Re:When You Know
by dan-robertson on Thursday January 21, 2021 @07:36PM
(#25866736)
95% controlled by 2% is surely not that shocking a statistic. It’s not too dissimilar if you look at personal wealth but one person could correspond to many Bitcoin accounts outside that 2%.
> It is completely unambiguously obvious to me that Bitcoin, a brilliant achievement technically, is functioning as a Ponzi scheme, siphoning money from the pockets of rubes and into those of exchange insiders and China-based miners.
Can anyone confirm/debunk this claim:
> A few large holders commonly referred to as whales continue to own most Bitcoin. About 2% of the anonymous ownership accounts that can be tracked on the cryptocurrency’s blockchain control 95% of the digital asset, according to researcher Flipside Crypto.
* https://www.bloomberg.com/news/articles/2020-11-18/bitcoin-w...