How to treat bitcoin too concentrated in the hands of a few people?

[rontme]

It is said that 40% of bitcoin holds 1000 hands, another 20% masters 80% of bitcoin, and the soaring price of bitcoin seems to be inextricably linked with the big ones. Although bitcoin is regarded as a product of intergenerational times, But what is the real value of the current bubble? Even if there is value, how should bitcoin cope with the problem of being too concentrated in the hands of a few people? Can bitcoin be "currency" if anyone can arbitrarily manipulate bitcoin prices? Can carry the banner against the French currency? Will it be reduced to speculation or will it be replaced by other emerging virtual currencies?

[1715228988]

1715228988

[bunca]

In fact, the fairness of bitcoin's wealth distribution far exceeds that of legal currency. People who put bitcoin at heart are meant to attack bitcoin rather than how to prevent the concentration of wealth / currency.

[tlkchain]

In fact, the fairness of bitcoin's wealth distribution far exceeds that of legal currency. People who put bitcoin at heart are meant to attack bitcoin rather than how to prevent the concentration of wealth / currency.

Bitcoin is gradually decentralized, the distribution of the currency is more and more dispersed, a small number of players from the very beginning owned the vast majority of bitcoin, but now an average of many, and then leave the bitcoin distribution will be more dispersed, natural solution Focus on the problem.

[gulechain]

All over the world, there are thousands of various kinds of virtual currency, the source is open, and unlimited issuance of different types of virtual currency. Fictitious currency is the preeminence of competition, excluding inflation and deflation, is a fully market-oriented currency, focus on the minority is not a problem at all, the market will automatically solve this problem.

[pooya87]

It is said that 40% of bitcoin holds 1000 hands, another 20% masters 80% of bitcoin,

people have always been saying all kinds of weird stuff about bitcoin, you shouldn't believe them.
in fact there is no way of measuring how much bitcoin is held by how many people, which makes those numbers pure guess.

But what is the real value of the current bubble?
how should bitcoin cope with the problem of being too concentrated in the hands of a few people?

hold on a minute...
first you have to prove these two statements (a bubble and being controlled by few people) are true then start discussing about what happens next! you jumped over a step...

Can bitcoin be "currency" if anyone can arbitrarily manipulate bitcoin prices?

bitcoin is a currency and the volatility is not that strange. it is the product of the market being small and full of newbies. and as you can see it has been shrinking over time. for example the wild swings of years ago are not possible today despite price still being too volatile.

Will it be reduced to speculation or will it be replaced by other emerging virtual currencies?

then what is stopping that "emerging virtual currency" from going the same path?

[Suharti12]

Bitcoin will be a digital currency that will always be successful and I do not think there will be any developers for today's digital currencies, because of the many enthusiasts of bitcoin.

[bunsd]

Any kind of wealth in this world no matter in what form, are not all in the hands of a small number of people? If not, I will find it weird

[1doctorco]

Dr. Adoni owns 90% of bitcoin he knows that it is worthless and has no value

You must invest in BizBytes an empire created by Dr. Adoni that has already made all other crypto worthless because it is the amazing coin of revolution change all industries

Dr. Adoni is more than Apple, Google, Amazon combined his empire is biggest the world has ever seen

All the while Dr. Adoni bangs hundreds of super models a day he is a sex god to all women

https://bitcointalk.org/index.php?topic=2827948.0

[blinchain]

With 80% of the world's wealth in the hands of 20%, it is no surprise that Bitcoin is the case. There is absolutely no fairness in the world. We are accustomed to this. Do not be surprised. What we are doing now is not decentralized bitcoin.

[zolfa]

I think the bubble value is now the reaction of all users who start to feel bored with bitcoin development, I think there is no other virtual currency that can replace bitcoin, but bitcoin also need to fix the problem immediately.