https://ift.tt/3qxjqzF don’t believe this stat: “22% of Americans own bitcoin”

I don’t believe this stat: “22% of Americans own bitcoin”

https://ift.tt/3FUEQMy


“The numbers of Americans interested in these investments seem to be on the rise, however. In 2020, some data found that just 6% of Americans use or own crypto. Yet 2021 data from the New York Digital Investment Group shows that about 46 million people nationwide (roughly 22% of the U.S. adult population) own a share of Bitcoin.”

What? How? Most people can even form 3 articulate sentences about how bitcoin works or how to buy it. I’m struggling to understand where they pulled these numbers from unless they are just estimated it based on wallet creation, which is totally unreliable.

1 in 4 US adults own bitcoin? I really doubt that.

Also, this article claims the same thing:

https://cointelegraph.com/news/a-third-of-americans-to-buy-bitcoin-by-end-of-2022-says-ric-edelman

In an interview on CNBC program ETF Edge on Monday, Edelman said:

“We’re already at a quarter of that number with 24% of Americans owning Bitcoin. It won’t be that much of a stretch for it to get to one-third. Bitcoin is becoming more and more mainstream. People are hearing about it everywhere — it isn’t going away.”

What are they talking about? 😂

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