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Vitalik, just one person, owns billions in ETH. That is the top 0.1%.
by grubles 5y ago
Vitalik, just one person, owns billions in ETH. That is the top 0.1%.
- SwagtimusPrime 5y agoAnd Satoshi, just one person, owns tens of billions in BTC. That is the top 0.01%.
- yaa_minu 5y agoSatoshi mined every single one of it and anyone would have been able to do same also he never sold his coins and left the project early on to avoid having too much control. Quite the opposite with Vitalik who on the other hand premined his eth, has been selling them Ever since, and continues to have significant control over ehereum.
- hanniabu 5y agoSatoshi did the equivalent of ninja mining.
- rawtxapp 5y agoSatoshi is not actively working to move Bitcoin to PoS though. And for all practical purposes, his stash is as good as gone.
- vbuterin 5y agoThere's definitely ETH holders who have more ETH than I do, including those who did _not_ benefit from the premine. (And there's BTC holders with more than 0.3% of all BTC)
- fredfoobar 5y ago> (And there's BTC holders with more than 0.3% of all BTC) And yet, they can't stake their Bitcoin gain influence in the network. They're just another user in user-land
- vbuterin 5y agoWhat kind of "influence in the network" do you gain by staking? (Keep in mind that in present-day Ethereum, the influence that PoW miners have in protocol governance is pretty minimal)
- tornato7 5y agoZuckerberg owns 30% of Facebook! And he stands to gain the most from Facebook earning profits!!! It's all a scam!! See how ridiculous it sounds?
- Salgat 5y agoThat's fine as long as we agree that Ethereum is not a form of currency, otherwise it becomes terribly regressive for one person to have that much stake that continues to collect even more ether in the process.