Best practices is never re-use addresses. As a result most people who hold bitcoin have many addresses in use. So you cannot count the addresses in the UTXO set and assume that each address represents one person. It's far less than that.
Best practices is never re-use addresses. As a result most people who hold bitcoin have many addresses in use. So you cannot count the addresses in the UTXO set and assume that each address represents one person. It's far less than that.
Yes, that's correct.
It didn't occur to me. Thank you for clarifying.