Dear members,
I was recently asked the following question on the Russian Thread: where does the info about '110 BTC Owners dying every day' come from?
Here is simple arithmetic:
Data about the amount of cryptocurrencies' owners from University of Cambridge research paper: "The current number of unique active users of crypocurrency wallets is estimated to be between 2.9 million and 5.8 million." (1). The research was published in May, so it is reasonable to assume that today the amount of users is closer to 5 million, rather than 3 million.
Data about the amount of daily deaths: 151,600 people die every day (2)
The ratio of people using cryptocurrency in the world: 5 million / 7000 billion = 0.0007
Multiply the amount of daily deaths and the ratio of people using crypto: 0.0007 * 151,600 = 106.12
Thus, approximately 110 BTC owners die everyday.
Sources:
1)
https://www.jbs.cam.ac.uk/fileadmin/user_upload/research/centres/alternative-finance/downloads/2017-global-cryptocurrency-benchmarking-study.pdf2)
http://www.ecology.com/birth-death-rates/Thanks for sharing about this. It looks like the will business will be a real and big business as crypto getting more and more popular. Maybe in the future, every one needs to have a crypto will.