Recently, a comprehensive cyrpto currency study was conducted by the university of cambridge.Although,it has revealed various aspects of bitcoin such as total number of wallets used,number of unique users of crypto currency wallets,but finally they have said that it is impossible to know precisely how many people use crypto currency.What do you think? Can we atleast get an approximate number of total Bitcoin users world wide?
This is true that to calculate the accurately that how many unique users are using bitcoin wallet and altcoin or other same type coins , is about impossible.
But here if the blockchain can give Thier data that how many wallets are created and Currently live to use by the users then surely we can make direct approximation that how many numbers of the people are involved in this .
And in case of altcoin it is really simple to calculate but it is mendetory that the altcoin owner tell us that how many users are using Thier coin and then making average of the user we can determine how many people are involved.