Quote from: farfiman on August 24, 2014, 03:03:40 PM

Quote from: Ayers on August 24, 2014, 02:48:13 PM

Quote from: kashivre on August 24, 2014, 01:19:24 PM

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)

Well he may be right to say that money does equal power. However money does not equal control over bitcoin. What he is saying is an issue with overall society. The fact that Bitcoin is PoW and not PoS (piece of stake aka piece of shit) means that regardless of how many BTC one person has they will not be able to affect others who have bitcoin (except the price if/when they decide to sell).