Bitcoin’s Supply Is More Distributed Than Critics Claim

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter.

One of the most common Bitcoin fear, uncertainty and doubt critiques is that the majority of supply is heavily concentrated in the hands of the few.

Bitcoin’s share of supply held by estimated retail individuals has been taking more share of the network every year.

Many critics cite an address chart like this one and call it truth.

And that 71.5% was an upper bound, i.e., a high estimate of the supply distribution concentration.

The data contributes to the case that Bitcoin is a money designed for and accessible to the common global individual.

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