More Bitcoin Holders than Gold in America

[Tungbulu]

The world is going digital, that's for sure. But I wouldn't be so certain about moving away from gold.

Sure it's a hustle to deal with physical gold these days, but I see very bright future for tokenised gold, of course that's assuming overall thesis for investing in gold is still there. I personally would do that.

Tokenized gold may actually go as far as solving some of the transfer and storage challenges that we often encounter with the physical gold, but it all still comes down to trusting a custodian or third party to hold the asset. And that’s where the difference between tokenized gold and bitcoin comes in. Because in Bitcoin, you literally don’t need to rely on anyone as total control and ownership is 100% reliant on you.

[aoluain]

I would like to think that most people into Bitcoin would think of it as "the peoples investment"
a way to side step the institutions.

Owning Gold as an investment I'm guessing would be seen as a rich persons game, and
you atill have to pay a commission to buy and sell it.

Yea the majority of people own gold in the form of jewellery @ 9k (37.5%), 14k (58.3%) and 18k (75%)
and of course the odd Gold plated USB cable connection etc. but realistically what percentage owns
.9999% pure Gold coins, bars or bullion compared to Bitcoin?

[legiteum]

Yea the majority of people own gold in the form of jewellery @ 9k (37.5%), 14k (58.3%) and 18k (75%)
and of course the odd Gold plated USB cable connection etc. but realistically what percentage owns
.9999% pure Gold coins, bars or bullion compared to Bitcoin?

Probably a lot more than have actual self-custody Bitcoin  .

[CryptopreneurBrainboss]

I always feel the excitement whenever I see that there is more increase in Bitcoin adoption all over the world and people are showing more desperation to go for bitcoin the any other assets because of the various opportunities found under this decentralized digital network.

Me too, but the real reality right now is that the gold hodlers are veterans (advance investors) than those investing into bitcoin as I believe will have more of retail investors in this bracket. The gold investors are likely going to hold on to their asset irrespective of what happens to the market but can the same be said for Bitcoin investors, I know this industry is still new and every milestone should be celebrated but let us not get carried away by some news that instead of us looking deeper into the reality we celebrate the surface glory. I want more investors to shift towards Bitcoin but they should be long term investors instead of those just looking for short term profit because I believe the gold investors are not looking to cashout in just few years but either retaining the value of their wealth or investing for a long time and that should be the idea of the investors coming into Bitcoin.

[Franctoshi]

This statistical data can be true or not true because if you talk about the modern world, the world of the 21st century, then you talk about Bitcoin, but the people that still run the world today are people born of the gold standard, and gold still remains a very important asset in our world today regardless, for both the old and new generations, because of the things it can be used to produce, things such as jewelry and other stuff made of gold.

Why will we have more people prefer Bitcoin over gold? It's because of complete ownership and Bitcoin as a currency.
The more people realize Bitcoin is an asset as well as a currency, the more adoption will be on increase.

[Antotena]

This statistical data can be true or not true because if you talk about the modern world, the world of the 21st century, then you talk about Bitcoin, but the people that still run the world today are people born of the gold standard, and gold still remains a very important asset in our world today regardless, for both the old and new generations, because of the things it can be used to produce, things such as jewelry and other stuff made of gold.

Why will we have more people prefer Bitcoin over gold? It's because of complete ownership and Bitcoin as a currency.
The more people realize Bitcoin is an asset as well as a currency, the more adoption will be on increase.

What I have noticed is that we have too much lousy people in the Gold industry than in Bitcoin investment, they talk much that's why you might think this is also not possible but it's actually possible. An average American knows how to safeguard their investment, they know how important Bitcoin is and the roles it has played in the last few years, they buy quietly and don't make noise which is the best way to make investments unlike Gold people talk about.

Security wise, its the best approach, if you are not buying the stock, you are going to be buying the bar and store at home which is not safe. You can buy millions worth of Bitcoin and sleep anywhere sage in the world and nobody is going to know you have Bitcoin. If you combine safety and privacy, Bitcoin gives you everything but Gold, I don't think so not to talk about the price increase in the last few years unlike Gold that used decades.

[ZAINmalik75]

I always feel the excitement whenever I see that there is more increase in Bitcoin adoption all over the world and people are showing more desperation to go for bitcoin the any other assets because of the various opportunities found under this decentralized digital network.

