What do you think about this comment ?

[doublemore]

It is unavoidable, because early adopters will always have more power comparated to late adopters, no matter what you do.

It is worse with FIAT or with the Internet

Like anything else that starts early you have a few big share holders right.  If people want to create their own coins nothing is stopping them unlike in fiat world. Its a better system overall.

[elite3000]

YouTube comments? Is there anyone who take YouTube comments seriously?

[Btcforall]

YouTube comments? Is there anyone who take YouTube comments seriously?

Why? If there's something good or logical,even YouTube comments can be taken seriously.It is not the place where you put your views that matter,it is your opinion that counts

[n691309]

It means that half of the bitcoins are held by less than thousand people which i think they can manipulate the price as they want am i right?

[BillyBobZorton]

It means that half of the bitcoins are held by less than thousand people which i think they can manipulate the price as they want am i right?

Yes, manipulation in bitcoin is really easy, but once more people enter the market it will be harder and harder, also those whales will naturally sell along the way and end up with less coins.

[n691309]

It means that half of the bitcoins are held by less than thousand people which i think they can manipulate the price as they want am i right?

Yes, manipulation in bitcoin is really easy, but once more people enter the market it will be harder and harder, also those whales will naturally sell along the way and end up with less coins.

1.011 Million people (individuals) are using bitcoin which is a large number and maybe not real for my opinion, so the manipulation comes from the "big fishes"

[johnyj]

I was watching this video : https://www.youtube.com/watch?v=T_hBhymFfm8 then was checking the comments and I found this :




I'd like to hear from you and what do you think about this comment ? is he right or wrong (on the last part )?

This comment is totally wrong. The current system is obviously totally centralized: FED owns every USD that has ever been created, that is 100% of all the money supply. They just spent them so they don't hold them anymore, because they don't need to hold them, they hold assets instead, when they need they just print some

[virtualx]

I was watching this video : https://www.youtube.com/watch?v=T_hBhymFfm8 then was checking the comments and I found this :

I'd like to hear from you and what do you think about this comment ? is he right or wrong (on the last part )?

Compare it with these fiat numbers, fiat wealth pyramid:

> $ 1 million :  0.7 %
$100.000 to $1.000.000 : 7.4%
$10.000 to $100.000: 21%
< $10.000: 71%

Bitcoins wealth is more spread among its users (if your data is correct).