Mr. Tact wrote on Jan 16, 2021, 12:05:
Mr. Tact wrote on Jan 15, 2021, 19:44:
Just saw this tidbit about bitcoin:
Five hundredths of a percent of bitcoin investors control over 40% of all bitcoin, and just under half a percent of all bitcoin investors control over 5/6ths, or 83%, of bitcoin.Take away the estimated 2.7-3.7 million bitcoin which is thought to be "lost" and there isn't much left. If accurate, that would seem to be a major issue for a "non-centralized" currency...
So it's diamonds, with an artificially limited supply to increase prices. A cartel