How Many Users Are Holding Bitcoin on an Exchange?

There are between 50 to 100 million people holding Bitcoin on an exchange. A lot of people they hold Bitcoin on a exchange they also hold it often exchange in their own wallet some of them hardware wallets. There's less than 10 million hardware wallets that have been sold over like 6 million by ledger 2 million by trezor and then 1 million collectively by the others or something like that so it's under 10 million users.

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Episode notes

Marty sits down with Sam Wouters to discuss Bitcoin's rate of adoption for cross-border payments.

Sam on Twitter: https://twitter.com/SDWouters

Sam's report on River blog: https://blog.river.com/bitcoin-vs-the-156-trillion-global-payments-industry/

0:00 - Intro
2:30 - Finding bitcoin through Runescape
9:22 - New educational resources in Bitcoin
13:27 - Diving into Sam’s report
17:51 - Structure of the report
21:39 - Chapter 1: Cross-border payments industry
31:53 - Comparing Bitcoin and internet adoption
41:37 - Remittance education
48:31 - Getting into charts on remittance volume
56:18 - Chapter 2: Global bitcoin adoption
1:07:58 - Motivation for adoption
1:13:39 - Chapter 3: Cross-border Bitcoin payments
1:23:13 - What makes bitcoin better for remittance
1:26:28 - Lightning services
1:30:26 - Bitcoin for payments
1:33:32 - Google search traffic for Bitcoin
1:39:17 - B2C
1:44:35 - Chapter 4: Growing cross-border Bitcoin payments
1:51:36 - Adoption funnel
1:55:33 - Marty tries to quote himself before wrapping up