Whole coin addresses is a bad measure for general adoption. Fight me
Discussion
I see how this stat could be completely misleading.
Right? I see it more as a measure for current institutional buying of anything. Anyone else DCAs and doesn’t reuse addresses.
Or has multiple wallets to prevent total loss of funds.
True. Especially Bitcoin only people (so the reliable and therefor price-wise long term relevant ones) do usually not have only one wallet. At least that’s my experience so far
Thank you for mentioning this. I agree it seems like this metric assumes or perhaps encourages/suggests it’s fine for people to reuse addresses.
It’s also confusing to people on the noobish-er end of the spectrum who might think xpubs are public, especially if they don’t know what an xpub is.
Good addition. From a noob perspective this is even worse a metric as it’s totally confusing in terms of privacy, addresses, xpub etc
