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Sk8eM dUb
2275d
Here's a big problem we need to discuss:
The top 100 BCH addresses consistently hold 25 percent of the coins.

https://bitinfocharts.com/comparison/top100cap-btc-bch.html#1y
replied 2275d
why is that a problem?
Sk8eM dUb
replied 2275d
New investors are at their mercy. These holders de facto dictate the protocol. Yayyy centralization of power!

Ver et al think holding mass amounts makes couns more valuable. Wrong!
replied 2275d
If institutions start buying like Goldman Sachs, they will be holding a Sh*t load.
replied 2275d
The wealthy are always going to hold the most money. That's a given. It shows more confidence in BCH that they are willing to hold a lot more than BTC .
Sk8eM dUb
replied 2275d
Shows how much you know about the wealthy.
replied 2275d
Shows how ignorant you are. And your Bat patterns need to go. LMAO. I hope that's not your day job.
Sk8eM dUb
replied 2275d
See you at 500 😘
replied 2275d
Even a monkey can be right every now and then. But your overall record you are probably better throwing darts.
replied 2275d
That is not true at all. Bitcoin is not PoS. It is PoW.
Sk8eM dUb
replied 2275d
Shallow answer as expected. Large holders control the governance because they have the option to sell if they don't like what's happening. It becomes PoS if it's not well distributed.
replied 2275d
No, that is not true at all. Large holders could sell. That might bring down the price of they dumped it all for cash. Kind of an absurd idea though. They would do it for those reasons