Bitcoin Q&A: My response to Jamie Dimon

Bitcoin Q&A: My response to Jamie Dimon

A couple weeks ago, Jamie Dimon criticized Bitcoin. Could you encapsulate, briefly, what his criticism was and then how you would rebut it? Because I’m very interested in the topic. I believe his specific criticism was, and I may paraphrase, that Bitcoin is a fraud, that has no financial basis and is not backed by…

Bitcoin Q&A: Wealth distribution statistics

“What are your thoughts on the fact that only fifteen million Bitcoin addresses hold more than $1 [of bitcoin], and less than five million hold more than $100 worth?” I have been seeing these statistics a lot. The implication here is that wealth is very unequally distributed within Bitcoin. “Five addresses alone hold billions of…

Bitcoin Q&A: Wealth distribution statistics

“What are your thoughts on the fact that only fifteen million Bitcoin addresses hold more than $1 [of bitcoin], and less than five million hold more than $100 worth?” I have been seeing these statistics a lot. The implication here is that wealth is very unequally distributed within Bitcoin. “Five addresses alone hold billions of…

Bitcoin Q&A: Wealth distribution statistics

“What are your thoughts on the fact that only fifteen million Bitcoin addresses hold more than $1 [of bitcoin], and less than five million hold more than $100 worth?” I have been seeing these statistics a lot. The implication here is that wealth is very unequally distributed within Bitcoin. “Five addresses alone hold billions of…

Bitcoin Q&A: Wealth distribution statistics

“What are your thoughts on the fact that only fifteen million Bitcoin addresses hold more than $1 [of bitcoin], and less than five million hold more than $100 worth?” I have been seeing these statistics a lot. The implication here is that wealth is very unequally distributed within Bitcoin. “Five addresses alone hold billions of…