> Sadly most people don't care nor should have to but the decentralization […]
"Decentralization"? Bank of America Global Research just released a report today that said:
> 1. Concentrated Ownership: About 95% of Bitcoin is controlled by just 2.4% of the accounts, and distribution is heavily skewed towards the largest accounts. By comparison, the latest Fed data suggests that the top 1% of Americans control about 30.4% of all household wealth in the US.
* Francisco Blanch, with Savita Subramanian, Philip Middleton, et. al. "Bitcoin’s dirty little secrets". BofA Global Research, 17 March 2021.
Probably not even Russian oligarchs have that much control.
"Decentralization"? Bank of America Global Research just released a report today that said:
> 1. Concentrated Ownership: About 95% of Bitcoin is controlled by just 2.4% of the accounts, and distribution is heavily skewed towards the largest accounts. By comparison, the latest Fed data suggests that the top 1% of Americans control about 30.4% of all household wealth in the US.
* Francisco Blanch, with Savita Subramanian, Philip Middleton, et. al. "Bitcoin’s dirty little secrets". BofA Global Research, 17 March 2021.
Probably not even Russian oligarchs have that much control.