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Topic: Wealth distribution - page 2. (Read 1939 times)
What do you propose, that those "bastards with fat wallets" give away some of their coin to help the less fortunate ones and make it fair and nice for everyone? ))
)) 40% of American wealth is held by 1% of the people. That is not good! 40% of BTC is held by about .01% of bitcoiners!!! How are we to get more distribution?
how you can know that the 40% of BTC is held by about .01% of bitcoiners??
You can cry about the mega wealthy 1% but it will always be that way IMO.
Bitcoin is treated as assets legally but actually used as currency. Owning bitcoin is like that you own wealth. Bitcoin is still the minority's game, which lead someone own a large amount of bitcoin. When the bitcoin is increasingly playing an important role in our daily life and perceived as valuable technology, the ppl hopefully will step in to buy and spend it.
Don't worry when bitcoin will be 0.01$ this will not be a problem anymore.
Bitcoins is not wealth per se. It's more like shares in a technology. So we are not going to get a more uniform distribution because it's not an issue and noone really cares.
yes its shares in a technology but as bitcoin holders sell into fiat which imo will coexist for some time then wider distribution is inevitable! saying no one cares is a fallacy as I care.
Bitcoins is not wealth per se. It's more like shares in a technology. So we are not going to get a more uniform distribution because it's not an issue and noone really cares.
40% of American wealth is held by 1% of the people. That is not good! 40% of BTC is held by about .01% of bitcoiners!!! How are we to get more distribution?
Edit:
Market will always be susceptible to manipulation. More distribution means less manipulation.
At least those 1%ers in USD don't hold actual cash. The 0.1%ers in BTC actually hold it in BTC!!! It's a liability for manipulation!
Edit:
Market will always be susceptible to manipulation. More distribution means less manipulation.
At least those 1%ers in USD don't hold actual cash. The 0.1%ers in BTC actually hold it in BTC!!! It's a liability for manipulation!
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