Glossary
Wealth
1 min read
Wealth is the value of assets held by a person or company at a given point in time. Wealth is an important metric because it measures the accumulation of scarce resources. Wealth is different from income; income is a measure of the money received by an entity as payment for goods or services provided, whereas wealth is the total value of assets held presently by that entity. Bitcoin held by an individual is one asset that factors into their wealth.