This Is How Much BTC You Need to Enter Bitcoin’s Elite 1% ...

Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Bullion (CBX) | Est 2013 | Masternodes Coming Soon!

Released in late June 2013, Bullion was designed primarily for the purpose of storing wealth. Bullion is the first to employ its pioneering Proof-of-Stake-Participation (PoSP) algorithm which has taken the strength of traditional proof-of-stake implementations, extreme energy efficiency, and injected revolutionary designs to configure the algorithm for maximum security and function.
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FYI: There aren't enough BTC for HALF of today's millionaires to own JUST ONE. Owning ONE bitcoin puts you--at minimum--in the top 0.2% of the human population in terms of total possible Bitcoin wealth distribution.

Let me remind all you old timers, and inform the newbies: There will only be a maximum of 21 million bitcoins. Ever. Approximately 4 million have been permanently LOST, bringing the maximum circulating total to 17 million. This total number won't be reached until 2140 due to Bitcoin's issuance schedule. This is "quantitative hardening."
Total number of millionaires (in USD value) worldwide is around 33 million (source).
The factual math is simple: there is not enough Bitcoin in the world for even HALF of today's millionaires to own just ONE SINGLE BITCOIN. Much less all the future millionaires that will be born as the human population approaches 10bn.
Bitcoin is SCARCE. Check out the S2F model for a good explanation of why scarcity and value correlate. Recently updated to the S2FX model for a model that incorporates more data, and is more accurate.
Furthermore: If you are able to acquire even one BTC today: Enjoy the feeling. You are an early adopter. And one of a very select number of humans. Owning just ONE BTC means that you are--at minimum--in the top 0.2% (17M / 8Bn * 100*100&ie=UTF-8&oe=UTF-8)) of the human population in terms of total possible bitcoin wealth distribution. The percentage is much lower than that, of course, given that there are lots of whales out there with 1000+ BTC each.
Edit: And never-mind the idiots that will say something asinine like "my pubic hairs are limited in number too...does that make them valuable?" Your pubic hairs have zero network utility, whereas every day Bitcoin proves it has extraordinary utility as (perhaps) the most perfect form of money humans have yet created.
Stack those sats!
That is all.
submitted by Kinolva to Bitcoin [link] [comments]

FYI: There aren't enough BTC for HALF of today's millionaires to own JUST ONE. Owning ONE bitcoin puts you--at minimum--in the top 0.2% of the human population in terms of total possible Bitcoin wealth distribution.

There will only be a maximum of 21 million bitcoins. Ever. Approximately 4 million have been permanently LOST, bringing the maximum circulating total to 17 million. This total number won't be reached until 2140 due to Bitcoin's issuance schedule.
Total number of millionaires (in USD value) worldwide is around 33 million (source).
The math is simple: there is not enough Bitcoin in the world for even HALF of today's millionaires to own just ONE SINGLE BITCOIN. Much less all the future millionaires that will be born as the human population approaches 10bn.
Bitcoin is SCARCE. Check out the S2F model for a good explanation of why scarcity and value correlate.
Furthermore: If you are able to acquire even one BTC today: Enjoy the feeling. You are an early adopter. And one of a very select number of humans. Owning just ONE BTC means that you are--at minimum--in the top 0.2% (17M / 8Bn * 100*100&ie=UTF-8&oe=UTF-8)) of the human population in terms of total possible bitcoin wealth distribution. The percentage is much lower than that, of course, given that there are lots of whales out there with 1000+ BTC each.
Edit: And never-mind the idiots that will say something asinine like "my pubic hairs are limited in number too...does that make them valuable?" Your pubic hairs have zero network utility, whereas every day Bitcoin proves it has extraordinary utility as (perhaps) the most perfect form of money humans have yet created.
Stack those sats!
That is all.
submitted by Kinolva to Bitcoin [link] [comments]

REMINDER: There aren't enough BTC for HALF of today's millionaires to own JUST ONE. Owning ONE bitcoin puts you--at minimum--in the top 0.2% of the human population in terms of total possible Bitcoin wealth distribution.

Let me remind all you old timers, and inform the newbies: There will only be a maximum of 21 million bitcoins. Ever. Approximately 4 million have been permanently LOST, bringing the maximum circulating total to 17 million. This total number won't be reached until 2140 due to Bitcoin's issuance schedule. This is "quantitative hardening."
Total number of millionaires (in USD value) worldwide is around 33 million (source).
The factual math is simple: there is not enough Bitcoin in the world for even HALF of today's millionaires to own just ONE SINGLE BITCOIN. Much less all the future millionaires that will be born as the human population approaches 10bn.
Bitcoin is SCARCE. Check out the S2F model for a good explanation of why scarcity and value correlate. Recently updated to the S2FX model for a model that incorporates more data, and is more accurate.
Furthermore: If you are able to acquire even one BTC today: Enjoy the feeling. You are an early adopter. And one of a very select number of humans. Owning just ONE BTC means that you are--at minimum--in the top 0.2% (17M / 8Bn * 100*100&ie=UTF-8&oe=UTF-8)) of the human population in terms of total possible bitcoin wealth distribution. The percentage is much lower than that, of course, given that there are lots of whales out there with 1000+ BTC each.
Edit: And never-mind the idiots that will say something asinine like "my pubic hairs are limited in number too...does that make them valuable?" Your pubic hairs have zero network utility, whereas every day Bitcoin proves it has extraordinary utility as (perhaps) the most perfect form of money humans have yet created.
Edit #2: Yes. I have said all of this before. But there are new people arriving in this sub every day. And very few people go back and read posts from 1+ month ago...
Stack those sats!
That is all.
submitted by Kinolva to Bitcoin [link] [comments]