Shouldn't it be considered normal for the percentage to change from time to time based on how the markets of both assets doing? Comparing the percentage of people holding Bitcoin versus Gold during times when Bitcoin is relatively low or is within the bear market phase isn't a fair comparison, in my opinion, because it is pretty obvious that the increase in the percentage of investors or holders generally increase during the times when Bitcoin's price is low because they all know what they can get by doing this since we are expecting another bull run in 2028/2029, so they are just smart investors.

I'm pretty sure the percentage for Gold holders will also increase significantly if we see a 50% or more drop in its price in the next couple of months. So generally, I believe this is not anything related to general adoption, like people getting interested in Bitcoin more than Gold or other investment assets, but it's just a tactical decision taken by the masses who are always looking for opportunities to make some profits from any asset they can, and Bitcoin is the asset to go for at the moment.

[uchegod-21]

Apart from this data gotten from America, in other countries, it is most likely that there are more Bitcoin holders than gold holders. The reason behind this is because Bitcoin is more affordable to invest in than gold. Bitcoin can be divided into smaller fractions, allowing investors with different financial capacities to invest in Bitcoin. Apart from that, investors can invest using the DCA approach. So, serious-minded people who want to choose between Bitcoin and gold must have thought about which one they can afford and which is more easily accessible. Except, of course, they do not like the idea behind Bitcoin or the process involved in investing in gold.

I love that people are adopting Bitcoin, but I don't care if gold is doing better. These are two different asset classes that are both very valuable. The constant comparisons won't stop people from investing in either of them.

[BABY SHOES]

Weird graphics. How do they define "ownership"?

Is having a few sats on a CEX account "ownership"?

I found this drawing diagram... I'll show you the source here. https://cdn.prod.website-files.com/6644db90e58a1fbeb1c70ddc/685bdac1a0b3e8bb39ab854a_TNP%20Q3%202025%20Report.pdf

Shows Bitcoin holdings on CEX more than self-custody holdings which is a little, meaning in this research most investors still trust the CEX to store their BTC in their own wallet appeal.

[DiMarxist]

Am not too surprised about this news especially in America, a place where their president said that he wants to make America the Bitcoin hub of the world. America is one place that has come to love Bitcoin because of the trust that they have been able to establish using Bitcoin.
Bitcoin has given people control over their funds because of it decentralized nature, one thing that Fiat currencies doesn't have hence this massive adoption rate that Bitcoin is seeing all over the world not only in America.
With the current state of world economy and the high inflation rate, most people has resorted to Bitcoin help them reduce the harsh inflation which has reduced the purchasing power of currencies. Bitcoin has been seen to act against the effects of inflation most people has resorted to Bitcoin for economic benefits hence the massive boast we are seeing in the rate of Bitcoin in the United States.

[Miles2006]

I must agree with everyone concerning the stats, the stats provided might not be 100% right actually you don’t have to believe stats fully rather just use the stats to know the average and then you’ll get other answers too online probably all this are just mere assumption still not accurate but, it helps knowing the actual population but, a bit skeptical with numbers. Never for once have I seen same stats number rather each data keeps bringing a different one, the data might be wrong yet we know the population rate of bitcoin adopters is more larger compared to Gold.
Gold has been for long still doesn’t guarantee more adoption rate besides bitcoin is more like a modern technology still building gradually so there’s definitely time, many trust bitcoin as a result of fast market growth well it happens to be common in most countries now, whereas investors see bitcoin as a better choice.

[KingsDen]

More Bitcoin Holders than Gold in America

I always feel the excitement whenever I see that there is more increase in Bitcoin adoption all over the world and people are showing more desperation to go for bitcoin the any other assets because of the various opportunities found under this decentralized digital network.

Everything about Bitcoin begins in 2009 and here we are today with massive adoption as the entire world are getting to discover more about bitcoin and gold cannot even stand the gap of the adoption rate people, institutions and corporate bodies are giving Bitcoin, I come across this information which gives the statistics that in America today, it was discover the rate at which their young adults are more in support of Bitcoin as investment asset to own over gold, I'm also confident that this will not only be limited to America alone but in many countries as well, where bitcoin is seen as a legal currency.

I do not tend to believe this data but in the other hand, it is also believable

Reason not to believe:
Gold has been existing for ages, bitcoin is not upto two decades. So, I don't believe bitcoin could just overtake it rapidly.

Reason to believe
Buying bitcoin is less expensive because one can buy in fractions with small amounts.

But the real catch is that people wear gold as watch, necklace, rings etc. Was this taken into account in your data?

[free-bit.co.in]

Reason not to believe:
Gold has been existing for ages, bitcoin is not upto two decades. So, I don't believe bitcoin could just overtake it rapidly.

