Posted by GTES Exchange
Last updated 13th March 2020
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Bitmatters Opinion Post
Regarding: An article published 12th March 2020 "Amid Market Downturn, Number of People Owning 1 BTC Hits New Record" by CoinTelegraph. Click Here for the full article.
#Bitcoin. Who is it good for?
There are a record number of wallets that hold at least 1 BTCt. The is a good thing, right? Well no because it still means that less than 1 in 10,000 people on the planet own 1 Bitcoin even now. To put that another way, only 1 in 4,775 millionaires on the planet could own one of those wallets.
Bitcoin is rare. You can still own one whole Bitcoin but for how much longer is the question...
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