A very sneaky quirky way to see where the biggest cryptocurrency players are hiding. It's gauged PER PERSON and when you look at where bitcoin traders/investors might be lurking some "odd" cities pop up. Like.......Jacksonville, Florida? Albuquerque, New Mexico? Charleston, South Carolina? But wait, based on a PER PERSON analysis it makes perfect sense. Obviously Chicago, New York, San Francisco have a lot more crypto players but they are hidden among the massive population of those cities. So, if say 10 people in Casper, Wyoming bought bitcoin they would probably jump to the the U.S.'s biggest crypto hub. Very interesting little list.
(Bill Taylor/Managing Editor)
"...(A) new survey from analysts at Status Money shows that Florida’s largest city is actually a big player in the crypto world, boasting the most cryptocurrency investments per person as of December 2017.
California hubs, such as Sunnyvale, and major metro areas like Manhattan don’t even crack the top five in holdings per person. Instead, it’s smaller towns like Charleston, S.C. and Atlanta suburb Alpharetta that rank high.
Here’s a look at the cities with the most crypto, along with average holdings.
- Jacksonville, Fla. ($31,468)
- Memphis, Tenn. ($15,748)
- Albuquerque, N.M. ($12,479)
- Charleston, S.C. ($9,442)
- Alpharetta, Ga. ($8,382)
- Sunnyvale, Calif. ($8,309)
- Santa Clara, Calif. ($8,012)
- San Mateo, Calif. ($7,323)
- Torrance, Calif. ($7,054)
- Manhattan, N.Y. ($7,044)
Of course, population does skew the numbers a different way when they’re ranked by total crypto volume. Manhattan topped the country in terms of overall percentage of the crypto market in December, holding 6.9% of transactions. Chicago was second at 4.9%...."
Source: Fortune.com