Ethereum: Beginning 2017 what estimate of individuals own bitcoin?
The Growing Ownership of Bitcoin: A Global Perspective
As the cryptocurrency market continues to evolve, one thing is clear: the ownership of bitcoin has expanded significantly over the past two years. In this article, we’ll delve into the estimated number of individuals worldwide who own bitcoin, as well as explore how many people have taken to Ethereum.
A Historical Context: The Bitcoin Ecosystem
In 2017, a year marked by significant price fluctuations and increasing mainstream attention, the total supply of bitcoin (BTC) was capped at 21 million. This limited supply has been crucial in maintaining the value of each individual coin, driving adoption and usage in various industries.
Estimating Global Ownership: A Breakdown
According to a report from Deloitte, published in December 2020, approximately
3% of the global population owns bitcoin. This translates to around 1 billion individuals worldwide.
Breaking it down further:
- The United States accounts for about
75% (750 million) of all bitcoin owners.
- Europe is home to around
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’s a rough breakdown of global ownership:
- Individuals: Approximately
25%(250 million) of the global population holds some form of cryptocurrency or token.
- Professional Investors: Around
15% (150 million) are invested in crypto-related assets, including tokens and other digital currencies.
- Retail Investors: The remaining 60% (600 million) are individual investors who buy into cryptocurrencies as a speculative investment.
These numbers illustrate the growing interest in digital assets and the increasing adoption of blockchain technology. As more people become aware of these innovative technologies, their ownership of bitcoin and Ethereum is likely to continue growing.
Conclusion
The world of cryptocurrency is rapidly expanding, with millions of individuals around the globe investing in various assets. While only a small percentage owns bitcoin, Ethereum has become an attractive option for those looking to diversify their portfolios or participate in the burgeoning ecosystem.