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The people who got the initial bitcoin and held onto it still have the majority of it. I don't see that changing. It's not healthy for the monetary system havin
by Synaesthesia 6y ago
The people who got the initial bitcoin and held onto it still have the majority of it. I don't see that changing. It's not healthy for the monetary system having most people try to just get rich by holding onto the currency.
- 4b11b4 6y agoI'm not disagreeing with you, but this isn't the first time. The people who made the first money held onto that, and then used it to control their environment and make more money. When the British queen invested in that first wooden ship to bring back riches, she made a ton of money. Then she started the East India Company. I don't see those first BTC holders as worse?
- Synaesthesia 6y agoThe East India company which ruined Bengal, enriched a few English elite. Yeah sounds about right.