most probably half of the stash is in the hands of Evan Inc.
1-2.8%
How can this be, if he got all the stash at the premine ?
He didn't. I don't know where you heard that.
A simple compound-interest calculation puts it close to 50%. Start with 100% of the stash when there were 2 million coins (the premine). Then apply the 45% interest on the mining and re-capitalize it until you reach 7 million coins or so.
The Lottery is a tax on people who are bad at math.
The Dash scam is a tax on people who are bad at math *and* don't understand the role cryptography plays in crypto-currency.
In the last week 2 people with advanced degrees (dentist and an MBA)...
Asked me about Bitcoin... then completely zoned out about 10 seconds into the discussion.
About 50% of the transactions at my local gas station are Canadian lottery tickets with absurdly bad payouts.
So what is the common thread? = convenience, always convenience
This is why Bitcoin will never go mainstream... and no one gives a shit about ancient premine issues, etc
Boom... ETF denied.