Chart shows the % of coins held by different percentiles of holders for four cryptocurrencies. For example, about 85% of bitcoin is held by the top 1% of bitcoin addresses. The most inequal of the four looked at is Dogecoin, with almost 94% of DOGE held by the top 1%. Includes American and World wealth distributions for reference.

Sources and Caveats

Data is compiled in this spreadsheet.

Bitcoin, Litecoin and Dogecoin come from https://bitinfocharts.com/. Numbers are approximate as their data is not broken down by percentile.

Ethereum data comes from BigQuery and is processed by this notebook. Only includes non-contract addresses.

Crypto data includes the “institutional” addresses such as exchanges. For example, the top Ethereum address is one of Binance’s, meaning that it isn’t all owned by one entity (although some might argue about that.)

American data comes from The Federal Reserve’s website.

World data comes from The World Inequality Database.

AKA How to Build Unethical AI in Under an Hour

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https://imgur.com/r/all/4aYN3 (Original source unknown)

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Last year before Groundhog Day, I looked at how accurate Groundhog Day predictions are. Turns out that groundhogs are miserable climatologists. Check out that post for all the incredibly advanced science required to figure that out.

With Groundhog day coming up again I thought we could look back at 2017…

Jeremy Neiman

Coder of random things. Software engineer at Sidewalk Labs. http://jeremyneiman.com

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