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Cryptoflation
(lemmy.world)
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this post was submitted on 04 Dec 2023
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still, 90% of the Bitcoin is concentrated in the top 1%
That does not make it bad though. Bitcoin is not able to solve all monetary issues nor was it designed to. No monetary system right now solves that issue. This is like saying an EV is bad as it still can speed and kill people without recognizing all the other benefits over gas cars.