How Centralized is Bitcoin wealth? Visual

Gregg

June 21, 2018

Bitcoin prides itself on being decentralized. It’s one of the main things that crypto and specifically Bitcoin supporters use to describe its importance. While that my be true to an extent on the governance and consensus level, its definitely not true on terms of the wealth distribution. No one person, company or group of companies truly control the decision making on Bitcoin, just ask the CEOs trying to push for segwit2x how that worked out. But that doesn’t mean that individuals that control large and I mean large amounts of Bitcoin couldn’t exercise a form of influence over the markets and ecosystems. So what does the bitcoin wealth distribution look like….check out the visual below.

visual from the crew at howmuch.net

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