LET THIS SINK IN: There aren't enough BTC for HALF of today's millionaires to own JUST ONE. Owning ONE bitcoin puts you--at minimum--in the top 0.2% of the human population in terms of total possible Bitcoin wealth distribution.

There will only be a maximum of 21 million bitcoins. Ever. Approximately 4 million have been permanently LOST, bringing the maximum circulating total to 17 million. This total number won't be reached until 2140 due to Bitcoin's issuance schedule.
Total number of millionaires (in USD value) worldwide is around 33 million (source).
The math is simple: there is not enough Bitcoin in the world for even HALF of today's millionaires to own just ONE SINGLE BITCOIN. Much less all the future millionaires that will be born as the human population approaches 10bn.
Bitcoin is SCARCE. Check out the S2F model for a good explanation of why scarcity and value correlate.
Furthermore: If you are able to acquire even one BTC today: Enjoy the feeling. You are an early adopter. And one of a very select number of humans. Owning just ONE BTC means that you are--at minimum--in the top 0.2% (17M / 8Bn * 100*100&ie=UTF-8&oe=UTF-8)) of the human population in terms of total possible bitcoin wealth distribution.
Edit: And never-mind the idiots that will say something asinine like "my pubic hairs are limited in number too...does that make them valuable?" Your pubic hairs have zero utility, whereas every day Bitcoin proves it has extraordinary utility as (perhaps) the most perfect form of money humans have yet created.
Stack those sats!
That is all.
submitted by Kinolva to Bitcoin [link] [comments]

Five reasons why the bitcoin wealth distribution is skewed

Five reasons why the bitcoin wealth distribution is skewed submitted by Chrysalisair to Bitcoin [link] [comments]

Bitcoin wealth distribution.

Bitcoin wealth distribution. submitted by 0n10n_ to dataisugly [link] [comments]

08-16 21:53 - '5 reasons why the bitcoin wealth distribution is skewed - good reminder as recent news about this is false!' (self.Bitcoin) by /u/Redditorrated removed from /r/Bitcoin within 2375-2385min

'''
" top 2.8 percent of wallet addresses control 95 percent of the supply of bitcoin, according to statistics "
  1. Satoshi Nakamoto's wallet has 700,000BTC to the tune of $7.4 Billion dollars
  2. Lost wallets including the guy who threw away his hard drive along with $86 million in BTC
    1. Possibly up to 3.8 million BTC lost = 20% of all current BTC
  3. Exchanges hold much of the BTC as many keep BTC there 727,000 BTC about 4% of all current BTC
  4. All of the empty wallets Exchanges use for each account. Many people will have numerous wallets in different apps on different Exchanges and some have multiple accounts on the same Exchanges = millions of empty BTC wallets
  5. How many wallets are tied too each person is the key to this false assumption.
One thing we CAN ALL agree on, 2.8% DOES NOT control 95% of all current BTC.
..and one last thing we should all be in consensus about, BTFD! It feels goooood! Reeeeaaaal good. Locking in at $9,700 again...honestly didn't think i would see 9's I was hoping for some 8's but too greedy, I want to sleep and now I can, peacefully I might add. BTFD makes for a soft pillow at night my niggas.
[End of the world? Then I'll see you on the moon]1




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5 reasons why the bitcoin wealth distribution is skewed - good reminder as recent news about this is false!
Go1dfish undelete link
unreddit undelete link
Author: Redditorrated
1: i*red*.it/*yalwf*d1kg*1*pn* 2: decry*t.co/8388/f*ve*re***ns-why-bi**oin-wealth-d*s**ib**i** 3: decryp*.co/8388****e-reas*ns**hy-bitc*in-w*alth-di*tr*b*tio**^^*
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Five reasons why the bitcoin wealth distribution is skewed

Five reasons why the bitcoin wealth distribution is skewed submitted by leftok to atbitcoin [link] [comments]

The Bitcoin Wealth Distribution - Balances Across Addresses + User, Wallet, & Holder Stats from Major Companies

The Bitcoin Wealth Distribution - Balances Across Addresses + User, Wallet, & Holder Stats from Major Companies submitted by asunnarborg to Bitcoin [link] [comments]

Very interesting sheet showing bitcoin wealth distribution. Own 15 BTC and be part of the top 1 percent.

submitted by castorfromtheva to Bitcoin [link] [comments]

the top 4.11% own 95% of ALL Bitcoins.....wealth distribution visual

the top 4.11% own 95% of ALL Bitcoins.....wealth distribution visual submitted by gochaita to btc [link] [comments]

the top 4.11% own 95% of ALL Bitcoins.....wealth distribution visual

the top 4.11% own 95% of ALL Bitcoins.....wealth distribution visual submitted by gochaita to Bitcoin [link] [comments]

Bitcoin Wealth Distribution Infographic (x-post /r/infographics)

Bitcoin Wealth Distribution Infographic (x-post /infographics) submitted by Evby16 to Bitcoin [link] [comments]

Is anyone else worried about the bitcoin wealth distribution?

