As of June 10, 2023, the median net worth of a household in the United States is $121,700. This means that half of all households in the US have a net worth of less than $121,700, and half have a net worth of more than $121,700.
The top 1% of households in the United States have a net worth of more than $11.1 million. This means that they own more wealth than 99% of other households in the US.
If you owned 0.28 BTC, your net worth would be approximately $10,000. This means that you would be in the top 10% of households in the US for total net worth.
However, if you wanted to be in the top 1% of households in the US for total Bitcoin net worth, you would need to own at least 28 BTC. This would be worth approximately $1.1 million.
Of course, the price of Bitcoin can fluctuate wildly, so this number is not set in stone. If the price of Bitcoin were to rise significantly, the amount of Bitcoin needed to be in the top 1% would also increase.
But even if the price of Bitcoin were to stay the same, owning 28 BTC would still be a significant amount of wealth. This is more than the median net worth of a household in the US, and it would put you in the top 1% of households for total net worth.
If you’re considering investing in Bitcoin, it’s important to do your research and understand the risks involved. Bitcoin is a volatile asset, and you could lose money if you invest. But if you’re willing to take on the risk, Bitcoin could be a way to achieve financial freedom.
Here are some additional things to keep in mind when considering investing in Bitcoin:
- Bitcoin is a volatile asset, so its price can fluctuate wildly.
- Bitcoin is a decentralized asset, so it is not subject to government regulation
The Bitcoin Rich List
The Bitcoin Rich List is a list of the top Bitcoin addresses by balance. It is maintained by a number of websites, including 99Bitcoins and BitInfoCharts. The list is updated regularly, and it can be a helpful tool for tracking the distribution of Bitcoin wealth.
As of June 10, 2023, the top Bitcoin address on the list holds 168,791 BTC. This is worth approximately $6.8 billion. The top 100 addresses on the list hold a total of 2.4 million BTC, which is worth approximately $100 billion.
The Bitcoin Rich List is a fascinating look at the distribution of Bitcoin wealth. It shows that a small number of people hold a large percentage of all Bitcoin. However, it is also important to note that the Bitcoin network is designed to be decentralized. This means that anyone can own Bitcoin, regardless of their wealth or social status.
The Bitcoin Rich List is a valuable resource for anyone who is interested in Bitcoin. It can help you track the performance of the Bitcoin market and learn more about the distribution of Bitcoin wealth.
Here are some of the top addresses on the Bitcoin Rich List as of June 10, 2023:
- 168,791 BTC: This address is controlled by an unknown entity.
- 144,467 BTC: This address is controlled by the exchange Binance.
- 107,203 BTC: This address is controlled by the exchange Huobi.
- 98,042 BTC: This address is controlled by the exchange Kraken.
- 97,848 BTC: This address is controlled by the exchange Bitfinex.
It is important to note that the Bitcoin Rich List is not a complete list of all Bitcoin addresses. There are many addresses that are not publicly known, and some addresses may be controlled by multiple people.
In Conclusion
You are still early! Being one of the top Bitocin holders only takes .28 Bitcoin! As adoption grows you can imagine this number becoming a more and more difficult challenge to hit.
Please read our disclaimer here regarding investment advice and risk. Disclaimer: This should not be construed as or relied upon in any manner as investment, legal, tax, or other advice. Please consult an appropriate tax or financial professional to understand your personal tax and financial circumstances. I may get compensated by some platforms mentioned below (because of referral links). Do your own research.