Post
Topic
Board Economics
Re: Distribution of bitcoin wealth by owner
by
rpietila
on 25/10/2013, 05:55:20 UTC
It's pretty sure that Satoshi owns/owned 1M  ( http://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/ ). Whether he has lost the private keys or not is irrelevant. You should deduct this amount.
why would you want to deduct satoshis holdings? He's the top of the pyramid.
What I mean is to deduct known big holdings before estimating the distribution
Ah...

Deduct
Deduce

When saying "deduction" it is hard to distinguish Smiley

I suppose it is best to try to deduce the known large holdings, and use this information to estimate the top-heaviness of the distribution, then deduct the known lost coins. After this deduction and subsequent deduction, we have a better estimate. Right?  Grin