Gold has existed for a long time, but it's mainly been seen as a store of value or a safe haven during period of crisis. Most people tend to turn to gold when the economy is unstable or when they want to protect their wealth from other risks, rather than investing in it with the expectation of making high return.

Gold has never really been considered an investment with high return potential. In contrast, Bitcoin is a highly speculative asset with the potential to generate much higher returns. So it's not surprising that investors tend to choose Bitcoin over gold.

This data makes sense, imo.

[savetheFORUM]

Am not too surprised about this news especially in America, a place where their president said that he wants to make America the Bitcoin hub of the world. America is one place that has come to love Bitcoin because of the trust that they have been able to establish using Bitcoin.

When are we going to understand and accept the fact that Donald Trump was never an actual supporter of Bitcoin but he did all that only to win the elections because he knew he is going to get more support if he shows support towards Bitcoin and cryptocurrencies? Even the people of America must know this.

Bitcoin has given people control over their funds because of it decentralized nature, one thing that Fiat currencies doesn't have hence this massive adoption rate that Bitcoin is seeing all over the world not only in America.

I'm pretty sure that the percentage of people who are into Bitcoin because of the features it offers or because of it's decentralized nature is very small, it might not even be 10% if I'm not being too unrealistic.

With the current state of world economy and the high inflation rate, most people has resorted to Bitcoin help them reduce the harsh inflation which has reduced the purchasing power of currencies. Bitcoin has been seen to act against the effects of inflation most people has resorted to Bitcoin for economic benefits hence the massive boast we are seeing in the rate of Bitcoin in the United States.

Again, I hardly believe that the reason why more and more people are getting into Bitcoin is because they see benefits, and the benefits I'm referring to here are about monetary or financial benefits that they believe they are going to get once Bitcoin goes up again in the next bull run.

[Iranus]

Am not too surprised about this news especially in America, a place where their president said that he wants to make America the Bitcoin hub of the world. America is one place that has come to love Bitcoin because of the trust that they have been able to establish using Bitcoin.

When are we going to understand and accept the fact that Donald Trump was never an actual supporter of Bitcoin but he did all that only to win the elections because he knew he is going to get more support if he shows support towards Bitcoin and cryptocurrencies? Even the people of America must know this.

Another motive of his is simply profit and more profit. That's why he and his family have created multiple shitcoin and gotten involved in garbage project.

Trump has never truly supported Bitcoin in the real sense. He's just using it to serve his political goals and personal interest.

Bitcoin has given people control over their funds because of it decentralized nature, one thing that Fiat currencies doesn't have hence this massive adoption rate that Bitcoin is seeing all over the world not only in America.

I'm pretty sure that the percentage of people who are into Bitcoin because of the features it offers or because of it's decentralized nature is very small, it might not even be 10% if I'm not being too unrealistic.

With the current state of world economy and the high inflation rate, most people has resorted to Bitcoin help them reduce the harsh inflation which has reduced the purchasing power of currencies. Bitcoin has been seen to act against the effects of inflation most people has resorted to Bitcoin for economic benefits hence the massive boast we are seeing in the rate of Bitcoin in the United States.

Again, I hardly believe that the reason why more and more people are getting into Bitcoin is because they see benefits, and the benefits I'm referring to here are about monetary or financial benefits that they believe they are going to get once Bitcoin goes up again in the next bull run.

It sounds harsh, but that's the truth, and the truth often hurts. Most of us are driven by profit while reason like decentralization and protecting privacy are only secondary.

[SamReomo]

Gold has never really been considered an investment with high return potential. In contrast, Bitcoin is a highly speculative asset with the potential to generate much higher returns. So it's not surprising that investors tend to choose Bitcoin over gold.

Another thing those investors know is that they can keep their Bitcoin in their personal crypto wallets because of its digital nature, however they can't keep physical gold safely and that's why they mostly prefer to go for easy option that's Bitcoin. It's also true that Bitcoin is more volatile than gold and that means the ones who buy and hold Bitcoin will make far more profit than the ones who buy and hold gold. So in all cases Bitcoin is a better choice than gold, but people with traditional mindset will still prefer gold that's their choice.

[laijsica]

I always feel the excitement whenever I see that there is more increase in Bitcoin adoption all over the world and people are showing more desperation to go for bitcoin the any other assets because of the various opportunities found under this decentralized digital network.

