TL;DR
Due to the latest leap in Bitcoin’s value, there are actually over 8 million particular person Bitcoin wallets holding $1k USD or extra of Bitcoin (a brand new file!).
The extra buying energy one thing may give to a bigger variety of individuals, the higher it’s for the world.
And proper now, there are 8M individuals with a buying energy of $1k value of Bitcoin at their disposal – buying energy that they did not have a month in the past.
Full Story
This seems like an arbitrary statistic…but it surely is likely to be value getting enthusiastic about:
Due to the latest leap in Bitcoin’s value, there are actually over 8 million particular person Bitcoin wallets holding $1k USD or extra of Bitcoin (a brand new file!).
…okay, that is cool and all, however what does it even point out?
In its plainest/purist sense, this information helps the concept:
The extra buying energy one thing may give to a bigger variety of individuals, the higher it’s for the world.
E.g. If an organization can develop (gaining an increasing number of workers alongside the way in which), it’s going to distribute extra buying energy to extra individuals because it expands.
(Extra buying energy, for extra people = extra monetary freedom/private autonomy, for extra individuals).
Lengthy story longer: ‘more cash in everyones pockets’ is a message that speaks to simply about all people.
And proper now, there are 8M individuals with a buying energy of $1k value of Bitcoin at their disposal – buying energy that they did not have a month in the past.
It ain’t precisely entrance web page information – but it surely’s a milestone value celebrating!
As a result of the extra wealth Bitcoin can deliver to a broader variety of individuals, the better its influence might be on the world.
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