but with shiny new technologies
NEW: In the crypto economy, the 1% is old news.
.01% of bitcoin holders hold 27% of all bitcoin! That’s 100x the wealth concentration of the regular economy.
Crypto, which was supposed to decentralize wealth and power, has just made it worse. We investigate with @munecatmusic: pic.twitter.com/fivWPTk12a
— More Perfect Union (@MorePerfectUS) May 20, 2022
.01% of bitcoin holders hold 27% of all bitcoin! That’s 100x the wealth concentration of the regular economy.