Ngl, Distribution is an issue for #bitcoin

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It’s not so bad, and a lot of the whales are exchanges, ETFs, etc..

If you think this bad imagine fiat.

“The top 1% of American earners now control more wealth than the nation’s entire middle class, federal data show.”

https://www.usatoday.com/story/money/2023/12/06/top-1-american-earners-more-wealth-middle-class/71769832007/

Much worse with #bitcoin

We’re the 1% and we own 100% of all current bitcoins.

Thereof 50% owned by less than 1% of the bitcoiners. Just do the math.

Last week a whale sold 100k bitcoins. Highly appreciated, we need a broader distribution.

So onboarding is the name of the game