7 ms·

According to the article below, it seems like there’s a similar level of inequality in the stock market as well. https://awealthofcommonsense.com/2021/10/owner

• danbruc 5y ago
  But are stocks the the appropriate thing to compare Bitcoin with? Why stocks and not money supply? And do you pick a national stock market or money supply or do you sum across the globe? But maybe it also does not really matter and all those things have similar distributions.
  • fsflover 5y ago
    It probably just means that stock owners bought bitcoins.
  • SergeAx 5y ago
    I believe that currently Bitcoin is much more investment vehicle than payment matter.
    • danbruc 5y ago
      In which case I don't care. If you offer 10% of your company and keep 90%, the allocation is heavily skewed, but whatever, it's your company and before you offered 10% in stocks it was skewed even heavier, you owned 100%. But if the government would give a third of all the money that will ever be printed to a small group of people, that does not sound like a currency I would want to adopt.
  • deleted 5y ago
    [deleted]
• cblconfederate 5y ago
  Which means that a representative sample of current (unequal) society is invested in bitcoin. Which means that bitcoin is not fringe and should be taken seriously Which means that bitcoin investors are not basement dwellers selling tulips, but your average fellow citizen. So please no more bitcoin investor bashing