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Bitcoin Charts, page-760

  1. 203 Posts.
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    I want someone to joust holes in this.

    A very large amount of bitcoin out there is held by a very small amount of whale investors. Obviously, the addresses that are reported in the media such as '2% of bitcoin investors own 90% of bitcoin' is probably an overstatement as exchanges might get misconstrued as being whales.

    But still if even a quarter of this pans out to be the case, how is bitcoin meant to be the democratisation of money when it is so unequally divided.

    Being a bull on bitcoin becoming the new gold standard seems crazy as it would just shift our current status quo of inequity to another even worse kind.
 
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