{"id":1200,"date":"2025-07-06T16:17:51","date_gmt":"2025-07-06T16:17:51","guid":{"rendered":"https:\/\/eandelmagazine.com\/eandelmagazine\/?p=1200"},"modified":"2025-07-07T04:17:58","modified_gmt":"2025-07-07T04:17:58","slug":"bitcoins-5-problem-why-most-people-still-dont-own-crypto-and-what-that-means-for-its-future","status":"publish","type":"post","link":"https:\/\/eandelmagazine.com\/eandelmagazine\/bitcoins-5-problem-why-most-people-still-dont-own-crypto-and-what-that-means-for-its-future\/","title":{"rendered":"Bitcoin&#8217;s 5% Problem: Why Most People Still Don&#8217;t Own Crypto\u2014And What That Means for Its Future"},"content":{"rendered":"<section class=\"mainContainer yf-lqb5cj\">\n<section class=\"mainContent yf-lqb5cj\">\n<section class=\"main yf-lqb5cj\">\n<article class=\"gridLayout yf-lqb5cj\">\n<div class=\"article yf-l7apfj\">\n<div class=\"article-wrap no-bb\" data-testid=\"article-content-wrapper\">\n<div class=\"cover-wrap yf-1rjrr1\">\n<figure class=\"yf-8xybrv\">\n<div class=\"image-container yf-1gfnohs\">\n<div class=\"image-wrapper yf-1gfnohs\"><img fetchpriority=\"high\" decoding=\"async\" class=\"yf-1gfnohs loaded\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/bq1J8M63I9YRYw5.8Unw2A--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTQyNztjZj13ZWJw\/https:\/\/media.zenfs.com\/en\/benzinga_79\/a84df3329f12e6e5376b7232b76e0ea4\" width=\"640\" height=\"427\" \/><\/div>\n<\/div>\n<\/figure>\n<\/div>\n<div class=\"byline yf-1k5w6kz\">\n<div class=\"byline-share yf-1k5w6kz\">\n<div>\n<div class=\"icon fin-icon inherit-icn sz-large yf-1iuxsdd\" aria-hidden=\"true\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"body-wrap yf-40hgrf\">\n<h2 class=\"type-section-sm-bold yf-gjjls9\">In This Article:<\/h2>\n<div class=\"ticker-list yf-pqeumq\">\n<div>\n<div>\n<div class=\"scroll-carousel yf-r5lvmz\" data-testid=\"carousel-container\">\n<div class=\"carousel-top yf-pqeumq\">\n<div>\n<div class=\"name yf-hwu3c7\"><span class=\"symbol yf-hwu3c7\">BTC-USD<\/span><\/div>\n<p><span class=\"ticker-wrapper yf-hwu3c7 has-follow\"><a class=\"ticker medium hover2 border has-follow streaming extraPadding yf-hwu3c7\" title=\"BTC-USD\" href=\"https:\/\/finance.yahoo.com\/quote\/BTC-USD\/\" data-testid=\"ticker-container\" aria-label=\"BTC-USD\" data-ylk=\"elm:qte;elmt:link;itc:0;sec:ticker-tag-module;slk:BTC-USD\" data-rapid_p=\"4\" data-v9y=\"1\"><span class=\"d60f3b00 c4af00a5\">+0.71%<\/span><\/a><\/span><\/p>\n<div class=\"follow yf-hwu3c7 extraPadding\">\n<div class=\"menuContainer follow-btn yf-1l5q6k1\">\n<div class=\"icon fin-icon secondary-icn sz-medium yf-1iuxsdd\" aria-hidden=\"true\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div class=\"name yf-hwu3c7\"><span class=\"symbol yf-hwu3c7\">WMT<\/span><\/div>\n<p><span class=\"ticker-wrapper yf-hwu3c7 has-follow\"><a class=\"ticker medium hover2 border has-follow streaming extraPadding yf-hwu3c7\" title=\"WMT\" href=\"https:\/\/finance.yahoo.com\/quote\/WMT\/\" data-testid=\"ticker-container\" aria-label=\"WMT\" data-ylk=\"elm:qte;elmt:link;itc:0;sec:ticker-tag-module;slk:WMT\" data-rapid_p=\"6\" data-v9y=\"1\"><span class=\"d60f3b00 c4af00a5\">+0.77%<\/span><\/a><\/span><\/p>\n<div class=\"follow yf-hwu3c7 extraPadding\">\n<div class=\"menuContainer follow-btn yf-1l5q6k1\">\n<div class=\"icon fin-icon secondary-icn sz-medium yf-1iuxsdd\" aria-hidden=\"true\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div class=\"name yf-hwu3c7\"><span class=\"symbol yf-hwu3c7\">ETH-USD<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"ntv-ARTICLE-BODY-TOP-pencil-0\" class=\"native-ad