95% of Bitcoin is Owned by 5% of Wallets

How is that not a Ponzi scheme?

Because the 5% wallets aren't paid dividends out of the influx of new money, thus not conforming to the definition of a ponzi scheme.

Because most wallets are throwaways. And throughout human history, some people are rich and most are poor. Are you really that retarded?

Look at the top wallets

Those are EXCHANGES

are people becoming more and more retarded or do more people get access to the internet

fucking hell!

Because in capitalism the 8 richest people together own more than the 50% poorest people on Earth. This is actually progressive.

WE NEED CRYPTOGOMMUNISM

kek could you fucking imagine that? except just like in real g*mmunism we'll all have 0.001 BTC and it'll be forbidden to own different cryptos like ETH, Monero, etc.

Seriously though: The top 0.01% of humanity hold all of the coins, while the bottom 99.99% have no coins at all.

How is that not a terrible injustice? It's time to redistribute these coins from the whales to the nocoinetariat.

because bitcoin isn't communism. anyone could have launched bitcoin and mined in 2010 and become a millionaire. thats a lot more fair and evenly distributed than any other money we have.

WE WUZ THE BITSHEVIKS

You figured it out. It's all a ponzi scheme. Now seeing as how crypto is totally worthless you can go ahead and send me your private keys.

p. smart

Do you have legitimate mental retardation ?

Do you actually believe that fiat money is distributed better ?

Then again you are a commie, so of course you are retarded.

oooh... don't let the jews hear ya

there's plenty of them here on Veeky Forums

It is a ponzi, stupid laggard

>How is that not a terrible injustice? It's time to redistribute these coins from the whales to the nocoinetariat.


It is terrible injustice and world is not supposed to be just, plebboy.

People like you will always remain on the losing side.

Most are exchange wallet you stupid fucks

How does that make it a ponzi scheme? Sure, the wealth is unevenly distributed, but that's not the hallmark of a Ponzi scheme.

THE TOP TEN PERCENT OF THE TOP ONE PERCENT OF THE TOP TENTH OF ONE PERCENT OF THE TOP ONE PERCENT

Let's not forget the fuckload of exchanges wallets and lost 2009-10 HDDs with wallet containing thousands f buttcoins.

why are s*cialists allowed to breathe in america

It is

so the dividends are paid with the influx of new money........................

"s*cialists"

Power law applies always, all the time.

95/5 is bullshit tho. Number doesn't account for multiple wallets, the huge number of empty wallets, forever inaccessible wallets and lastly exchanges.