🤔 Why Does #Bitcoin Have Value?

Bitcoin is often referred to as "digital gold," but what makes it valuable?

✅️ Utility, Scarcity, Security, Adoption, Decentralization

💰 BITCOIN DISTRIBUTION:

➣ 57% of Bitcoin is held by individuals

➣ 17.6% of Bitcoin is lost

➣ 6.6% is yet to be mined

➣ 5.2% is in Satoshi Nakamoto's wallet

➣ 3.9% is held in Bitcoin ETFs

➣ 3.6% is owned by companies

➣ 3.4% is with miners

➣ 2.7% is held by governments

🔼 This distribution highlights that a large portion of Bitcoin is owned by individuals (not companies), while a significant amount is lost or yet to be mined!

#Crypto #Blockchain #MarketPullback #BTC $BTC