🤔 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!