This right here. Everybody running and screaming about the OP statistic have 0 knowledge how bitcoin works or purposefully spreading false information.
It's like the elections being stolen, or anti-vax propaganda or whatever other idiocy being spread on FB on any given moment.
This is just the lower limit on the concentration of wealth in Bitcoin, found from onchain data. Since people can have multiple addresses it is possible that the 2% actually control 97% or even more of btc supply
This isn't necessarily true, because some of those largest wallets are probably exchanges/trusts. It can go both ways: one wallet may have many owners, and one owner may have many wallets.
More specifically: assuming we can't derive it by some clever means, or approximate it from some tax reporting data, isn't it a problem that we can't get such a distribution?
I mean this not as a moral judgement, but more as a system dynamics concern. It's easy enough to see how wealth concentration can destabilize a money/value system absent other factors. So my concern isn't about what's right or wrong socially, but whether there might be a reason to question the implicit trust that the maths will work out.
It's like the elections being stolen, or anti-vax propaganda or whatever other idiocy being spread on FB on any given moment.