tw-mb-4 ntv-ARTICLE-BODY-TOP-pencil-0 yf-jvh5da trc_related_container tbl-trecs-container trc_spotlight_widget trc_elastic trc_elastic_pencil-a\" data-testid=\"ad-container\" data-ad-mode=\"pencil-a\" data-ad-region=\"main-dynamic\" data-ad-placement=\"taboola-pencil-0\" data-ad-target-type=\"mix\" data-placement-name=\"taboola-pencil-0\">\n<div class=\"trc_rbox_container\">\n<div>\n<div id=\"trc_wrapper_636233263\" class=\"trc_rbox pencil-a trc-content-sponsored\">\n<div id=\"outer_636233263\" class=\"trc_rbox_outer\">\n<div id=\"rbox-t2m\" class=\"trc_rbox_div trc_rbox_border_elm\">\n<div id=\"internal_trc_636233263\">\n<div class=\"videoCube trc_spotlight_item origin-default textItem thumbnail_start videoCube_1_child syndicatedItem trc-first-recommendation trc-spotlight-first-recommendation\" data-item-id=\"~~V1~~8587675131021858339~~tVTH4vE54ijeovLZW1rlsST1rnOIeFljrtwaISWguB5w6cLzOYgYTH58zK8cIqqSdQ_HL8ofboRqIhAfUMqanRIAHgVU1hyoWcFRuaKrKfNQyTtFHF-wd_4MdNmbatlho0dG-lBo_uvm7XzCp_nj_5I5OpGEADfF2oH8ePWQ3zg-jLD3Q7AJKWri2OKU07k2UCIhcigDKLqfXahALYKC6pyzoIxoC417jfc9Cr-vWxigNjeq_SEt8EY1iizLo63j\" data-item-title=\"Register &amp; Receive NGN500,000 Immediately\" data-item-thumb=\"https:\/\/cdn.taboola.com\/libtrc\/static\/thumbnails\/f722972f0be9fab3a6ddfc7eae4159ee.jpg\" data-item-syndicated=\"true\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"body yf-1ir6o1g\">\n<div class=\"atoms-wrapper\">\n<p class=\"yf-1090901\"><i>Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.<\/i><\/p>\n<p class=\"yf-1090901\">A simple question\u00a0<a class=\"link \" href=\"https:\/\/www.reddit.com\/r\/CryptoCurrency\/comments\/1ll3yhp\/if_only_5_of_the_population_owns_btc_what_is_the\/\" target=\"_blank\" rel=\"nofollow noopener\" data-ylk=\"slk:posted;elm:context_link;itc:0;sec:content-canvas\" data-rapid_p=\"10\" data-v9y=\"1\">posted<\/a>\u00a0on Reddit recently sparked one of the most revealing debates about Bitcoin\u2019s future: \u201cIf only 5% of the population owns BTC, what is the use case?\u201d The post, which garnered hundreds of responses, exposed a fundamental tension that\u2019s been brewing in the crypto space for years.<\/p>\n<div class=\"wrapper yf-eondll\" data-testid=\"inarticle-ad\">\n<div id=\"sda-INARTICLE-238c539b-84fb-3ff9-8bb4-278c392d3070-1\" class=\"sdaContainer dv-all sda-INARTICLE-238c539b-84fb-3ff9-8bb4-278c392d3070-1 yf-1m4k8v7 overflow margin visible placeholder\" data-testid=\"ad-container\" data-ad-unit=\"\/22888152279\/us\/yfin\/ros\/mw\/us_yfin_ros_mw_mid_center\" data-ad-size=\"300x250,320x50,300x600,2x2,3x2,fluid\" data-ad-region=\"main-dynamic\" data-ad-loc=\"mid_center\" data-google-query-id=\"CNnwnojPqI4DFT70EQgdev05gw\">\n<div id=\"google_ads_iframe_\/22888152279\/us\/yfin\/ros\/mw\/us_yfin_ros_mw_mid_center_0__container__\"><\/div>\n<\/div>\n<\/div>\n<p class=\"yf-1090901\">The original poster laid out the problem starkly: \u201cSo, if 19 million bitcoin are presently \u2018minted\u2019 and only 4% of the population are holders&#8230; What good is a \u2018currency\u2019 that only 5% of the population owns???\u201d<\/p>\n<p class=\"yf-1090901\">It\u2019s a fair question that cuts to the heart of Bitcoin\u2019s identity crisis\u2014and the answer reveals why Bitcoin might be succeeding precisely because it\u2019s failing as a traditional currency.