• emizeko [they/them]
    ·
    2 years ago

    isn't something like 95% of bitcoin held by a handful of actors

    • TheCaconym [any]
      ·
      2 years ago

      ... who constantly wash trade it - and other crypto - between exchanges, yes.

    • zifnab25 [he/him, any]
      ·
      2 years ago

      https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

      Not quite that bad, but its close.

      Bitcoin wasn't aggressively mined out by a handful of power players at its inception.

      • BeamBrain [he/him]
        ·
        2 years ago

        Well, bitcoin certainly created the economy libertarians want

  • zifnab25 [he/him, any]
    ·
    2 years ago

    That's one hell of a y-axis. The last peak was at around $60k. And we've had more than a few crashes since it was $1/coin.

  • Coolkidbozzy [he/him]
    ·
    2 years ago

    many children have a better understanding of stocks than crypto bros