[mitchellberry]

> worth pointing out that less than 1000 entities owns 40% of the bitcoins

The fiat equivalent is saying 10 entities own most of the USD in the world. They are banks with liabilities holding money for others.

Of all the bitcoin conspiracies it's provably false yet people somehow gravitate towards it.

Do worry how easily people and especially journalists fall for this. Go click on the top 10 addresses in a chain explorer, please. They are all exchanges.

[prostoalex]

There's a top-heavy concentration of ownership from the information that's been disclosed.

* Satoshi Nakamoto's ownership is pegged at 1.5 mln bitcoins

* Chamath Palihapitiya and Social Capital own "about 5% of all bitcoins out there", so 600,000 BTC as of today http://thisweekinstartups.com/chamath-palihapitiya-david-eun...

* Winklevoss twins have disclosed ownership of roughly 200,000 BTC when filing for a Bitcoin ETF https://www.coindesk.com/winklevoss-twins-plan-nasdaq-listin...