So I asked chatgpt on the blog title, well I’m surprised not more people holds Bitcoin. The response was…
As of 2024, it’s estimated that around 106 million people globally own Bitcoin. This represents approximately 1.3% of the world’s population (BuyBitcoinWorldwide) (Coinweb). Cryptocurrency ownership overall is broader, with around 420 million people owning some form of cryptocurrency, which is about 4.2% of the global population (Techopedia). Bitcoin remains the most widely held cryptocurrency, accounting for a significant portion of these figures. The distribution of Bitcoin ownership is notably uneven, with a significant portion held by a relatively small number of users.
The I asked this, “from 1.3% whats the estimated breakdown of their bitcoin holdings, show in table”
To provide a breakdown of Bitcoin holdings among the 106 million Bitcoin owners globally (approximately 1.3% of the world’s population), we can use general patterns observed in various reports on cryptocurrency distribution. Here’s a table that summarizes the estimated distribution of Bitcoin holdings:
| Holdings | Percentage of Owners | Number of Owners |
|---|---|---|
| < 0.01 BTC (Small holders) | 60% | 63.6 million |
| 0.01 – 0.1 BTC | 25% | 26.5 million |
| 0.1 – 1 BTC | 10% | 10.6 million |
| 1 – 10 BTC | 4% | 4.24 million |
| > 10 BTC (Large holders) | 1% | 1.06 million |
Breakdown Explanation:
- Small Holders (< 0.01 BTC): The majority of Bitcoin owners hold less than 0.01 BTC, typically because of micro-investments, curiosity, or testing the waters.
- Moderate Holders (0.01 – 0.1 BTC): A significant portion of users holds a bit more, but still relatively small amounts, possibly due to limited investment or regular but small-scale transactions.
- Average Holders (0.1 – 1 BTC): This group includes individuals who are moderately invested in Bitcoin, showing a more substantial commitment.
- Large Holders (1 – 10 BTC): Fewer in number, these owners have a significant investment in Bitcoin, often with a deeper involvement in the cryptocurrency space.
- Major Holders (> 10 BTC): A small fraction holds large amounts, including early adopters, major investors, institutions, or high-net-worth individuals.
Then I asked, “how many holding 1 bitcoin or more, where are they from”
To estimate the distribution of Bitcoin holders with 1 Bitcoin or more by country, we can use general trends and assumptions based on available data. Keep in mind that actual numbers can vary due to the decentralized and anonymous nature of Bitcoin ownership. Here’s an estimated breakdown:
| Country | Estimated Number of Bitcoin Holders (1 BTC or more) |
|---|---|
| United States | 300,000 |
| China | 200,000 |
| Russia | 100,000 |
| Germany | 80,000 |
| Japan | 70,000 |
| United Kingdom | 60,000 |
| Canada | 50,000 |
| Australia | 40,000 |
| South Korea | 30,000 |
| France | 30,000 |
| Other Countries | 200,000 |
| Total | 1,060,000 |
Please note that these numbers are estimates and may not represent exact figures. The distribution of Bitcoin holders with 1 Bitcoin or more can vary over time and may be influenced by factors such as regulatory changes, market trends, and adoption rates in different regions.
In essence, you’re still at the forefront. Don’t fall behind; move beyond zero Sats
1Bitcoiner.com 
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