Home Bitcoin News Wait Till Americans Get Pushed Over the Edge and Go Full Bitcoin (BTC)

Wait Till Americans Get Pushed Over the Edge and Go Full Bitcoin (BTC)

Wait Till Americans Get Pushed Over the Edge and Go Full Bitcoin (BTC)

Dan Held Shared: This blows my mind. 25%!

“1 in 4 Americans with over 10,000 dollars in invest able assets reported owning Bitcoin in some form.”

Community Response:  This seems totally wrong to me. Just feels off. Maybe 2%.

To be fair – Few Americans have any invest able assets.  I believe less than 50%?

Wait till they get pushed over the edge and go full Bitcoin.

It’s a very specific sector. What is the % of people owning more than 10,000 in invest able assets? 10%? 15%? 15% x 25% = 3.75% (more representative IMO)

Should be anyone with a 401K.

Grayscale is the source? Talk about bias.  This is why you need to have a plan for BTC and stick to the plan.  If your plan is invalidated, get out ASAP.  Don’t get stuck in your bullish Bitcoin bias.

Don’t spend time attacking people or people you hate.  Instead, spend time on building your own products, spend time on yourself. Some people still don’t get this.

I wonder what assets are included. Are you included in the 25%? If your 401k owns MicroStrategy who owns Bitcoin.

4 in 4 very soon and globally it will be 2 in 4.

I have about a 10% allocation to Bitcoin and Ethereum in my Provident Fund now.

Blows my mind it’s so low.  Mass adoption is coming everyone.  We are early. Don’t lose sight of the long-term goals.  Everyone thought mobile phones, computers, and the internet would never go anywhere. We are on the right side of history.

“In some form.” So, if you own an S&P ETF – you own it because of Tesla having it on their balance sheet?  We’re still so early.

With your background in Apps, you get adoption. You understand critical mass and mind share. Bitcoin is becoming a Lifestyle Product deeply integrated into not only people, but families. This is how the Chasm is jumped. Those kind of numbers.

About 25% of the Dutch youth owns crypto.  This was there in the news last week.

The key element is “With over $10,000 in invest able assets”.  Very few Americans have this. So very small subset of the population. We’re still very, very early.

About 50%-60% are living pay check to pay check and 125 million don’t care about Bitcoin and that’s what we need to fight.

But in reality, how many Americans have $10,000 in invest able assets?

Progress. Still when you factor in what % of Americans are able to invest and of that, how many have over 10k to invest, it’s painfully low.

Junior high school son’s friend was asking the other day which one to buy “bitcoin or Ethereum? My answer should have been “Study Bitcoin.”

Based on some rough numbers, let’s say that about 72 million people (25% of US population over 18). How many of that have $10k of invest able assets? Once institutional comes in with baby boomer pensions, life insurance companies, etc, the economics should play out. No?

I fail to struggle why you are so blown. Only <5% of the Americans have invest able assets more than $10,000. Yes, that’s how sad the situation is. So, yes, congrats that less than 1.25% Americans are owning Bitcoin in some form. Good start nevertheless. Cheers

I’m unable to believe this stat.  Must include any funds who owns a company who owns Bitcoin Right?

People under $10,000 in invest able assets need Bitcoin too because they are the ones who are disproportionately affected by debasement of currency.

Anyone that owns an S&P 500 indexed fund owns Tesla. Tesla owns Bitcoin. So everyone that owns an S&P 500 indexed fund owns Bitcoin.

The key phrase on this statistic is adults with at least 10k in investments. How many adults in US have 10k or more in investments? So it’s really like 2-3% of all adults?

 

 

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Steven Anderson

Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9

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