You are viewing a single comment's thread from:RE: Even in the cryptocurrency markets, the 1% own more Bitcoins than the other 99% combinedView the full contextraptorman (49)in #bitcoin • 8 years ago I could believe that. The 1% have more assets to buy them simply, and to buy hardware to mine them
I read somewhere the mining is predominantly in China thanks in part to cheap electricity.
Could be, could be...
The article is not really talking about the rich owning 99%. It is only saying that 1% of bitcoin owners have 99% percent of the bitcoin. Thanks for your reply.