What’s your evidence? We have two separate measures, one higher than River’s and one lower. But this is in line with a lot of surveys actually. You “just know”? Fits also with etf, exchange numbers, hardware wallet sales and wallet downloads… (trust wallet alone has 200 million downloads) but you just know.
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If having $10 on a custodial platform qualifies then yeah that’s probably correct
Go to your local grocery store, work(non Bitcoin company), mechanic, HVAC company, bank. Ask them if the have heard of Bitcoin. Roughly 90% will have heard about it. Maybe 20% will have an idea of what it actually is. 10% may own it.
Addresses are not people. I have hundreds of addresses, most not linked and KYC free. So how many people am I?
There are about 260 million adults in the US. There is exactly zero chance 25% of US adults own Bitcoin. Not even 25% own 'crypto', nevermind Bitcoin.
Even counting a husband and wife as community property you don't get there.
It's a fucking pipe dream to think 25% of Americans own Bitcoin.
Absurd.
I'm sure millions of American's have a few hundred tjousand sats, but less than 22,000 people understand bitcoin better than gold. I run two nodes, and I'm sure I'm not the only person running more than one.
Conclusion: Very few people understand #bitcoin better than gold.


Super easy: the bitcoin UTXO set. Unspent Transaction Output set is roughly 150 million entries. Wallets tend to have many unspent transaction outputs, so there’s at most 15 million bitcoin holders assuming a modest 10 UTXO’s per person.
CAN CONFIRM YOU'RE NOT ALONE IN RUNNING MULTIPLE NODES