<\/p>\n<p class=\"yf-1090901\"><strong>Don&#8217;t Miss:<\/strong><\/p>\n<ul class=\"yf-1woyvo2\">\n<li class=\"yf-1woyvo2\">\n<p class=\"yf-1090901\"><strong><a class=\"link \" href=\"https:\/\/www.benzinga.com\/go\/plus500-y2?utm_campaign=partner_feed&amp;utm_source=yahooFinance&amp;utm_medium=partner_feed&amp;utm_content=real_estate&amp;nid=46265551\" target=\"_blank\" rel=\"nofollow noopener\" data-ylk=\"slk:Trade crypto futures on Plus500 with up to $200 in bonuses;elm:context_link;itc:0;sec:content-canvas\" data-rapid_p=\"11\" data-v9y=\"1\">Trade crypto futures on Plus500 with up to $200 in bonuses\u00a0<\/a><\/strong><strong>\u2014 no wallets, just price speculation and free paper trading to practice different strategies.<\/strong><\/p>\n<\/li>\n<li class=\"yf-1woyvo2\">\n<p class=\"yf-1090901\"><strong>Grow your IRA or 401(k) with Crypto \u2013<\/strong><strong>\u00a0<a class=\"link \" href=\"https:\/\/info.irafinancial.com\/lp\/irafi-crypto\/?utm_source=benzinga.com&amp;utm_medium=affiliate&amp;utm_campaign=y2\" target=\"_blank\" rel=\"nofollow noopener\" data-ylk=\"slk:unlock the power of alternative investments including a Crypto IRA within your retirement account;elm:context_link;itc:0;sec:content-canvas\" data-rapid_p=\"12\" data-v9y=\"1\">unlock the power of alternative investments including a Crypto IRA within your retirement account<\/a>.<\/strong><\/p>\n<\/li>\n<\/ul>\n<h2 class=\"header-scroll yf-gn6wdt\">The Great Bitcoin Identity Crisis<\/h2>\n<p class=\"yf-1090901\">The debate immediately split into two camps, each with a fundamentally different vision of what Bitcoin should be.<\/p>\n<p class=\"yf-1090901\"><strong>The \u201cElectronic Cash\u201d Purists<\/strong>\u00a0point to Satoshi Nakamoto\u2019s\u00a0<a class=\"link \" href=\"https:\/\/bitcoin.org\/bitcoin.pdf\" target=\"_blank\" rel=\"nofollow noopener\" data-ylk=\"slk:original white paper;elm:context_link;itc:0;sec:content-canvas\" data-rapid_p=\"13\" data-v9y=\"1\">original white paper<\/a>, titled \u201cBitcoin: A Peer-to-Peer Electronic Cash System.\u201d As one commenter put it: \u201cBitcoin is explicitly designed to function as peer-to-peer electronic cash. That\u2019s literally the title.\u201d<\/p>\n<div class=\"wrapper yf-eondll\" data-testid=\"inarticle-ad\">\n<div id=\"sda-INARTICLE-238c539b-84fb-3ff9-8bb4-278c392d3070-2\" class=\"sdaContainer dv-all sda-INARTICLE-238c539b-84fb-3ff9-8bb4-278c392d3070-2 yf-1m4k8v7 overflow margin visible placeholder\" data-testid=\"ad-container\" data-ad-unit=\"\/22888152279\/us\/yfin\/ros\/mw\/us_yfin_ros_mw_mid_center\" data-ad-size=\"300x250,320x50\" data-ad-region=\"main-dynamic\" data-ad-loc=\"mid_center_2\" data-google-query-id=\"COSy-5nPqI4DFcaH_Qcd84MFQA\">\n<div id=\"google_ads_iframe_\/22888152279\/us\/yfin\/ros\/mw\/us_yfin_ros_mw_mid_center_14__container__\"><\/div>\n<\/div>\n<\/div>\n<p class=\"yf-1090901\"><strong>The \u201cDigital Gold\u201d Advocates<\/strong>\u00a0argue that Bitcoin has evolved beyond its original purpose. \u201cBitcoin is NOT a currency,\u201d\u00a0<a class=\"link \" href=\"https:\/\/www.reddit.com\/r\/CryptoCurrency\/comments\/1ll3yhp\/if_only_5_of_the_population_owns_btc_what_is_the\/\" target=\"_blank\" rel=\"nofollow noopener\" data-ylk=\"slk:wrote;elm:context_link;itc:0;sec:content-canvas\" data-rapid_p=\"14\" data-v9y=\"1\">wrote<\/a>\u00a0one user. \u201cIt is not designed to be used as a payment vehicle&#8230; It is designed to be a safe harbor for your money while your government ruins your fiat.\u201d<\/p>\n<p class=\"yf-1090901\">This isn\u2019t just an academic debate\u2014it reveals a profound shift in how Bitcoin is being positioned and used in the real world.<\/p>\n<h2 class=\"header-scroll yf-gn6wdt\">The Gold Standard Comparison<\/h2>\n<p class=\"yf-1090901\">The most compelling counterargument to the \u201c5% problem\u201d comes from an unexpected source: precious metals.