Birdwatch Note Rating
2023-10-08 08:03:28 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 9F790E97FFF133CD0151B04D7F20DEF8BDDC7345F80F7BFE71854DF798DC1BAA
Participant Details
Original Note:
There are an estimated 33 million entities holding bitcoin themselves according to detailed entity-based analysis. https://insights.glassnode.com/bitcoin-supply-distribution-revisited/ On top of that, an estimated 70% of users hold cryptocurrency on exchanges, which would extend the total number of people significantly. https://www.coingecko.com/research/publications/where-people-store-crypto
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