Quote from: squatter on October 26, 2019, 07:04:43 PM

Quote from: Jgilpulg on October 26, 2019, 02:43:33 PM

Many countries are starting to understand the importance of Bitcoin and its blockchain technology. The U.S. is not necessarily one of them. However, the number of Americans holding the cryptocurrency is increasing.

https://bitcoinist.com/crypto-owners-in-us-have-risen-81-ytd/

I'd be curious to see who they surveyed. All I can find is this:

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...according to a survey of 2,068 participants commissioned by Finder.

14.4% of Americans seems awfully high to me. I wouldn't be surprised if the results are skewed because the respondents weren't representative of the population. Some demographics will definitely have a higher propensity to use Bitcoin -- Millennials, internet users, etc.

Exactly what I was thinking - going through a sample size of 2,000 people isn't a lot at all and can easily be inaccurate with a lot of factors, age, location even (people in New York will probably be more interested in Bitcoin then in other cities) and I don't think anyone should be using this metric as something really accurate.

Quote from: stompix on October 26, 2019, 11:47:33 PM

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As a result, about 36.5 million Americans own some form of crypto asset.
The Profile survey also revealed that Americans holding crypto assets have an average of $5,447 in digital coins

Hmmm, 36.5m x5.447 $= 198 billion, total market cap of all coins is 234 billion, ...Satoshi owns another 10 billion...
Yeah, legit!

Lol, nice catch mate!

These statistics are very skewed and a more accurate survey that has people from all the regions if America, in different age groups and a fair range of internet users would be much more accurate and these previous studies are just estimates...