Cointelegraph just posted this image hours ago:
Of course, I can't verify whether the figures are close to reality or not, but supposing the 68.2% more or less reflects the reality of Bitcoin's distribution, it's probably high enough. And it's not a percentage of the circulating but the overall supply.
If we deduct from the overall supply the percentages that belong to Satoshi/Patoshi, the lost Bitcoin, and what's yet to be mined, it's even much higher.
Furthermore, considering that there are also individual investors behind the small portion held by funds and ETFs, it's probably fair to say that individuals still rule Bitcoin's supply.
Given these figures, Atticus Finch would probably tell us, "It's not time to worry yet."
Of course, I can't verify whether the figures are close to reality or not, but supposing the 68.2% more or less reflects the reality of Bitcoin's distribution, it's probably high enough. And it's not a percentage of the circulating but the overall supply.
If we deduct from the overall supply the percentages that belong to Satoshi/Patoshi, the lost Bitcoin, and what's yet to be mined, it's even much higher.
Furthermore, considering that there are also individual investors behind the small portion held by funds and ETFs, it's probably fair to say that individuals still rule Bitcoin's supply.
Given these figures, Atticus Finch would probably tell us, "It's not time to worry yet."
This chart is pretty sick! Thanks for sharing. I feel like the amount of individual bitcoin being owned is definitely a major plus, right? I mean more power the the people right? Instead of it slowly being accumulated by other major players that have the ability to move the markets i mean is that what you're referring tk with the Atticus finch comment?