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No, OP is correct actually >95% of Bitcoin is owned by 2% This is just the lower limit on the concentration of wealth in Bitcoin, found from onchain data. Sin
by cuteboy19 5y ago
No, OP is correct actually
>95% of Bitcoin is owned by 2%
This is just the lower limit on the concentration of wealth in Bitcoin, found from onchain data. Since people can have multiple addresses it is possible that the 2% actually control 97% or even more of btc supply
- seedless-sensat 5y agoThis isn't necessarily true, because some of those largest wallets are probably exchanges/trusts. It can go both ways: one wallet may have many owners, and one owner may have many wallets.
- jonathan-adly 5y agoCan you tell me right now how many wallets does Satoshi have?