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by koolba 3118 days ago
> Not sure if I entirely agree with/understand this. Even if they do want Bitcoin to succeed, how different is it from the current capitalist system if 40% of the bitcoins are owned by 1% of the population?

1%? According to a Bloomberg article[1] it's 1000 people owning 40% of all bitcoins. That's about 0.000014286% of the world population. I doubt any of the are involved in mining either now either, more likely just early adopters.

[1]: https://www.bloomberg.com/news/articles/2017-12-08/the-bitco...

1 comments

That Bloomberg article's evidence for that number is shoddy at best.