Vladimir Club
The Vladimir Club is a term used to describe individuals who own 0.01% of the maximum supply of a specific cryptocurrency.
What Does Vladimir Club Mean?
The Vladimir Club is a term describing a specific kind of crypto whale. Specifically, an individual who has acquired 0.01% of a certain cryptocurrency’s maximum supply is said to be a member of the Vladimir Club.
This term originally applied to Bitcoin but has since been used to refer to owning 0.01% of other cryptocurrencies. In the case of Bitcoin’s Vladimir Club, someone would need to own at least 2,100 BTC, given that Bitcoin’s maximum supply is capped at 21 million coins.
Where Did It Come From?
This term first appeared on a BitcoinTalk forum in 2012. A user called Vladimir, after whom the club was named, suggested that owning 0.01% of Bitcoin’s maximum supply would be a good investment. At the time, it would have cost $23,100 to join the club. Acquiring the same 2,100 coins now could cost you a relative fortune.
While Bitcoin theoretically has room for 10,000 Vladimir Club members, there are, of course, far fewer in practice. For one thing, there are many Bitcoin whales with more than 2,100 BTC in their holdings. Then there’s also a significant amount of Bitcoin that is presumably lost.
In any case, pinpointing the exact number of club members is quite difficult since most Bitcoiners have spread their coins across different addresses. Additionally, some of the whale addresses may belong to the same individual.
