Friday, December 8, 2023

Bitcoin’s 1% club

By DAC000 , in Bitcoin , at December 22, 2021 Tags:

with the 0.01% controlling 27% of the cryptocurrency. About a two minute read.

Comment: we’ve talked about this before and I still call bullshit. They’re doing an on-chain analysis of Bitcoin addresses. Fair enough. Only problem I, like many others, follow best security practices and use a new, unique receiving address for each Bitcoin transaction. And these addresses can’t be connected to each other. Net / net: there are more big hodlers than this analsyis shows. Seems like more FUD from the haters.