The centralization of Bitcoin. Infographic!
Today I found this interesting and informative infographic about the Bitcoin Wealth Distribution.
Credit
The infographics have been made by the team behind the website How Much and is accompanied by an article written with the vision of a neophyte on the subject of crypto-coins. Which is quite realistic, because analyze the Bitcoin as an ordinary person would do.
And well, this infographics proves once again that a massification of the knowledge and use of Bitcoin is needed. It is really still very very restricted. That for me is a very feasible explanation of this centralization. Apart of course the subject of the big wallets of the markets. Yes, even if it seems crazy still many people leave their currencies in the markets as many still leave their money in the banks. These big wallets hold much of the coin and that influences the information on which the infographic is based.
You can see more in the original article on the HowMuch website
..this is shocking
Hard reality indeed :( Thanks for stop by @willheard
Strange thing is, i imagined a very, very, very small amount of addresses holding even a bigger part of the BTC share, although 17% is not too small anyway.
Well ... 4.11% of addresse owning 96.53% of all the Bitcoins ... looks pretty centralized to me ;)
Same thing can be said about gold and paper money.
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Thank you for sharing this great info mate. I didn't know until now that it was divided by that process.
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Intriguing post - thanks @juanmiguelsalas .
A nice post. @juanmiguelsalas followedd
Nice post. Always 80:20 rule applies.
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