It is depressing when you think of it as there are major holders or "banks" in crypto because it is not being spread out enough or adopted fast enough.
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It is depressing when you think of it as there are major holders or "banks" in crypto because it is not being spread out enough or adopted fast enough.
I have to wonder if we can truly call Bitcoin a currency when the vast majority of the outstanding coins are own by a small percentage of the addresses in use.
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
The coins must circulate to make them useful as a currency.
For no it's not, and there are much better options. But I look at BTC as the gold of Crypto.
Honestly it's okay because we can move around these whales due to the ever increasing options, and new technology coming out.