New top story on Hacker News: It's time for an inequality index for cryptocurrencies distribution
It's time for an inequality index for cryptocurrencies distribution
12 by pog92 | 12 comments on Hacker News.
It is quite famous that 95% of Bitcoin is owned by 2% of accounts. This concentration not only risks to threaten blockchain's own premises, but also exposes minor investors to risk of whales who lead the market and can easily speculate on prices since they can influence the price trends. Is there any crypto inequality index? I thought that Gini index could work too! I would like to find an inequality index in the cryptocurrency description on CMC and similar, it would help me make better investment choices. What do you think?
12 by pog92 | 12 comments on Hacker News.
It is quite famous that 95% of Bitcoin is owned by 2% of accounts. This concentration not only risks to threaten blockchain's own premises, but also exposes minor investors to risk of whales who lead the market and can easily speculate on prices since they can influence the price trends. Is there any crypto inequality index? I thought that Gini index could work too! I would like to find an inequality index in the cryptocurrency description on CMC and similar, it would help me make better investment choices. What do you think?
New top story on Hacker News: It's time for an inequality index for cryptocurrencies distribution
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