This article is about how many people are there in the world. If you are curious about the global population and the crypto market, you might have wondered how many people are there in the world and how many of them are in crypto.
How Many People are there in the World?
According to the World Population Clock, as of September 13. 2023. there are about 8.1 billion people living on Earth. This number is based on the projections of the United Nations, which take into account the birth and death rates, migration patterns, and other demographic factors. The world population is expected to reach 8.5 billion by 2030 and 9.7 billion by 2050.
How Many of them are in Crypto?
Estimating the exact number of cryptocurrency users or holders is challenging, but we can use various indicators to approximate this figure.
1. Active Addresses: Active addresses on different blockchains can be a proxy for the number of users. As of September 13. 2023. there are approximately 1.2 billion active addresses across various blockchains, including Bitcoin and Ethereum. However, this metric has limitations, as one user can have multiple addresses.
2. Platform Accounts/Wallets: Many crypto-related platforms, such as exchanges, require users to create accounts or wallets. As of the same date, there are around 500 million such accounts or wallets on various platforms. This metric also has limitations, as some users have multiple accounts.
To arrive at a more realistic estimate, we can consider an average of these two indicators and apply an adjustment factor to account for overlaps and gaps. Using a simplifying factor of 0.5 (assuming that half of the active addresses and accounts/wallets are unique users), we estimate that there are approximately 425 million people in the crypto space as of September 13. 2023. This represents roughly 5.2% of the global population.
While this estimate provides a general idea of the crypto community's size, it's important to note that the actual number of crypto users is subject to change due to various factors and trends. Nonetheless, crypto adoption continues to grow, indicating a significant and expanding user base in the space.
Bottom Line
In this article, we have discussed how many people are there in the world. To conclude, we have seen that there are about 8.1 billion people in the world and about 425 million people in crypto as of September 13. 2023.
