Since its creation just over a decade ago, Bitcoin’s price has risen far and fast, becoming one of the best-performing assets in recent years. That’s naturally led to curiosity among owners of the cryptocurrency: how much Bitcoin do you need to have stashed away to be considered a substantial holder? Do you have to be a Bitcoin millionaire ?
One yardstick by which this can be measured is the “1% Club”; that is, someone in the top 1% of Bitcoin holders worldwide. Of course, pinning down exactly what that means can be a challenge. Figures cited range from as low as 0.28 Bitcoin to 15 Bitcoin.
In February 2020, Jake Levison, then an analyst for Blockworks Group, tweeted that, “If you own 0.28 BTC, you’re statistically guaranteed to be in the richest 1% of the world in BTC terms.”
If you own 0.28 BTC, you're statistically guaranteed to be in the richest 1% of the world in BTC terms.
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