Post
Topic
Board Economics
Re: Distribution of bitcoin wealth by owner
by
flagel8
on 25/10/2013, 14:42:18 UTC
This is a really interesting thread with great detective work.

Hopefully Bitcoin doesn't end up with a 1%er problem but at the rate we're going at - I'm not sure how that would be avoided.

Yes. Thanks rpietila, for starting this thread. It's quite the eye opener. It is making me rethink whether I want to hold a currency with such a top heavy distribution. Disturbing to have your beliefs challenged, but useful.

I KNOW it's not a Ponzi pyramid scheme, but the shape of the adoption curve, and the growth pattern is similar enough that potential adopters might be thinking that, if it looks like a duck, and quacks like one too, then maybe...

That has to be a long term problem for mainstream take-up.