Topic: Bitcoin ownership distribution break down - page 2. (Read 284 times)
Well, I really don't care about how it is distributed, since those who complain about this usually clamor for redistribution, which involves a politician taking the cake and distributing it as best suits him, something that usually serves the politician's interests much more than those of the general population that he aims to serve. Although when I saw the OP I wondered how accurate what he stated would be and I see that in the second post they dispute it so I'll leave you arguing and I'll go away.
I think the statistic count people who hold Bitcoin in centralized exchanges is belong to individuals instead of businesses, that's why we see there are more than 50% Bitcoin belong to individuals. I would count it as businesses instead because the individuals don't have a complete control over their coins. Or they can just divide between coins belong to "unknown non custodial wallet" and "CEX cold and hot wallet" to be more accurate.
Centralized exchanges do not own that much, you can easily check it. Most of the coins are held by >1.87% rich people. (you can subtract CeX wallets, so it's even less percentage of people who control majority of BTC)
They can easily control the price of Bitcoin and in future can act like banks on which you will be able to "own" Bitcoin.
Welcome to the slave world.
https://www.youtube.com/watch?v=JCADpxXn4Yo
Current supply: 19,747,143 BTC
Of which 18,321,811 BTC corresponds to 92.78% of supply is held in 1.87% of wallets.
Your data is presented in a way to show that bitcoins are well distributed and that average people have more control than companies.
It's a lie.
I think the statistic count people who hold Bitcoin in centralized exchanges is belong to individuals instead of businesses, that's why we see there are more than 50% Bitcoin belong to individuals. I would count it as businesses instead because the individuals don't have a complete control over their coins. Or they can just divide between coins belong to "unknown non custodial wallet" and "CEX cold and hot wallet" to be more accurate. Of which 18,321,811 BTC corresponds to 92.78% of supply is held in 1.87% of wallets.
Your data is presented in a way to show that bitcoins are well distributed and that average people have more control than companies.
It's a lie.
Current supply: 19,747,143 BTC
Of which 18,321,811 BTC corresponds to 92.78% of supply is held in 1.87% of wallets.
Source:
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
http://addresses.loyce.club/
This was checked in: August 30, 2024
Your data is presented in a way to show that bitcoins are well distributed and that average people have more control than companies.
It's a lie.
Of which 18,321,811 BTC corresponds to 92.78% of supply is held in 1.87% of wallets.
Source:
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
http://addresses.loyce.club/
This was checked in: August 30, 2024
Your data is presented in a way to show that bitcoins are well distributed and that average people have more control than companies.
It's a lie.
This data in the graphics is from Bitcointreasury.net and BitMEX research.
- Bitcointreasuries.net has this information at Treemap chart.
- I can not find original source from BitMEX research.
Some other sources I can find on Bitcoin distributions.
Demystifying Bitcoin's Ownership Landscape
Bitcoin distribution rich list.
Bitcoin distribution are not static but dynamic and changes with every new Bitcoin block that contains thousands of new Bitcoin transactions. Information here is for reference at writing time of these resources.
There is only about 6% of Bitcoin total supply to be mined until all 21 millions of bitcoins will be all mined. If you don't trust the graphics, you can check with
https://coinmarketcap.com/currencies/bitcoin/
- Bitcointreasuries.net has this information at Treemap chart.
- I can not find original source from BitMEX research.
Some other sources I can find on Bitcoin distributions.
Demystifying Bitcoin's Ownership Landscape
Bitcoin distribution rich list.
Bitcoin distribution are not static but dynamic and changes with every new Bitcoin block that contains thousands of new Bitcoin transactions. Information here is for reference at writing time of these resources.
There is only about 6% of Bitcoin total supply to be mined until all 21 millions of bitcoins will be all mined. If you don't trust the graphics, you can check with
https://coinmarketcap.com/currencies/bitcoin/
Jump to: