@TheGuy
edited
more from that month
Some Interesting Facts To Know About Crypto Crypto is a very interesting topic to discuss, it's not that complicated to understand. Every technology has a great deal of positive as well as negative use cases and so Crypto also has. But today we will be seeing some interesting facts about Crypto which I'm sure most of you didn't know. **Which country has the most Cryptocurrency holders?** *I was personally shocked to see this but surprisingly India with more than 100 million crypto holders stands first in the list which is around 8-10% of its population, can you imagine what happens if the 50% of its population adopts Crypto that would create a flood in the Crypto market. But I think it's mostly around 50 million. Tracking Crypto data is the hardest thing to do because of DEXs and untraceable wallets. So I think the data is wrong here.* But based on the government reactions and no support bills along with taxation, this percentage won't increase till the government changes the Crypto bill there. *Followed by USA, RUSSIA, NIGERIA and BRAZIL.* **The Country with the most female Crypto traders or holders?** *Guess, it's Nigeria. More than 50% of the female population there, does business in Crypto means they are involved in it.* **Who Has The most Bitcoin?** With a total maximum supply of 21 million. Microstrategy holds more than 105k of Bitcoin, that's just too much money lol. And You would be surprised to know that more than 100k- 1000k BTC are held by unknown address mean some are holding it already in DEXs or other wallets. Due to unknown wallets one can't say who has the most BTC. **Bonus Facts:-** *The most huge amount of donations are done through Cryptocurrencies example recently* ***Ukraine*** *got huge funds in Crypto, recently which is used to buy war equipment and* ***India*** *was also donated a huge amount by* ***Vitalik Buterin*** *co-founder of ETH supposed to be approximately 1.5Billion dollars through Shib and ETH. But both of these countries showed a hostile approach towards Crypto and aren't welcoming it on good terms.* *The scam as well as Millionaire rate is also huge here, the problem is the high amount which scammers took here, so beware of Shitcoins and new projects.* **The Coin With The Fastest And Lowest Transaction Fees?** *Do I have to tell you the answer? I hope not, it's Bitcoin Cash aka BCH. That one coin which is changing and supporting the lives of common people. Also attracting and creating lots of Crypto enthusiasts and positivity.*
**The best suited Cryptocurrencies to use as a currency?** *Do I have to tell you again? And no, I'm not a BCH maximalist, what I see and think I am speaking and the facts proving it are already discussed by some well-known experts here. It's* ***Bitcoin Cash****. This coin is the best candidate in Crypto family to be used as a mode of payment but due to the propaganda and politics of Crypto, we aren't able to attract heavy investors as well as people here. But I see now people are understanding and pointing to the use-case of cryptos first before investing and with time everyone will realise which one is the Hidden Gem.* Final Thoughts **Note:-** ***I don't hold these data. These data are mostly taken from*** ***TripleA*** ***research, a leading crypto statistics data provider and some information is from my knowledge.*** https://triple-a.io/crypto-ownership/ *You can see the amount of people adopting Crypto has been increasing at rapid growth. But seeing the 100million holder of Crypto mark in India don't get fooled as more than 60% of the holders here don't know the ABC of Crypto and Blockchain. People adopted Crypto to the hype and promotion of Bull Run through YT videos and news. Even many of them still don't know and understand how it works. One of my friends sent Shib to ETH address, it was not a mistake. He didn't know that Shib was a token based on the Ethereum chain, not ETH itself and there's a different address for Shib Token. And so we have the most loss ratio here as half of them haven't done their research. Following Youtube advice is never a good choice especially when money is involved.* *So any more interesting facts which you know about Cryptocurrencies!* C'mon, share it with us.
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27 comments
Wow congratulations to India and Nigeria for having such honors. And well done to Nigerian women, they should be praised. Wherever there is talk of good and honorable deeds in the field of crypto, the name Bitcoin Cash is mentioned. 👌
Nigerian women are intelligent at least they ate developing themselves with time No doubt BCH is a leading currency and will be preferred over any other currency
I also shocked to now india has more Crypto holders because A few days ago I was also wondering which country has the most corrupt currency and I thought maybe have the Philippines. Lol
I have the same assumption based on seeing their activity here.
I was not very surprised that India ranked first, as it has a large population and a large number of them are interested in Crypto
I knew the India would have a higher population of citizens adopting crypto. Probably due to the austere measures China had taken against cryptocurency recently. As for Nigeria being the country with the highest number of females using cryptocurency, well..... 🤗
Hihi, that was very surprising to me.
My country Nigeria is in the stats. Haha. Impressive
Both in Women and crypto holders section. That's a big feat to achieve.
India is rich in crypto. That's impressive! I wish my country will be as enthusiastic about crypto as well.
I guess Indian citizens hold a small value in cryptocurrencies. So, they are not rich with cryptos.
No bro, most people are Doge or Memecoin holder, people here are poor or below average due to overpopulation and lack of jobs opportunities and buisness support is very bad here. So people are starting with small amounts to get some extra income.
Interesting, this is quite educative. I guess more females need to come into the cryptoverse.
"Sana all" to the one who's hodling the most Bitcoin. Owning even 1 of that is already enough for me 🤧
Nigerian ladies rocks! Wow! I love how diverse crypto all over the world. Great information you got here.
But which country's citizens hold the highest value of cryptocurrencies?
Because of uncertainty and inability of tracking DEXs wallet especially BTC holders, I guess we will never know about it.
How does then the number of crypto holders in India figure out?
It's just an estimation by the research organisation which I mentioned, I think based on WazirX numbers they estimated it as every people use lots of exchanges, and I think they estimated like that and Nischal (WazirX CEO) a few months ago said that the highest according to him is 15-20 million. And I think these orgs either are trying to create unnecessary hype or they are somewhat true can't say as Crypto is hard to track. I personally think it's just around 50 million. Thanks for the correction,I do think this number is very wrong.
Thanks for the detailed information.
I love this post, especially that women in Nigeria are the ones who own and trade cryptocurrencies, a sign that women are very good with cryptocurrencies. Here in Venezuela they are also used many cryptocurrencies, the problem is that not everyone is aware of what they are and how they work
Venezuela lies in third place based on percentage per population of Crypto holders. I think the population is the barrier as it's name isn't shown which is actually good. Overpopulation is troublesome to deal with.
Wow. It nice to see that females are more involved in cryptocurrency in Nigeria. It's a great one indeed
So proud to know that there are female Nigerians who are active and participating this crypto traders.
Women Crypto domination in Nigeria, haha!
Cryptocurrencies are unique in number of ways like their payment system and security is top level
No doubt it could be true that India has largest number of people holding crypto given the country's population and lately the knowledge people are having about cryptos.