Nov 14, · Bitcoin prices have bounced back in after the cryptocurrency bubble burst last year. A new survey by the Bank of Canada reveals just how bitcoin ownership demographics Author: Wayne Duggan. Jun 26, · After all, more than 90% of Bitcoin users are still male. And a lot of them, at % are barely out of high school. Making up the lion’s share of users, Bitcoin demographics show that almost 50% are millennial. Some % are between 35 and 44, . Bitcoin does not have representative demographics of any other existing economy. In the beginning it was hackers and programmers, quickly followed by libertarians, substance abusers, and apparently anarchists. The influx of capital caused the price of Bitcoin to increase rapidly and noticeably, bringing in gamblers, traders, and risk-takers.
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But, with enough data, we can make an educated guess. It looks as though Bitcoin is once again generating a lot of attention, especially in the wake of Covid, according to data from Statista. Considering that two of the largest wallet providers, Coinbase and Blockchain. Additionally, the firm noted that the number of non-zero balance bitcoin wallets reached an all-time high of 31,, According to data from Bitinfo and Glassnode , the number of people transacting daily has been on a steady rise since January , going from an average of kk to around one million per day.
From that, we can assume that three percent of the near 32 million non-zero balance wallets transact bitcoin every day, indicating that HODLing and speculating on the price is the most popular use of bitcoin. America has become one of the most popular destinations for digital currency adoption despite ongoing battles with regulators. One survey suggests that approximately 11 percent of Americans own bitcoin, meaning that some 30 million bitcoin owners are based in the States.
The most popular bitcoin wallet provider and cryptocurrency exchange, Coinbase, claims to have over 35 million verified users across over countries. This is a stark increase from the 13 million users registered with the exchange in Whilst this figure certainly falls in line with the numbers mentioned above, it can be safely assumed that many of these accounts are no longer active.
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