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Are they counting that the first wallet owns ~5% of BTC? With this in mind - it's less surprising that the remaining 0.01% own 22%. This isn't TOO far off of
by onlyrealcuzzo 4y ago
Are they counting that the first wallet owns ~5% of BTC?
With this in mind - it's less surprising that the remaining 0.01% own 22%.
This isn't TOO far off of regular inequality.
IIUC, the top 0.01% globally own >12% of wealth: https://www.chicagobooth.edu/review/never-mind-1-percent-lets-talk-about-001-percent https://www.chicagobooth.edu/review/never-mind-1-percent-let...
Given that crypto had such absurd hyper growth - I'm actually shocked inequality isn't far worse.