Would it be fair enough to assume that the project has failed, or failing?
90% of Bitcoin being held by an oligarchy of the elite, a cartel of banks, and by governments working together might turn Bitcoin into their "playground".
If Banksters had held 90% of Bitcoin then price of it will rise more and more each day, because the number of people ambitious to buy Bitcoin is increasing day by day but every other Millionaire will not release Bitcoin, so price will shoot up.
Government's never store Unregulated Currency correct me if am wrong