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BTC is closing in on its 1 millionth address with over 1 BTC. Seems like some people have indeed be stacking a lot.

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by COINS NEWS 134 Views

BTC is closing in on its 1 millionth address with over 1 BTC. Seems like some people have indeed be stacking a lot.

If there is one thing everyone of us would definitely and that has been seen as some kind of a “dream“ to reach, it is having one whole Bitcoin. 1 BTC would not only mean a big investment, $28k at current prices with a peak of $69k, it is also something that not everyone will be able to reach due to Bitcoins fixed supply of 21 million out of which many are already lost forever.

So having 1 BTC is not only a good investment but something that is already and will even more in future be seen as a rarity.

Chart by analyst James V.Straten about Bitcoin addresses with over 1 BTC

The simplest stat: There are 7 billion humans and only 21 million Bitcoin. Only 0.003% of humans will be able to hold that if everyone has 1 BTC but obviously there are people that have thousands of BTC, so the actual number is probably closer to something like 0.00003%.

We have way more millionaires than there will ever be people with 1 BTC.

Now we are reaching an important milestone, nearly 1 million addresses with 1 BTC at least. This just shows that even in this bear market a lot of people were convicted enough to keep stacking their sats. And a huge congrats to everyone reaching that 1 BTC! It is nothing easy and not even 0.001% of humanity will achieve that.

submitted by /u/partymsl
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