Bitcoin SUPER ELITISM - An older news story that is only becoming more important with time
It is becoming mainstream knowledge that a very few super rich control the extreme majority of Bitcoins in circulation.... but as time goes on and demand increases... with individuals buying tiny fractions of coins on credit, or even loans after drastic measures spurred by FOMO... the effect that these few superwhales can have on quite possibly even the global economy becomes more pronounced.
Its not breaking news... but it becomes more and more important the more time passes and the larger the bitcoin frenzy grows.
One of the heralded benefits to Bitcoin, dating back many years, was its effect on central banking and fiat elitism... now we are seeing that Bitcoin may in fact simply be flawed in purely different (but not superior) ways.
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