In a recent tweet, Michael Saylor, the founder of MicroStrategy, asserted that “no force on earth can stop Bitcoin when the time has come.” He also shared a screenshot of a graph from the social media marketing and management tool Hootsuite that showed the proportion of internet users worldwide who own cryptocurrency.
No force on earth can stop #Bitcoin when the time has come. pic.twitter.com/ahSqGCK2uw
— Michael Saylor⚡️ (@saylor) December 4, 2022
The information in the graph is based on the results of a global survey of internet users between the ages of 16 and 64 that market research firm GWI did for the second quarter of 2022, specifically for the month of October.
The graph shows that Turkey has the greatest percentage of internet users in the entire region—25.8%—of residents whose currency owns some sort of cryptocurrency. Argentina comes in second place with 25.2% of all internet users.
With 23.7% of its population owning cryptocurrency, the Philippines comes in third on the list, followed by South Africa with 22.4%. 22.1%, 20.2%, and 20.1% of cryptocurrency owners are in Thailand, Indonesia, and Brazil, respectively.
Comparatively, the Netherlands, India, the US, Canada, and the UK each have 18.2%, 17.4%, 15.1%, and 10.1% of cryptocurrency owners, while China and Russia are in last place with 5.2% and 3.6%, respectively.
Additionally, 12.3% of the world’s population owned cryptocurrencies as of October 2022.
Recently, Saylor has been vocally promoting Bitcoin on Twitter. He tweeted “Bitcoin is Hope” on November 3, which caused a lot of debate on the platform.
Additionally, Saylor provided advice on how to purchase Bitcoin during a bear market at the Los Angeles Pacific Bitcoin conference. He said:
If you’re buying [Bitcoin] and you’ve got less than a four-year time horizon, you’re just speculating in it. And once you’ve got more than a four-year time horizon, then the obvious thing is your dollar-cost average.
