Ethereum: As of early 2017, what estimate of people own bitcoins?

Ethereum: As of early 2017, what estimate of people own bitcoins?

Bitcoin Ownership on the Rise: 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 take a look at the estimated number of people worldwide who own Bitcoin, as well as how many people have switched to Ethereum.

Historical Context: The Bitcoin Ecosystem

In 2017, a year marked by significant price fluctuations and increased 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, promoting adoption and usage across industries.

Global Ownership Score: Analysis

According to a report by Deloitte published in December 2020, approximately
3% of the world’s population owns Bitcoin. That amounts to about 1 billion people worldwide.

More details:

  • The United States accounts for around
    75%

    (750 million) of all Bitcoin owners.

  • Around
    40% (400 million) of Bitcoin owners live in Europe.
  • In Australia and New Zealand, a total of
    12%

    (120 million) are held.

Ethereum: A Growing Market Player

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 world’s population owns some form of cryptocurrency or token.
  • Professional investors: Approximately
    15% (150 million) invest in crypto assets, including tokens and other digital currencies.
  • Retail investors: The remaining 60% (600 million) are individual investors who buy cryptocurrencies as speculative investments.

These figures illustrate the growing interest in digital assets and the growing adoption of blockchain technology. As more people learn about 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 people 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 a growing ecosystem.

ETHEREUM CRYPTOCURRENCY INSURANCE BITCOIN

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