RATE Group | How Much Bitcoin You Need to Be in the Richest 1% of BTC Holders
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How Much Bitcoin You Need to Be in the Richest 1% of BTC Holders

19 Feb How Much Bitcoin You Need to Be in the Richest 1% of BTC Holders

Posted at 14:02h in Bitcoin News by

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Just when you were lamenting not buying more bitcoin before the price spiked, Jake Levison made your day. According to the BlockWorks Group analyst, you only need 0.28 BTC to be in the top 1% richest of the world (in BTC terms).

Apparently It Only Takes 0.28 bitcoin

As BTC blasts through $10K again in spite of possible impending bearish regulation, Bitcoinist recently reported that just 2% of all addresses hold 1 BTC or more.

Of course, many people hold more than 1 BTC spread out over various wallets. However, the actual number of people who own a whole bitcoin is really quite small at somewhere between 500,000 and 1 million.

There’s no need to despair if you haven’t been able to acquire (or keep) a full BTC, though. Jake Levison says that all it takes is 0.28 BTC:

But how did he reach this conclusion and…

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