20K Addresses Hold $1 of Bitcoin and More, Use In Micropayments Far From Reality

Despite recent weakness, Bitcoin is trending higher. Encouragingly, there are predictions that this could Bull Run could push it to the $100,000 mark. The excitement over its value aside, crypto users on Reddit are taking on a rather unpleasant facet of the digital asset.

As posted on Reddit, there are now 20,000,000+ addresses holding $1 or more of Bitcoin. The wallets holding the $1 are considered dead because it costs more to move the cash in terms of fees. If Bitcoin micropayments were affordable though, there would be fewer accounts holding money that could be used for retail purchases.

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