Don't get me wrong I love bitcoin, but the huge inequality in bitcoin wealth distribution could be problematic as time goes on. Is anyone else worried about this or is it a non issue?
submitted by hmmmmmmmmmmmmmmmmm12 to Bitcoin [link] [comments]

Bitcoin wealth distribution

I have seen estimates showing that top 1% bitcoin owners own more than 90% bitcoin. It is only going to get more skewed as more people adopt it (and as BTC value goes up).
If bitcoin adaptation and value growth continues and if Bitcoin becomes the main currency, how will such concentrated distribution affect the economy?
EDIT: source(s):
https://blog.lawnmower.io/the-bitcoin-wealth-distribution-69a92cc4efcc
https://medium.com/@BambouClub/are-you-in-the-bitcoin-1-a-new-model-of-the-distribution-of-bitcoin-wealth-6adb0d4a6a95
submitted by redditguy2019 to Bitcoin [link] [comments]

"The Bitcoin Wealth Distribution" - Insights & Challenges Gleaned from Blockchain Analysis

submitted by asunnarborg to Economics [link] [comments]

The Bitcoin Wealth Distribution - Balances Across Addresses + User, Wallet, & Holder Stats from Major Companies

The Bitcoin Wealth Distribution - Balances Across Addresses + User, Wallet, & Holder Stats from Major Companies submitted by asunnarborg to btc [link] [comments]

the top 4.11% own 95% of ALL Bitcoins.....wealth distribution visual

the top 4.11% own 95% of ALL Bitcoins.....wealth distribution visual submitted by SimilarAdvantage to BitcoinAll [link] [comments]

The Bitcoin Wealth Distribution

The Bitcoin Wealth Distribution submitted by mikedenaliyhoo to Bitcoin [link] [comments]

Bitcoin Wealth Distribution

Bitcoin Wealth Distribution submitted by uttrymeagain to Infographics [link] [comments]

Notes on the Bitcoin wealth distribution

Notes on the Bitcoin wealth distribution submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

The Bitcoin Wealth Distribution

The Bitcoin Wealth Distribution submitted by mikedenaliyhoo to Stocks_Picks [link] [comments]

Income Distribution US bitcoin Smoke Fall Bitcoin Q&A - YouTube Protect Your Bitcoin Wealth - Huge Opportunity Prices for Crypto Ryan Radloff - Coinshares : Bitcoin ETF, ETN, ETP, Financial distribution & bitcoin 2020 potential

Shock horror: Bitcoin’s wealth distribution is outrageously uneven. The top 2.8 percent of wallet addresses control 95 percent of the supply of bitcoin, according to statistics. At first glance, it looks like bitcoin’s community has a more uneven distribution of wealth than the US–where the top 10 percent of citizens hold more than 75 percent of all wealth–and South Africa, the current ... Does Bitcoin have a wealth distribution problem? Before We Get To That, A Hypothetical Question. Before the debate started, the participants introduced themselves and their positions. Lingham questioned whether Bitcoin has lost sight of its end goal. Sadly, for the rest of the hour it felt like Lingham had lost sight of the end goal of the debate. The problem was that he immediately posed ... But how does bitcoin wealth distribution compare to the global distribution of fiat and fixed assets? This gorgeous infographic explains: It turns out that the distribution of bitcoins among users iseven more skewed than the distribution of traditional wealth across the globe. This is understandable, since bitcoin favours early adopters who either mined or purchased their coins a few years ago ... Bitcoin Cannot Address Wealth Inequality . Bitcoin has always seen a massive disparity when it comes to the distribution of coins. While the cryptocurrency came out as a reaction to the financial crisis caused by greedy, “too big to fail” banks, it eventually adopted the same inequality that has been gradually expanding in the traditional financial world. “Bitcoin is also highly exposed to the market share distribution of exchanges, which exercise an outsized influence on the network’s economy. The distribution of volume on fiat-quoted spot ...

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Income Distribution US

Bitcoin Q&A: Wealth distribution statistics by aantonop. 5:44. Bitcoin Q&A: Do altcoins threaten to replace bitcoin? by aantonop. 4:50. Bitcoin Q&A: HODLing and the "get free" scheme by aantonop ... Here's a free anti-FUD 3d animated bitcoin marketing video you are welcome to download and use in your own bitcoin marketing and other crypto story-telling purposes. For the record, no James Bond ... Lior Gantz shares his insights on protecting your Bitcoin wealth, finding opportunities in the markets, and what is going on with Wall Street. Websites https... This video is unavailable. Watch Queue Queue Famous investor unwittingly makes the case for Bitcoin, Chinese courts recognize Bitcoin, and Bitmex may be in trouble! - Buy TIXL Here - https://tixl.me/?re...

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