how many bitcoin is left ordinary people's hand?

[pixie85]

Ordinary people meaning not corporations?

It's a very strange indicator because at what point a normal person turns from being an ordinary investor into a whale. At which point does a company turn into an institutional investor?

In the first situation you have a rich guy who buys 100 bitcoins. Is he a whale investor? What if he has 500? Is he a whale or an ordinary investor?

In the second you have a company that pays wages in bitcoin. They own 500 btc but most of it is exchanged in the end of the month or paid out. Is the coins in the hands of an institution or its employees by your standard?

[In the silence]

maybe I thought the company's ownership could be bigger in bitcoin, but that's actually not accurate. I try to interpret if it is possible that the ownership of the company or the pope is one entity but only different names. So in fact, it is difficult for us to trace the bitcoin owned by anyone until now, we can only check through transaction history

Yes, transaction history is the mere fact that we can use as proof that a certain person or company owns a cryptocurrency, Hence, it's not really accurate that a certain company would have more ownership than other pro-crypto traders. It's still pseudoanonymous for those bitcoin wallets who we all known as whales that holds the biggest amounts of bitcoins whether they're part of a company or not.

[Shasha80]

I don't know whether the data source in the opening post is accurate or not, but I believe that there are very few Bitcoin in ordinary people hand.
And this is what can lead to price manipulation by whales or companies that have large amounts of Bitcoin. I don't know whether to worry or not
to see the current Bitcoin circulation, but if whales and companies are not investing in Bitcoin. So the increase in the price of Bitcoin cannot be
as high as it is today. Therefore, while there is still Bitcoin that can be mined, better start collecting Bitcoin from now as much as possible.
Because in the future it is certain that the number of whales and companies that buy Bitcoin will increase too.

[amishmanish]

I have been concerned about this too but after some debate, does it really matter how much is with the people and how much is with the institutions? All that matters is that people know about it and can access it. Institutions are entities in themselves. They are investing as well as partaking in the belief and risks of the technology. Same for the individual although on a lower scale.

These statistics on distribution are essentially futile because Bitcoin is not a PoS system. That is why only a PoW network like Bitcoin can be money. If you try to hoard it, you pay for it. PoS systems would be a nightmare if it really were to capture this much value.

[coolcoinz]

I own what we could call a "dead" wallet". Lat time I checked there were 6 BTC there dating back to 2014. Am I one of those who in statistics show as people who lost access to their wallets?
We've had hundreds of this threads where people were trying to estimate how many coins are lost and how many coins are owned by companies. It's impossible.