Quote from: HeRetiK on August 19, 2017, 01:10:55 PM

Quote from: rafihasan on August 19, 2017, 07:28:41 AM

I always been very interested in Bitcoin, being merely open-source software code, is a powerful idea and tool to counteract evils of fiat monetary system. But what if bankers are the ones that created Bitcoin in the first place?

Seems unlikely. Most early Bitcoiners seem to have a cypherpunk / open source / liberal background, with a lot of focus on cryptography / code and with comparably little focus on finance / economy. If bankers were involved from the very beginning we'd have a very different rhetoric and very different people. Also they wouldn't be struggling to shoehorn blockchains into their existing systems as they do now.

I'm not saying that there are no bankers amongst the early adopters. I'm sure there's a couple of bankers and people from the financial industry that saw Bitcoin's potential early on. But I doubt that they were there from the beginning. That was mostly a very special breed of nerds <3

Quote from: rafihasan on August 19, 2017, 07:28:41 AM

Meaning that the wealth disparity in bitcoins is actually WORSE than the wealth disparity between the rich and poor as it stands right now.

Meaning in total those 47+ 880 people own half of the bitcoins in the world, while the other half has to be shared between 1,010,000 people.

Is that true?

Wealth disparity is expected as only very few people entered Bitcoin early. Even today I guess more than 95% of people on earth don't own a single Satoshi. Probably never will. However I assume that for most people that got wealthy due to Bitcoin it was a once in a lifetime opportunity and not yet another investment by someone who already was rich in the first place.

Apart from that, most wealth that got accumulated by Bitcoiners is still nothing compared to actually rich people. Bitcoins complete market cap has not even reached Warren Buffett's estimated net worth yet.

Well stated. While wealth is concentrated in a few wallets, the ideals that used to rule this space are kinder than the ideals that rule our traditional markets. The folks holding those coins are aware of the import of said coins.

The largest holders are founders; namely Toshi, and he is aware, like ALL of us are aware, that his coins are the basis of the trust. If those coins ever move, chaos will ensue and we will fall to an alt. Most likely ethereum. His faith in the face of his nature is noble. What must it feel like to be one of the richest people in the world, but to understand that to collect your wealth, you would have to destroy your opus, his swan song, and ruin the fortunes of all of those that believed? It's obvious to me that the still living Satoshi, and his silence/inactivity, is a reassurance.

Tldr: those coins will never move, they are dead to us, so that we may live as a whole.