---
title: 'Applications of Cryptocurrencies'
source: 'https://youtube.com/watch?v=dj0nhuMwkvU'
video_id: 'dj0nhuMwkvU'
date: 2026-08-04
duration_sec: 123
---

# Applications of Cryptocurrencies

> Source: [Applications of Cryptocurrencies](https://youtube.com/watch?v=dj0nhuMwkvU)

## Summary

The video provides an overview of cryptocurrency adoption and usage, highlighting major holders and practical applications. It notes that 5-7% of the world's population uses cryptocurrencies, with significant holdings by entities like Satoshi Nakamoto, Coinbase, BlackRock, and others. The video also explores five key areas of cryptocurrency application: fast transactions, Web3, investment, decentralized finance (DeFi), and NFTs, projecting that 20-50% of the global population could use cryptocurrencies by 2040.

### Key Points

- **Global Cryptocurrency Adoption** [00:01] — About 5-7% of the world's population uses cryptocurrencies in some form.
- **Satoshi Nakamoto's Holdings** [00:14] — Satoshi Nakamoto holds approximately 1,100,000 bitcoins, making it the largest frozen asset on the network.
- **Exchange and Institutional Holdings** [00:26] — Coinbase holds ~870,000 bitcoins, BlackRock controls ~800,000, Strategy holds over 400,000, and Binance holds over 240,000 in cold wallets.
- **Government Holdings** [00:50] — The largest countries holding Bitcoin include the United States, China, the United Kingdom, Bhutan, and El Salvador.
- **Fast Transactions** [01:02] — Cryptocurrency enables fast transactions without banks and unnecessary fees, adopted by companies like Tesla, Microsoft, and Shopify.
- **Web3 and DeFi** [01:16] — Cryptocurrency powers Web3 and decentralized finance (DeFi), enabling borrowing, staking, and liquidity farming via smart contracts.
- **NFTs and Digital Assets** [01:31] — Cryptocurrency is used for NFTs and digital assets, confirming uniqueness and enabling payments in metaverses.
- **Future Projections** [01:46] — If growth continues, 20-50% of the world's population could use cryptocurrencies by 2040.

### Conclusion

Cryptocurrency has significant growth potential and is approaching the popularity of traditional money, but clear regulatory rules are needed.

## Transcript

continue to develop at a rapid pace.  Today, about 5-7% of the world's population uses cryptocurrencies in one way or another .  Moreover, a significant portion of them are one of the most famous large holders of Bitcoin is considered to be Satoshi
Nakamoto.  There are approximately 1,100,000 coins stored in his wallets .  According to been moved, making them the largest frozen asset on the network. Coinbase, one of the most well-known exchange holders.  They have
approximately 870,000 bitcoins stored in their wallets. Black Rock is the largest investment company, controlling almost 800,000 bitcoins through its products.  Strategy, strategic asset and holds over 400,000 coins.  The company states that
transfer them to new wallets from time to time .  And also the Bhaance exchange, which holds over 240,000 bitcoins in its main cold wallet and internal addresses. The state is also showing interest.  According to analysts,
the largest countries holding Bitcoin are the United States, China, the United Kingdom, Bhutan, and El Salvador, where cryptocurrencies also find practical applications beyond several areas that are developing particularly actively.  The first
transactions are fast, without banks and without unnecessary fees.  More and more companies Tteesla, Microsoft, Shopify and many others.  The second direction is Web3 and acts as the fuel that powers decentralized services and allows
control center.  Third is investment.   More and more people are using cryptocurrencies risks, and increase returns.  Fourth is decentralized finance or defe. borrowing, staking, and liquidity farming.  All this works without banks
smart contracts.  And fifth, NFTs and digital assets.  They are used to pay for and objects in metaverses.  Cryptocurrency allows one to confirm the uniqueness of such analytics companies, if growth rates continue,
between 20% and 50% of the world's population could use cryptocurrencies by 2040.  It turns out that cryptocurrency will ever approach the level of popularity of traditional money, growth potential remains enormous, and
clear rules of the game from regulators.