23,638,091 addresses own less than 1BTC

>23,638,091 addresses own less than 1BTC
>724,490 addresses own more than 1BTC
>literally 97% of people that bought into bitcoin will never accumulate more than 1BTC
>763,863 BTC owned by 97% of addresses
>16,887,630 BTC owned by the top 3% of addresses
>literally 95.65% of 17,651,493 BTC owned by just 3% of addresses while 97% of addresses own less than 4.35% of BTC
>mfw zoomers think they’ll actually make it
>mfw bizfags still think cryptos aren’t a complete scam

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All competence hierarchies distribute this way.

Based and redpilled

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>What is exchange wallets
I agree if you don't have your own private keys it's not yours but don't treat those wallets like they're owned by one person.

Qait I have over 1 btx

Capitalism, money, crypto, the entire thing, is a Ponzi scheme. Literally the first rule of economics. Don't tell me you didn't know?

Doesn’t matter. 95% of Bitcoin in circulation is gatekeeped by less than 3% of addresses.

Now do the same with US bank accounts.

It’s actually worse than the global fiat currency system.

remember that banks count as one address, as custodians

>23,638,091 addresses own less than 1BTC
it would be literally impossible for 23,638,091 addresses to own 1 BTC

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I'm new to this cryptocurrency thing. Do any of you know how can I exchange my bitcoins for actual US dollars or any websites where I can do so fast and safely?

Yang says I get one to.

>23,638,091 addresses own less than 1BTC
>724,490 addresses own more than 1BTC
Sweet, I'm in the top 3%

Also There are only 21m BitCoin ever, brainlet.

>tfw almost at 1 BTC
>closer to 4 if you count my linkies

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>own less than one BTC
>less than one
>less than

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>addresses are people

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This. Top holders are distributed among many wallets. Couple this with abandoned wallets and the gap lessens.

The whole point of bitcoin, Wilson said, was to create a deflationary currency which could later be used to fund enormous technological advances. If Bitcoin were to become the global currency, those early holdings would be worth a potentially incalculable amount.

The assumption was that the early adopters, who would end up with large holdings, would be more interested in experimentation and technology than the more classically inclined billionaire class, and so would be more likely to turn that interest to further technological advances. This also influenced Bitcoin's economics, he said, and it was specifically designed to be given lopsided rewards to the start.

"Tidal dams and space elevators and all the other stuff... with a deflationary currency, where the bulk of it is actually mined early, you can do that. The inflation rate, and deflation rate and the rest... that was all figured out later on."

"Of course, to be able to do that I'm supposed to have access to those funds. However, due to Craig's behaviour... doesn't seem to be happening anymore. And of course, Dave's death didn't help whatsoever. But that's just one direction. We're still going to have a planetary civilisation. We're just going to have to do it a different way."

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>I cant read
Outted yourself pajeet.

I own at least 5 different wallets though

>*prints money infinitely*

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>Tfw own 0.2
I know I'll never make it but I just want to have something before the financial collapse

I've tried getting more but its not so easy as a poorfag

Fast and safe? You’re a bit early for that x were only ten years in. After ten years credit cards were still made of cardboard

is there something like this but for ETH?

10 years in they had to use hand crank machines to make a copy of your credit card and it took days to process

Interesting, and very well formulated on your account !

I shall give the video a watch later on because of the length of it!
But so realisticaly people should be holding a stack of bsv when Craig goes to court i guess ?

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So i need 1 btc to make it?

>mfw I'm in the top 3%

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