<\/p>\n<p class=\"yf-1090901\">\u201cWhat percentage of the population owns gold?\u201d multiple commenters asked. The comparison is illuminating. Gold isn\u2019t widely used for daily transactions, yet it maintains value as a store of wealth. Similarly, Bitcoin supporters argue that widespread ownership isn\u2019t necessary for utility.<\/p>\n<p class=\"yf-1090901\">\u201cI don\u2019t own gold so that I can take it to Walmart to buy a TV,\u201d one user\u00a0<a class=\"link \" href=\"https:\/\/www.reddit.com\/r\/CryptoCurrency\/comments\/1ll3yhp\/if_only_5_of_the_population_owns_btc_what_is_the\/\" target=\"_blank\" rel=\"nofollow noopener\" data-ylk=\"slk:explained;elm:context_link;itc:0;sec:content-canvas\" data-rapid_p=\"15\" data-v9y=\"1\">explained<\/a>. \u201cI own gold because its supply cannot be inflated like fiat currency, therefore its value will increase.\u201d<\/p>\n<\/div>\n<div class=\"readmore yf-103i3cu\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/section>\n<\/section>\n<\/section>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In This Article: BTC-USD +0.71% WMT +0.77% ETH-USD Benzinga and Yahoo Finance LLC may earn&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1236,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_theme","format":"standard","meta":{"footnotes":""},"categories":[5,18,7],"tags":[],"class_list":["post-1200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-finance","category-international"],"featured_image_urls":{"full":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/07\/BITCOIN-PRICE-1.jpg",1000,646,false],"thumbnail":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/07\/BITCOIN-PRICE-1-150x150.jpg",150,150,true],"medium":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/07\/BITCOIN-PRICE-1-300x194.jpg",300,194,true],"medium_large":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/07\/BITCOIN-PRICE-1-768x496.jpg",640,413,true],"large":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/07\/BITCOIN-PRICE-1.jpg",640,413,false],"1536x1536":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/07\/BITCOIN-PRICE-1.jpg",1000,646,false],"2048x2048":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/07\/BITCOIN-PRICE-1.jpg",1000,646,false],"wpucv-grid-three":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/07\/BITCOIN-PRICE-1.jpg",360,233,false],"wpucv-grid-two":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/07\/BITCOIN-PRICE-1.jpg",600,388,false],"wpucv-grid-one":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/07\/BITCOIN-PRICE-1.jpg",800,517,false],"wpucv-classic":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/07\/BITCOIN-PRICE-1.jpg",263,170,false],"wpucv-classic-small":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/07\/BITCOIN-PRICE-1.jpg",150,97,false],"wpucv-galary":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/07\/BITCOIN-PRICE-1.jpg",400,258,false],"covernews-slider-full":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/07\/BITCOIN-PRICE-1.jpg",1000,646,false],"covernews-slider-center":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/07\/BITCOIN-PRICE-1-800x500.jpg",800,500,true],"covernews-featured":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/07\/BITCOIN-PRICE-1.jpg",1000,646,false],"covernews-medium":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/07\/BITCOIN-PRICE-1-540x340.jpg",540,340,true],"covernews-medium-square":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/07\/BITCOIN-PRICE-1-400x250.jpg",400,250,true]},"author_info":{"info":["vicrollion"]},"category_info":"<a 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