Less than 1% of US Citizens own BitcoinsteemCreated with Sketch.

in #bitcoin5 years ago

Let that sink if for a moment

Less than 1% of the US population owns bitcoin.

There are around 330 million people in the US and less than 1% of those people own any bitcoin.

That may sound like a crazy small number, but it is actually even more extreme than that.

The US is one of the largest and most popular bitcoin investing market, and if only 1% of its people own bitcoin, think about the rest of the world.

Bitcoin is a global asset.

(Source: https://twitter.com/LokartlegalUA/status/1180440408607862784)

That is why everyone and their dog is screaming how scarce bitcoin will actually become if there is any kind of real global adoption.

Imagine if 10% of a country suddenly owned bitcoin, or 15%.

Think about how high prices would have to go in order for that to happen...

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