Thursday 15 August 2019

5 reasons why the bitcoin wealth distribution is skewed - good reminder as recent news about this is false!


" top 2.8 percent of wallet addresses control 95 percent of the supply of bitcoin, according to statistics "Satoshi Nakamoto's wallet has 700,000BTC to the tune of $7.4 Billion dollarsLost wallets including the guy who threw away his hard drive along with $86 million in BTCPossibly up to 3.8 million BTC lost = 20% of all current BTCExchanges hold much of the BTC as many keep BTC there 727,000 BTC about 4% of all current BTCAll of the empty wallets Exchanges use for each account. Many people will have numerous wallets in different apps on different Exchanges and some have multiple accounts on the same Exchanges = millions of empty BTC walletsHow many wallets are tied too each person is the key to this false assumption.One thing we CAN ALL agree on, 2.8% DOES NOT control 95% of all current BTC...and one last thing we should all be in consensus about, BTFD! It feels goooood! Reeeeaaaal good. Locking in at $9,700 again...honestly didn't think i would see 9's I was hoping for some 8's but too greedy, I want to sleep and now I can, peacefully I might add. BTFD makes for a soft pillow at night my niggas.End of the world? Then I'll see you on the moon​​​​http://bit.ly/2z2SrQY via /r/Bitcoin http://bit.ly/2OYdzmt

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