If we consider DOGE http://bitinfocharts.com/top-100-richest-dogecoin-addresses.html
0.08% control 64%+ of the economy, less than 1% control 85%. This is based on address, 1 entity could own 75%+ easily.
The rich get richer, the economy is monopolized, when you have that much of it you can inflate and deflate value however you want. When you earn percentage interest also then it's a recipe for disaster.
0.08% control 64%+ of the economy, less than 1% control 85%. This is based on address, 1 entity could own 75%+ easily.
The rich get richer, the economy is monopolized, when you have that much of it you can inflate and deflate value however you want. When you earn percentage interest also then it's a recipe for disaster.
These numbers are not good for statistic analysis.
70% of the addresses have less than 1000 doges, and 82% of them have less than 10000.
Any serious doge users is in the remaining 18%.
If you look into that 18%, a third of the doges are in the 100000+ addresses who hold less than 10 millions and more than 10k.
Only 6 addresses hold more than a billion, totalling a third of the doges, and it's safe to say that most of them are exchanges.
