Alex Bit on Nostr: I would say that the average “pleb” wholecoiner has their 1 BTC split across ...
I would say that the average “pleb” wholecoiner has their 1 BTC split across several addresses, as they accumulated sats over a long period of time. They probably didn’t buy 1 BTC all at once.
That’s why the statistic showing the number of addresses with more than 1 BTC—currently around 1 million—is misleading.
I’d make a calculated guess that the number of active wholecoiners in the world today is around 4 million people.
The majority of the total bitcoin supply is in the hands of individuals, who have been stacking sats over the past 15 years, before companies and institutions started accumulating heavily. The total bitcoin balance is widely distributed among the plebs.
That’s why the statistic showing the number of addresses with more than 1 BTC—currently around 1 million—is misleading.
I’d make a calculated guess that the number of active wholecoiners in the world today is around 4 million people.
The majority of the total bitcoin supply is in the hands of individuals, who have been stacking sats over the past 15 years, before companies and institutions started accumulating heavily. The total bitcoin balance is widely distributed among the plebs.