Market Report: THE RICH OWN MOST OF THE BITCOINS
Market Mondays
EYL Network
5.0 • 4.1K Ratings
🗓️ 29 May 2021
⏱️ 11 minutes
🧾️ Download transcript
Summary
In this Market Report, Ian talks about the rich owning the majority of the Bitcoins and he also breaks down investing strategies.
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Transcript
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| 0:30.5 | So for all of you that love Bitcoin, it's like, |
| 0:32.9 | yo, it's going to be a decentralized platform. |
| 0:35.5 | Look at this. |
| 0:37.4 | 2.14% of accounts. |
| 0:40.9 | Oh, 94% of Bitcoin. |
| 0:44.9 | To all this, hey, we're going to get off the dollar and we're going to |
| 0:48.8 | transfer the Bitcoin to digital currencies and |
| 0:52.1 | there was talk to even maybe 10 years about the |
| 0:54.0 | marrow being the dominant force. |
| 0:56.5 | Listen, 65% of Bitcoin, mining and is done in China, |
| 1:00.8 | 7.24% in the US, 6.9% in Russia, |
| 1:05.2 | 6.17% in Kazakhstan, the rich own most of the Bitcoin. |
| 1:12.0 | So if they have controlled the dollar and they control all currencies |
... |
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