Post
Topic
Board Bitcoin Discussion
Re: Bitcoin - Losing faith...heres why...
by
farfiman
on 24/08/2014, 15:03:40 UTC
There are roughly 13 million coins in circulation, with the maximum amount being 21 million. This means over 50% of all coins in being, are in control of a small minority consisting of maybe 0.01% of the worlds population.


the bitcoin is divisible, this shouldn't be a problem, you don't need to own a whole bitcoin in future, when the price will skyrocket
His point is money=power and in this case too much power in the hands of too few people
(not that it is any different now)