Once Bitten! A Bitcoin Podcast. cover image

@edstromandrew - @Croesus_BTC - FTX, Ikagi, Stop Trading #bitcoin And Getting 'That Phone Call' As A Money Manager #297

Once Bitten! A Bitcoin Podcast.

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The Large Majority of Bitcoins Aren't Mined

Of the 21 million coins, some it's believed that something like 17 million, depending on how many have been lost, are not with counterparties. The large majority of bitcoins are not on exchanges, which means they're in the hands of groups or individuals. Ask yourself: Why are the majority of Bitcoins apparently self-custered? There's a reason for that and it's worth learning more about.

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