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9% of the wallets hold 80% of the value of the market. So much for decentralization. (12ft.io)

submitted 3 years ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 3 years ago

This is complete FUD. How much is held by how few wallets does not of necessity have anything at all to do with how a project is governed or how decentralized it is. Decentralization does not mean that the majority of wallets hold a roughly equal amount in the least.