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You need to compare the relative numbers. Bitcoin is being held by 1000x fewer people than the US dollar. If 100 people control 13% of Bitcoin, then the questi
by kolinko 5y ago
You need to compare the relative numbers. Bitcoin is being held by 1000x fewer people than the US dollar.
If 100 people control 13% of Bitcoin, then the question is how much Dollar top 100,000 people hold.
- tonfa 5y agoBut by design Bitcoin doesn't dilute or expand through balance sheet, so in a BTC maximalist world, those 100 people still hold roughly the same fraction, right?