Me too, but the real reality right now is that the gold hodlers are veterans (advance investors) than those investing into bitcoin as I believe will have more of retail investors in this bracket. The gold investors are likely going to hold on to their asset irrespective of what happens to the market but can the same be said for Bitcoin investors, I know this industry is still new and every milestone should be celebrated but let us not get carried away by some news that instead of us looking deeper into the reality we celebrate the surface glory. I want more investors to shift towards Bitcoin but they should be long term investors instead of those just looking for short term profit because I believe the gold investors are not looking to cashout in just few years but either retaining the value of their wealth or investing for a long time and that should be the idea of the investors coming into Bitcoin.

Investors who buy gold and hold it are smart investors, but those who buy Bitcoin with their excess funds/discretionary income and hold it regularly are even smarter. A retail investor can buy Bitcoin every week with discretionary income if they want. They cannot buy gold because they do not have the extra funds available. The biggest advantage of Bitcoin investors is that they do not have to be rich. Rather, they continue to accumulate Bitcoin and build blocks of future wealth and with long term efforts they reach the peak. Keeping in line with their financial capabilities and long-term discipline takes them to the next level.

Gold is a traditional and valuable asset that has been in demand in the past and is in demand in the present and will continue to increase in the future. The digital asset Bitcoin is becoming and gradually becoming that same asset. Credibility or supply shortage or widespread global adoption is taking Bitcoin to a unique height.

[SPIDERMAN008]

Gold has never really been considered an investment with high return potential. In contrast, Bitcoin is a highly speculative asset with the potential to generate much higher returns. So it's not surprising that investors tend to choose Bitcoin over gold.

Another thing those investors know is that they can keep their Bitcoin in their personal crypto wallets because of its digital nature, however they can't keep physical gold safely and that's why they mostly prefer to go for easy option that's Bitcoin. It's also true that Bitcoin is more volatile than gold and that means the ones who buy and hold Bitcoin will make far more profit than the ones who buy and hold gold. So in all cases Bitcoin is a better choice than gold, but people with traditional mindset will still prefer gold that's their choice.

In fact, there is a difference in purpose and mentality between Bitcoin holders and gold holders. As a result, some people prefer to hold gold, while some prefer to hold bitcoin. Bitcoin is new and recent compared to gold. And its price has increased a lot, as a result, a large part of the young people think that Bitcoin will be stronger than gold in the future and will become as acceptable as gold to everyone. Therefore, they prefer Bitcoin as investment. And although the supply of gold is limited, it is not fixed, but the supply of bitcoin is fixed, which is also the reason for the popularity of bitcoin. Another very logical reason that many do not consider important, but for those who want to hold a lot of wealth, bitcoin can be a better medium than gold. If you can store the just seed phrase correctly, it is possible to keep a much larger amount safe. Whereas if you want to keep gold, you have to make arrangements to keep it, and there is also the fear of stolen or robbery . On the other hand, if you can keep it in a bank locker, then it also becomes dependent on others. And gold is usually held by those who want to maintain price stability for a long time, and give more importance to acceptability. Where they prefer gold over volatile assets like bitcoin. It seems that people choose gold over bitcoin because of the classical mindset. And it is natural that those who can accept price volatility will accept bitcoin.

[free-bit.co.in]

Gold has never really been considered an investment with high return potential. In contrast, Bitcoin is a highly speculative asset with the potential to generate much higher returns. So it's not surprising that investors tend to choose Bitcoin over gold.

Another thing those investors know is that they can keep their Bitcoin in their personal crypto wallets because of its digital nature, however they can't keep physical gold safely and that's why they mostly prefer to go for easy option that's Bitcoin. It's also true that Bitcoin is more volatile than gold and that means the ones who buy and hold Bitcoin will make far more profit than the ones who buy and hold gold. So in all cases Bitcoin is a better choice than gold, but people with traditional mindset will still prefer gold that's their choice.

No, I think most investor choose Bitcoin for the potential profit, nothing more. That is why most of them waited for Bitcoin ETF to be approved, and many invest through ETF instead of holding it directly in non custodial wallet like we do.

Its all about profit, and they won't hesitate to move into gold if it offers better return. The proof is that when gold hit a new high earlier this year, most of the market's attention and money flowed into gold rather than Bitcoin. If you pay attention, you'll notice that many member of our forum were investing more in gold and silver than in Bitcoin at that time.

[348Judah]

I've come with various contributions and ideas from members over this discussion, you can definitely see that bitcoin shouldn't be pictured only within the American approach, because it is a global currency and the impact could significantly be observed from across the world when it comes to the rate of holders compared to those who are in possession of gold as an asset as well, anyone could easily afford to invest in Bitcoin and hold on let how good is being presented, along other procedures you go through before acquiring such.