Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

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Scraped on 23/07/2025, 08:07:46 UTC

Quote from: JayJuanGee on July 23, 2025, 06:54:20 AM

Quote from: philipma1957 on July 22, 2025, 08:55:19 PM

Quote from: _act_ on July 22, 2025, 05:36:40 PM

Bitcoin versus gold ownership in the United States according to a new report from River

https://river.com/learn/files/river-america-report-2025.pdf?ref=blog.river.com

1 out of 6 or 1 out of 7 Americans have BTC

I don't believe it.

I guess it depends on the definition: I'd say owning Bitcoin means owning owning your keys. Considering there are only 53,218,057 funded Bitcoin addresses (based on yesterday's data), and considering many Bitcoin owners have more than one funded address, there are far less than 50 million Bitcoin owners worldwide.
On the other hand, if I use a broker to buy shares of a certain company, I can say I own shares of that company. So I guess (by now) it's okay to say you own Bitcoin when you "have" some on an exchange or ETF. By that definition, 1 in 6 or 7 sounds plausible.

Original archived Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Scraped on 23/07/2025, 08:03:11 UTC

Quote from: JayJuanGee on July 23, 2025, 06:54:20 AM

Quote from: philipma1957 on July 22, 2025, 08:55:19 PM

Quote from: _act_ on July 22, 2025, 05:36:40 PM

Bitcoin versus gold ownership in the United States according to a new report from River

https://river.com/learn/files/river-america-report-2025.pdf?ref=blog.river.com

1 out of 6 or 1 out of 7 Americans have BTC

I don't believe it.

I guess it depends on the definition: I'd say owning Bitcoin means owning owning your keys. Considering there are only 53,218,057 funded Bitcoin addresses (based on yesterday's data), and considering many Bitcoin owners have more than one funded address, there are far less than 50 million Bitcoin owners.
On the other hand, if I use a broker to buy shares of a certain company, I can say I own shares of that company. So I guess (by now) it's okay to say you own Bitcoin when you "have" some on an exchange or ETF. By that definition, 1 in 6 or 7 sounds plausible.