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The Truth About Cryptocurrencies: A Clearheaded Guide to the Crypto World (www.expensivity.com)

posted 2 years ago by ashlanddog 2 years ago by ashlanddog +127 / -3

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– OneMoreTim3 17 points 2 years ago +21 / -4

You can't switch to a currency 90% already distributed amongst 1 percent of the population. That's how slave planets are made....

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▲ 4 ▼

– Bobby777 4 points 2 years ago +5 / -1

1% owns 90% of Bitcoin is an exaggeration.

Sauce:

No, Bitcoin Ownership is not Highly Concentrated – But Whales are Accumulating

https://insights.glassnode.com/bitcoin-supply-distribution/

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▲ 2 ▼

– Europeade 2 points 2 years ago +7 / -5

Bitcoin is better distributed than fiat

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▲ 5 ▼

– hope111111 5 points 2 years ago +5 / -0

That's a complete lie. I am a huge crypto advocate but BTC is more centralized than USD by a significant margin.

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▲ 2 ▼

– Bobby777 2 points 2 years ago +2 / -0

Sauce?

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... continue reading thread?

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