Everyone knows that global wealth is unevenly distributed. The top 1% has control over almost 50% of the global economy. But how does bitcoin wealth distribution compare to the global distribution of fiat and fixed assets? This gorgeous infographic explains:
It turns out that the distribution of bitcoins among users is even more skewed than the distribution of traditional wealth across the globe. This is understandable, since bitcoin favours early adopters who either mined or purchased their coins a few years ago. Furthermore, the amount of bitcoins in circulation is capped at 21 million, which also helps create an unequal distribution of wealth. Interestingly, the FBI has the second largest known stash of bitcoins, a whopping 174,000 BTC from the Silk Road seizure. It’s unknown exactly when and how the FBI will sell these bitcoins, but the agency should auction them off sometime soon, a common practice for getting rid of assets seized from criminals. All in all, it’s interesting to see such a skewed wealth distribution, and it’s difficult to predict how this distribution will change in the future.
Infographic from WhoIsHostingThis?.
This post was last modified on (Eastern Time): 21/03/2014 18:28