đ€ Why Does #Bitcoin Have Value?
Bitcoin is often referred to as "digital gold," but what makes it valuable?
â ïž Utility, Scarcity, Security, Adoption, Decentralization
đ° 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
đŒ 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!