How many people own Bitcoin in your country

Different studies show that about 1.5% of the world's population owns Bitcoin. Is it really so?

Research shows that 11% of U.S. citizens own Bitcoin, which means about 30 million BTC holders are Americans. About 5% of Europeans own Bitcoin, which means 37 million people from Europe have the most advanced digital asset.

But have you ever thought about how many people own at least 1 Bitcoin?

According to BitInfoCharts, there are 664,406 addresses that have at least 1 BTC (1.7 million coins in total), which is only 2% of all existing addresses. But, we understand that one address doesn’t actually mean one person.

But there can be another scenario, where one person can own more than 1 BTC but in few different addresses. For instance, a person can hold 0.5 BTC in one wallet and 0.5 in another one, or store 0.1 Bitcoin each in 10 different wallets.

There is also another situation in which we can take a wallet holding 10 Bitcoins. But the owner of the wallet might be a firm or association where each member has a right to less than one BTC.

And the last scenario is that it is very common for some people to not move BTC off the crypto exchange. They simply use centralized services and never buy or create a crypto wallet.

Bitcoin daily users

What about Bitcoin daily users? There are around 300,000 Bitcoin transactions processed each day. But can we trust this number? As one transaction can have multiple recipients.

There are between 400,000 and 800,000 active addresses in the Bitcoin network a day. So about 300,000 - 500,000 unique users either send or receive BTC daily.

The bitcoiner Kevin Rooke tweeted an interesting data indicating a total number of days that outreached more than 1,000,000 active BTC addresses:

Only 69 days in Bitcoin history have seen more than 1,000,000 active addresses on the network.

3 of those days were in the summer of 2019.

23 have already occurred in the summer of 2020.

Have you ever thought about how many active Bitcoin traders in your country?

According to the report by CH&Co, there are between 52 million crypto traders around the globe.

They are split into the following countries:

Asia (besides Korea and Japan): 15.3 million

North America: 15.3 million

Europe: 10 million

Japan: 6.75 million

South Korea: 5 million

Africa: 1.6 million

Latin America: 1.05 million

Australia and New Zealand: 400,000