927 People Own Half Of The Bitcoins

Rob Wile | BusinessInsider.in
Dec 10, 2013

Ownership of Bitcoin appears to be highly lopsided.

This has long been a source of consternation in the Bitcoin community, and people like the FT's Izabella Kaminska have written extensively about the implications of this apparent cartel on prices - basically, they get to dictate them, and the rest of us are just price takers.

Now Finnish entrepreneur Risto Pietila, an active member of on Bitcointalk.org, has offered an estimate of just how severe this ownership imbalance could be.

Read more.