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by jonathan-adly 1619 days ago
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.
1 comments
cuteboy19 1619 days ago
No, OP is correct actually

>95% of Bitcoin is owned by 2%

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

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seedless-sensat 1619 days ago
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.
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jonathan-adly 1619 days ago
Can you tell me right now how many wallets does Satoshi have?
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