The Bitcoin inequality!
2 % has 90 % of BTC
This is a very interesting list that shows how unequal the world of Bitcoin really is. Even more than in the Fiat world the Bitcoin equation is very unequal.
98 % of the addresses has less than 1 Bitcoin
2 % of the addresses has 90 % of all mined BTC in them
47 million addresses has between 1 and 100 USD worth of BTC in them
80 million addresses have between 1 and 10000 USD worth of BTC in them
And only 140000 addresses have enough BTC to be millionaire in US Dollars
This all shows that the Bitcoin world is incredibly centralised, with of course a lot of crypto lost forever in addresses with lost keys.
Still something profound needs to change if Bitcoin wants to become a true currency. Today it is only an asset!
Sincerely,
Pele23
Posted Using INLEO
Yes, this I have know for many years. This is one of your best posts. Add to that all the other problems: Pollution, high fees, slow transactions and only 2 functions that 99% uses: Send and mining.
LasseCash on the other hand, might have even better distribution even the product started in 2019, you can check richlist and make your own analysis, remember @lassecash is holding only for inflation the first 10 years, so should be left out of the analysis. Also no pollution on LasseCash, no fees, always 3 seconds transactions, DeFi that often pays 40% APY, social media rewards, censorship resistance, NFTs and possible migration to VSC, which will make it 100% immutable and make the best smart contracts ever possible.
If you like money, my best recommendation is Titan X.
Both are high risk, but BTC is bullshit since 2014.
Posted using LasseCash
Objectively a 100% lie. Learn about Bitcoin and stop thinking that plagiarizing mainstream media talking points from 2014 about Bitcoin makes you look like a "crypto expert".