Many people wonder who the users of Bitcoin are and where the currency has gained the most attention. The typical demographics of Bitcoin users can now be analyzed, thanks to bitcoinx.io, which has been acquired by bitcoin.com. The stats are showing results for the last 90 days and enables people to understand what groups are the most into Bitcoin and their market.
Bitcoinx.io sees a large dose of web traffic , so their statistics can be actually a picture of the typical user of the most popular cryptocurrency on Earth, although one has to keep in mind these are just statistics from the period of 90 days and not a proper, professionaly prepared research report. These statistics can also be considered relatable, as bitcoinx.io is a website dedicated to bitcoins only. Bitcoinx.io is unfocused on users of other digital currencies or people who are focused on fiat but may have a slight interest in the bitcoin community and market, or blockchain technology, which could have an impact on the statistics and change the demographics, consequently not showing the real picture.
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According to the stats, almost 40% of Bitcoiners are European and nearly 87% of them are male, while 38.2% of all Bitcoin users are aged 25 to 34. The community has been criticized for not being more diverse and being dominated by men, lacking a strong female presence. Last year, one of Mother Jones’ writers discussed how the community “is dominated by men geeking out about the blockchain”. These statistics show, however, that women are a part of the community, even though there might not be so many of them. Hopefully, with cryptocurrencies becoming more and more popular and people wanting to give them a try, more women will decide to look into digital money and become a bigger part of the community.
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