Post
Topic
Board Bitcoin Discussion
Re: We are the 15%
by
ThirdPrize2
on 12/01/2019, 13:59:09 UTC
Uhm, what? How did you come up with the conclusion about bitcoin being a scam just with that statement?

Also, take note that the biggest wallets that contain the biggest number of bitcoins doesn't automatically mean 1000 people own 85% of all bitcoin. Take note that exchanges are a part of that 1000(assuming this statistic is actually true), hence, it doesn't mean that 1000 people own 85% of BTC. Take note that the top exchanges has A LOT of users. We're talking multi-millions here. Binance itself was gaining a few million of users per week just sometime last year. Think about it.

1000 addresses hold 85% of all BTC =/=(not equal to) 1000 people hold 85% of all BTC


Probably less than a thousand people with a thousand private keys own 85% of the bitcoins.  Remember, if its in an exchange, you don't own it.  You are trusting them.

Also, that would imply 85% is being used as investments and only 15% is Available to spend.

We should start a new 1%  movement.