Those "Bitcoin wealth inequality" statistics go from very misleading to outright false and unfounded anti-bitcoin FUD (just like the Bitcoin energy use FUD ones). Here's the corroborated info debunking them (check out the bottom link for a thorough research):
It is well documented that Bitcoin is not centralized, in any way.
Here's a Glassnode thorough analysis regarding distribution:
https://insights.glassnode.com/bitcoin-supply-distribution/
Highlights:
No, Bitcoin Ownership is not Highly Concentrated
Not all Bitcoin addresses should be treated equal. For instance, an exchange address holding the funds from millions of users needs to be distinguished from an individual's self-custody address.
A Bitcoin address is not an "account". One user can control multiple addresses, and one address can hold the funds from multiple users.
Edit: Also this info from Woo
Willy Woo on Twitter:
A longitudinal study of #Bitcoin's supply distribution since the genesis block.
Summary:
Bitcoin continues a 12 year trend of distributing evenly. Small holders are a rising force. (Includes new data unseen before from Entities, not addresses on-chain analysis.)
https://twitter.com/woonomic/status/1418192184767963136
This is an excellent DD and comprehensive "centralization" rebuttal:
No, Bitcoin is not controlled by a small group of investors and miners (A rebuttal to the TechSpot article)
https://old.reddit.com/r/Bitcoin/comments/qhlxfr/no_bitcoin_is_not_controlled_by_a_small_group_of/
[link] [comments]
No comments:
Post a Comment