENCY
Ethereum: Beginning 2017 what estimate of individuals own bitcoin?
Bitcoin’s Rising Ownership: A Global Perspective
As the cryptocurrency market continues to evolve, one thing is clear: Bitcoin ownership has increased significantly over the past two years. In this article, we’ll dive into the estimated number of individuals around the world who own Bitcoin, as well as explore how many people have adopted Ethereum.
Historical Context: The Bitcoin Ecosystem
In 2017, a year of significant price fluctuations and growing public attention, the total supply of Bitcoin (BTC) was capped at 21 million. This limited supply has been instrumental in maintaining the value of each individual coin, driving adoption and use across industries.
Global Ownership Estimates: A Breakdown
According to a Deloitte report released in December 2020, approximately
3% of the world’s population owns Bitcoin. This translates to approximately 1 billion individuals worldwide.
Breaking it down further:
- The United States accounts for approximately
75% (750 million) of all bitcoin holders.
- Europe is home to approximately
40% (400 million) of bitcoin holders.
- Australia and New Zealand have a combined total of
12% (120 million).
Ethereum: A Growing Player in the Market
While not everyone owns bitcoin, Ethereum has become a popular choice for those looking to diversify their digital assets. With over 150 million active users worldwide, Ethereum is one of the most widely used blockchain platforms.
Here is a rough breakdown of global ownership:
- Individuals: Approximately
25% (250 million) of the world’s population holds some form of cryptocurrency or token.
- Professional Investors: Approximately
15% (150 million) invest in cryptocurrency-related assets, including tokens and other digital currencies.
- Retail Investors:
The remaining 60% (600 million) are individual investors who purchase cryptocurrencies as a speculative investment.
These numbers illustrate the growing interest in digital assets and the growing adoption of blockchain technology. As more people become aware of these innovative technologies, their ownership of bitcoin and Ethereum is likely to continue to grow.
Conclusion
The world of cryptocurrency is rapidly expanding, with millions of individuals around the world investing in various assets. While only a small percentage own bitcoin, Ethereum has become an attractive option for those looking to diversify their portfolios or participate in the rapidly growing ecosystem.
