Assets, Bitcoin

Who Owns Most Bitcoin?

As of early 2018, it’s estimated that the top 1000 richest people in the world own about 40 percent of all bitcoins. That means that just four hundred people could theoretically control a majority of the world’s supply of the cryptocurrency.

That’s a scary thought for those who believe in decentralization and a distributed ledger — two of the key selling points for bitcoin.

Of course, it’s important to remember that bitcoin is still a young currency. It’s possible that as it becomes more widely adopted, the distribution of wealth will become more equitable.

NOTE: WARNING: It is important to remember that there is no definitive answer to the question of who owns most Bitcoin. This is because Bitcoin transactions are anonymous, meaning that it is impossible to track who holds a particular address or wallet. As such, any claims about who owns most Bitcoin should be taken with a grain of salt and considered speculative at best.

For now, however, it seems that a small number of people hold a large amount of power when it comes to bitcoin.

It’s also worth noting that some of the early adopters and miners may have died or lost their keys, meaning that their bitcoins are effectively lost forever. That could mean that the true distribution of wealth is even more skewed than we realize.

In conclusion, it’s impossible to say definitively who owns most bitcoin. However, it’s clear that a small number of people hold a large amount of power when it comes to the cryptocurrency.

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