Our latest analysis (as at the end of 2024) shows clear trends in $BTC (+0 %)-usage: around 65% of all $BTC (+0 %)-owners come from emerging markets - that equates to around 300 million people. The penetration rate is particularly high in India (approx. 160 million), followed by Indonesia, Brazil and Nigeria.
In terms of population, however, another country is in the lead: in the United Arab Emirates, around 19% of people own a car. #bitcoinin Vietnam and 12% in Turkey. A clear pattern is becoming apparent: where currencies are weak and monetary policy enjoys little confidence, the importance of $BTC (+0 %) gains in importance.
Overall, the number of $BTC (+0 %)-users rose sharply between 2022 and 2024 - to around 467 million worldwide. Usage also increased significantly in the US (from 21 million to 35 million), bringing additional capital into the market, for example via ETFs.
The demand for $BTC (+0 %) continues to grow worldwide. However, it remains to be seen whether this will be reflected in the price in the long term.
