Quote:
Originally Posted by crucifissio
90% of all BTC coins are owned by 0.6% of the wallets
98% of all BTC coins are owned by 3% of all wallets...
the same is true for other currencies...they are not decentralized in any way...from mining to ownership, they are controlled by a small few...and this makes them shit for storing value...you are practically gifting your money to the 1%...you put fiat in they take fiat out you are left with an empty bag...but its great for trading  |
But what about Trickle Down Economics? I thought that worked?
You know, when the 1%'s pockets over flow with wealth and the little guys get to catch whatever spills out.