How Many People Own And Use Bitcoin?

Bitcoin, the world’s first decentralized digital currency, has been gaining popularity over the past few years. But just how many people own and use Bitcoin? The answer is not as straightforward as one might think.

According to a report by the Cambridge Center for Alternative Finance, as of 2018, there were approximately 35 million unique Bitcoin users worldwide. However, this number is likely to be an underestimate, as it only includes those who have been identified and verified through various forms of research.

The actual number of Bitcoin users is likely to be much higher, as many people choose to remain anonymous when using digital currency. Additionally, many people own Bitcoin but do not actively use it, such as those who have bought it as an investment rather than a form of payment.

Another factor to consider is that the number of Bitcoin users is constantly changing. As more and more merchants and businesses begin to accept Bitcoin as a form of payment, the number of people using digital currency is likely to grow. Additionally, as more people become aware of the benefits of using Bitcoin, such as its decentralization and security, the number of users is likely to increase.

Despite the challenges in determining the exact number of Bitcoin users, it is clear that the digital currency is becoming increasingly popular. With more and more businesses accepting Bitcoin as a form of payment, and more people becoming aware of the benefits of using it, it is likely that the number of Bitcoin users will continue to grow in the coming years.

In conclusion, the number of people who own and use Bitcoin is hard to pin down, but it is clear that it has a growing number of users. With more and more businesses accepting it as a form of payment and more people becoming aware of its benefits, it is likely that the number of Bitcoin users will continue to grow in the coming years.

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