Comment Comment by starclerk > but only if we all agree."we all" in this case refers to the top single-digit percent of holders [1]. It's no small feat to get consensus there! But it's also not very decentralized/democratized and sounds a lot like our existing financial (or societal) systems.[1] https://news.bitcoin.com/analysis-shows-bitcoin-whales-are-s... -- which optimistically states that only 71% of BTC is held by the top 2%. parent starclerk 5 years ago
"we all" in this case refers to the top single-digit percent of holders [1]. It's no small feat to get consensus there! But it's also not very decentralized/democratized and sounds a lot like our existing financial (or societal) systems.
[1] https://news.bitcoin.com/analysis-shows-bitcoin-whales-are-s... -- which optimistically states that only 71% of BTC is held by the top 2%.