A recent the study by the National Bureau of Economic Research has revealed that more than a quarter of all Bitcoin (BTC) presently in circulation, is being controlled by a very small percentage (not even up to 1%) of the biggest BTC hodlers.
The report by the American-based private nonprofit research organization claims that of all 18.9 million BTC in circulation, 27% (5 million) is owned by just 10,000 Bitcoin investors, (0.01% of all BTC holders).
The study was originally intended to prove that Bitcoin might not exactly be as decentralized as widely believed, and was carried out by two finance professors.
Igor Makarov of the London School of Economics and Antoinette Schoar of the MIT Sloan School of Management teamed up to conduct the study.
Schoar shares the opinion that despite Bitcoin having been around for so many years, the case is still such that “it is a very concentrated ecosystem”.
Bitcoin Top Hodlers Control Bigger Amount of BTC Than The Richest American Households Do
We współpracy z: https://coingape.com/recent-study-bitcoin-hodlers-raises-concerns-decentralization/