Bitcoin ownership concentrated

or so claims Bloomberg, as published in Straits Times. About a one minute read.

Comment: I buy Bitcoin every week and follow best practices, specifically I ask my wallet to generate a new receiving address for each transaction. These is no known way to link or connect these unique addresses. I’m not the only individual following this best practice. Conclusion: this article is highly flawed.

What is a Cryptocurrency Wallet ?

Ok you need to know what a wallet is, specifically a Cryptocurrency Wallet. So let’s go!