Bitcoin is *far* more concentrated than the wealth of the United States ... by 2 orders of magnitude !
➡️ 1/3 bitcoins are controlled by only 0.01% of bitcoiners
➡️ 1/3 of US wealth is controlled by 1% of individuals
Bitcoin is *not* the revolution of the poor/unbanked. It is a powerful system to make the rich even richer and to create new overlords (miners, exchanges, ...)
https://gizmodo.com/bitcoin-s-inequality-problem-is-putting-the-dollar-to-s-1848248393
#Bitcoin #Inequalities #CryptoScam #CryptoSkeptic
➡️ 1/3 bitcoins are controlled by only 0.01% of bitcoiners
➡️ 1/3 of US wealth is controlled by 1% of individuals
Bitcoin is *not* the revolution of the poor/unbanked. It is a powerful system to make the rich even richer and to create new overlords (miners, exchanges, ...)
https://gizmodo.com/bitcoin-s-inequality-problem-is-putting-the-dollar-to-s-1848248393
#Bitcoin #Inequalities #CryptoScam #CryptoSkeptic
Bitcoin’s Inequality Problem Is Putting the Dollar to Shame
Of the 19 million bitcoin currently in circulation, just 0.01% of buyers control around 27% of the cryptocurrency.Mack DeGeurin (Gizmodo)