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Although the pie chart is a bit skewed because there are many exchanges that hold custody of coins in (multi-sig) cold storage, Bitcoin's distribution is not as
by thaytch 9y ago
Although the pie chart is a bit skewed because there are many exchanges that hold custody of coins in (multi-sig) cold storage, Bitcoin's distribution is not as dispersed as most would have liked it to be. That's largely because people were able to mine the currency in silence during 2009-10 where adoption and therefore difficulty were miniscule. I think one of the most annoying things people keep coming up with is doing airdrops for their altcoins based on the distribution to registered Bitcoin addresses. Byteball keeps doing this and therefore favors and privileges large Bitcoin holders. That's one of the most unfair ways to distribute a new cryptocurrency, especially for people that haven't had the privilege to have known about Bitcoin early.