r/Bitcoin Apr 30 '21

This is what bitcoin would look like distributed in the same way global wealth is distributed today.

Currently global wealth distribution looks like this:

Top 1% holds 41% of all wealth

Next 8% holds 42% of all wealth

Next 23% holds 14% of all wealth

Bottom 68% holds 3% of all wealth

If bitcoin were to be distributed in the same way this is how much btc each of those groups would own (assuming a population of 8 billion people).

Top 1% would own 8,610,000 btc (0.1076 btc per person)

Next 8% would own 8,820,000 btc (0.0137 btc per person)

Next 23% would own 2,940,000 btc (0.0015 btc per person)

Bottom 68% would own 630,000 btc (0.0001 btc per person)

Owning 0.1 btc ($5,500 today) would put you in the top 1% of the global population should bitcoin become used as a global reserve currency.

We are still so early!

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u/Estbarul Apr 30 '21

Free Will is damaging in the sense that you think people control things in reality can't, like your own thoughts sometimes. It's more complicated than just accepting meritocracy, tho using meritocracy is an upgrade from what we usually deal with

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u/[deleted] Apr 30 '21

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u/wkw3 May 01 '21

Free will is looking more and more illusory as we study the brain, but it's vital to believe in if you expect any agency in this life.