11 years ago
9
927 People Own Half Of All Bitcoins
Finnish entrepreneur Risto Pietilä, an active member of on Bitcointalk.org, has offered an estimate of just how severe this ownership imbalance could be.
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Winklevoss twins back in the news?
Yep they own some bitcoins and are starting a bitcoin business I think.
I guess we will see what comes of it.
Ever since I first heard of bitcoins I've been a bit suspicious of it. Partly it'll be due to ignorance of how the whole "bitcoin mining" works. But these stories seem like the preamble to some kind of financial scandal waiting to happen.
Here is an recent and excellent explanation on how bitcoin works: http://www.michaelni...ocol-actually-works/
Same here..Those who are at the top are making sure very few get many at all, rather like the 1%.
If you really want to know there are some good simple explanations of bitcoin mining on youtube.
Thanks, I'll check that out.
If you really want to know there are some good simple explanations of bitcoin mining on youtube.