Introduction
The cryptocurrency Bitcoin has been gaining more and more attention over the past few years. As the value of Bitcoin increases, so too does the interest in who owns it and how many people actually own at least one Bitcoin. This article seeks to explore this question by looking at available statistics on Bitcoin ownership, surveys and studies on the number of people who own at least one Bitcoin, and a comprehensive look at the number of people who own at least one Bitcoin.
Statistical Breakdown of Bitcoin Ownership: How Many People Own 1 Bitcoin?
To get an accurate picture of how many people own at least one Bitcoin, we need to look at available statistics on Bitcoin ownership. According to Statista, an estimated 5.8 million people were actively using a cryptocurrency wallet in 2019. Of that 5.8 million, Bitcoin was the most popular with 4.9 million users. This indicates that around 85% of all cryptocurrency wallet users have at least one Bitcoin.
However, these statistics are not indicative of the total number of people who own at least one Bitcoin. That’s because many people use centralized exchanges or other services to buy and sell Bitcoin without ever having to use a cryptocurrency wallet. Therefore, these numbers only reflect the number of people who actively use a cryptocurrency wallet, not the total amount of people who own at least one Bitcoin.
In addition to these statistics, there have been several surveys and studies conducted to try and determine the number of people who own at least one Bitcoin. A survey conducted by Blockchain Capital in 2018 found that 7% of Americans own at least one Bitcoin. This suggests that, at the time of the survey, around 21 million Americans owned at least one Bitcoin. However, this survey was conducted in 2018, so it is unclear if the percentage of Americans who own at least one Bitcoin has increased or decreased since then.
A study conducted by Global Digital Finance (GDF) in 2020 looked at the number of people who own at least one Bitcoin across the globe. The study found that approximately 30 million people worldwide own at least one Bitcoin. This suggests that the number of people who own at least one Bitcoin has increased significantly since 2018, when the Blockchain Capital survey was conducted.
Comprehensive Look at the Number of People Who Own at Least One Bitcoin
Now that we’ve looked at the available statistics and surveys on the number of people who own at least one Bitcoin, let’s take a more comprehensive look at the extent of Bitcoin ownership across the globe. To do this, we’ll examine the distribution of Bitcoin ownership across different countries and regions, as well as the demographics of those who own at least one Bitcoin.
First, let’s take a look at the distribution of Bitcoin ownership across different countries and regions. According to the GDF study, the countries with the highest number of Bitcoin owners are the United States (10.3 million), China (5.6 million), Russia (3.3 million), the United Kingdom (2.6 million), and Germany (1.6 million). This indicates that the majority of Bitcoin owners are concentrated in the United States, China, and Europe.
Now let’s take a look at the demographics of those who own at least one Bitcoin. According to the GDF study, the majority of Bitcoin owners are male (77%), aged between 25 and 44 (57%), and have a college degree (58%). The study also found that the majority of Bitcoin owners are from the upper-middle class (54%) and have a household income of $75,000 or higher (64%). This suggests that the majority of Bitcoin owners are relatively wealthy and educated individuals.
Finally, the GDF study found that the majority of Bitcoin owners are from the United States (42%), followed by China (20%), the United Kingdom (7%), Russia (4%), and Germany (3%). This indicates that the majority of Bitcoin owners are concentrated in the US and China, with smaller numbers in Europe.
Conclusion
In conclusion, this article examined the number of people who own at least one Bitcoin. We looked at available statistics on Bitcoin ownership, surveys and studies on the number of people who own at least one Bitcoin, and a comprehensive look at the number of people who own at least one Bitcoin. Our findings suggest that there are currently around 30 million people worldwide who own at least one Bitcoin, with the majority of them being male, aged 25-44, college educated, upper-middle class, and with a household income of $75,000 or higher. Additionally, the majority of Bitcoin owners are concentrated in the United States and China, with smaller numbers in Europe.
Further research should be conducted to gain a better understanding of the number of people who own at least one Bitcoin, as well as the demographics of those who own Bitcoin. Additionally, further research should be conducted to see if the number of people who own at least one Bitcoin has changed since the GDF study was conducted in 2020.
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