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@TFTC recently (in the last couple days) released a video: a pie chart showing the ownership type of bitcoin across types of owners over time.
kinda surprising to see that Individuals still hold the majority. And how many institutions are into the corn?
I'm guessing... but, certainly fewer institutions are buying corn than there are users of Stacker News, right?
it's really instructive about the "then they fight you" stage...
I watched that and it's interesting, but I wonder how reliable the information is. It's not like you check a box to identify what kind of entity you are when you receive bitcoin.
you're def right about the box-checking, and I still think there are more users of SN than there are institutional buyers
maybe not for much longer tho.
Last time I checked... I was under the impression that ~70% of Bitcoin was privately owned. But then again this was pre-ETF so ha
I don't mean that large.
Most (90%) of my zaps are under 10 cents. Over 100$ is rare for me
My guess is that lightning will handle pretty much everything under 1M sats, which is basically all ordinary transactions.
Biggest Lightning transaction I ever made was like... 3 million sats. It took maybe 30 seconds to process but went through.
It was instant with a bunch of hops. The only downside was that at .5% in fees it costs more than just doing on-chain
On-chain would have been a flat fee... of like 25 cents. Lightning was instant and more private but some %?
Most of us don't make many unusually large transactions, but if home sales start being settled in bitcoin, that would provide a lot of on-chain transactions.