What entity possesses 90% of the bitcoin?

3 answers

• May 01, 2022 · 3 years ago
  As of now, no single entity possesses 90% of the bitcoin. Bitcoin is a decentralized cryptocurrency, which means it is not controlled by any central authority or organization. Instead, it is owned and controlled by a network of individuals and organizations called miners, who use their computing power to validate transactions and secure the network. This distributed ownership is one of the key features that makes bitcoin resistant to censorship and manipulation.
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• May 01, 2022 · 3 years ago
  Well, if you believe the conspiracy theories, it's the Illuminati! But in reality, no single entity possesses 90% of the bitcoin. Bitcoin was designed to be decentralized, meaning that ownership is distributed among many individuals and organizations. This ensures that no single entity can control or manipulate the currency. So, rest assured, your bitcoin is safe from the clutches of any one organization or group.
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• May 01, 2022 · 3 years ago
  According to the latest data, the entity that possesses the largest share of bitcoin is not a single organization, but rather a group of individuals known as whales. These whales are individuals or entities that hold a significant amount of bitcoin, often in the range of thousands or even millions of coins. While it is difficult to determine the exact percentage of bitcoin owned by whales, it is estimated that they collectively hold around 90% of the total supply. However, it's important to note that the distribution of bitcoin ownership is constantly changing as new individuals and organizations enter the market.
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