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Cryptocurrency News Articles
Bitcoin Scarcity and Why Full BTC Ownership Is Rare
Feb 03, 2025 at 03:45 am
According to this site, there were approximately 50 million Bitcoin holders a year ago. But how has that evolved and how many people have 1 Bitcoin?
Bitcoin has come a long way since its early days, when 1 BTC was worth just a few cents. Today, 1 BTC is worth over $105,000, and a select few own the majority of the total supply. But what does this mean for financial autonomy in finance? And what are some other options available for those who missed out on BTC?
According to a report from a year ago, there were approximately 50 million Bitcoin holders. However, new data from an analysis by Bitget in November last year suggests that only around 800,000 wallets now hold at least 1 Bitcoin.
While this may seem like a significant number, it's important to note that this data only includes wallets on centralized exchanges. We cannot know for sure how many people are holding Bitcoin on decentralized exchanges or whether some customer funds have been consolidated by their investment portal.
According to estimates from a poster on Binance Square, approximately 1.5 million people hold more than one Bitcoin, which accounts for just 0.36% of the 420 million cryptocurrency users. This statistic shows just how rare it is to own a full Bitcoin.
Some Bitcoiners believe that there will be a special “1 Bitcoin Club” or some advantage in the future for those that hold 1 whole BTC. However, since so few people have that much, and there is no centralized authority behind Bitcoin, this seems unlikely.
According to Jake Levison, ex-Blockworks Group analyst, if you own 0.28 Bitcoin, just 1% of the world’s population will ever be able to own more than you if you possess 0.28 BTC, due to Bitcoin’s limited supply.
Bitcoin proved that money could exist outside banks and governments. Ethereum made it programmable. But DeFi still isn’t easy for everyone to use, and that’s where Cutoshi comes in. The project isn’t just a plain meme coin that’s here today and gone tomorrow. It's planning to be a MemeFi ecosystem designed to make decentralized finance simple, attractive, and part of everyday life.
Most people will never have a full Bitcoin. Most people don't even have a fraction of one. But financial freedom isn't just about owning BTC. It's about being able to trade, earn, and invest without relying on centralized middlemen. And it’s also about being able to make big gains that aren’t possible in traditional stocks.
In reality, there are many ways for people to be part of the financial revolution that cryptocurrencies like Bitcoin are making possible. People can continue to buy, hold and sell Bitcoin, while also looking for new opportunities.
Cutoshi, as a point in case, is a new memeFi project aiming to help people discover and use decentralized finance. The team is building a cute but powerful peer-to-peer DEX on Ethereum, where anyone can swap assets without KYC or restrictions
And it doesn’t stop at trading. Cutoshi is creating a DeFi learning academy to ensure their community knows what they can do. Memecoins go viral because they’re fun, but most don't last. Cutoshi blends meme culture with actual utility, making sure the project isn't just a momentary trend but something that keeps growing.
The presale is already in stage 4, with the price set to increase as more buyers get in. With a low starting market cap and an ecosystem built for long-term engagement, CUTO is on the radar of savvy investors.
For more information on the Cutoshi (CUTO) Presale:
https://cutoshi.com/
Join and become a community member:
https://twitter.com/CutoshiToken
https://t.me/cutoshicommunity
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Tron (TRX) Price Predictions: Will the Cryptocurrency Skyrocket in 2025 and Beyond?
- Feb 03, 2025 at 10:45 am
- The cryptocurrency market is buzzing with speculation about the future of Tron (TRX), as analysts and industry experts weigh in on its possible trajectory. Recent data and market trends indicate that Tron could secure substantial growth in the coming years, with TRX price predictions ranging from conservative estimates to more bullish forecasts.
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- 3 Undervalued Crypto Gems Set to Explode in 2025: Cardano (ADA), SUI Blockchain Network, and DTX Exchange (DTX)
- Feb 03, 2025 at 10:45 am
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- XRP Price Analysis: Market Pressure Is Currently Bearish, But There Remains a Chance for the Bulls to Step In
- Feb 03, 2025 at 10:45 am
- Cryptocurrency markets are in the red today, with major coins including Bitcoin, experiencing price declines. XRP has been hit the hardest, with its price dropping over 20% in the last 24 hours.