The average person likely doesn’t have any bitcoins.
Of those who do, most probably only have a small amount.
A 2018 survey by Blockchain Capital found that only 8% of Americans own any bitcoins. Of those, 34% own less than $1,000 worth and another 30% own between $1,000 and $10,000 worth.
Just 3% of respondents said they own more than $10,000 worth of the cryptocurrency.
Those figures are likely to be even lower for the rest of the world.
The reason most people don’t own any bitcoins is because it’s still not very easy to buy them. You can’t just go to your local bank and exchange dollars for bitcoins.
You have to buy them through a cryptocurrency exchange or broker, which can be tricky for first-time buyers.
And even if you do go through all the hassle of buying some bitcoins, there’s no guarantee their value will go up. In fact, it could just as easily go down.
Bitcoins are notoriously volatile, so it’s not surprising that many people are hesitant to invest in them.
So unless you’re willing to take on a fair bit of risk, it’s probably best to steer clear of bitcoins for now.