The following is an excerpt from a recent issue of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to get these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

Retail holds 14% of supply

One of the most common Fear, Uncertainty, and Doubt (FUD) criticisms of Bitcoin is that the majority of the supply is heavily concentrated in the hands of a few. As with any financial system or asset class in existence today, this type of allocation is true, but in the case of Bitcoin it is almost always an exaggeration.

Bitcoin’s share of supply held by esteemed retailers is taking a larger share of the network every year. It’s one of the few assets in the world that anyone with an internet connection and a smartphone can get, and has an incredibly low level of adoption by the common man.

What's your reaction?
Happy0
Lol0
Wow0
Wtf0
Sad0
Angry0
Rip0
Leave a Comment