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"As a new digital currency bitcoin has had the fairest distribution," Not sure I agree with this, but I guess it depends what your definition of fair is. I thi
by twox2 6y ago
"As a new digital currency bitcoin has had the fairest distribution,"
Not sure I agree with this, but I guess it depends what your definition of fair is. I think something like 2%-5% of BTC wallets control like 90% of BTC.
- ivanche 6y agoIt's even worse. According to [1], around 2.18% of addresses control around 94.75% of BTC. [1] https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html https://bitinfocharts.com/top-100-richest-bitcoin-addresses....
- cdiddy2 6y agothat includes exchange addresses though. each exchange address can hold BTC for millions of people
- ivanche 6y agoYou're right, it includes exchange addresses. Although my stance is, other people's address == other people's BTC. They might temporarily be a custodian for you but sooner or later something bad will happen.
- tromp 6y agoWith half of all bitcoin emitted in just the first 4 years of existence, it's not very evenly distributed. Yet most other cryptocurrencies have an even worse distribution, especially those with premines.