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Re: lesgetrich post# 91115

Wednesday, 12/13/2017 11:33:02 PM

Wednesday, December 13, 2017 11:33:02 PM

Post# of 112677
RFLMAO Cash Is A Problem?

RFLMAO. How many people own bitcoins?

1000 people own 40% of the world's bitcoins

http://www.businessinsider.com/40-percent-of-bitcoins-are-held-by-just-1000-people-2017-12

Consider the so-called "father of bitcoin," the pseudonymous Satoshi Nakamoto, who began mining bitcoin when the software to mine the coins first became available in 2009. An account that is likely his now contains about 980,000 bitcoins, worth roughly $15.2 billion. That's about 5% of all bitcoins currently in circulation.



https://steemit.com/bitcoin/@scandinavianlife/how-many-people-own-bitcoin-alt-coins-and-how-large-are-their-wallets

So, somewhere between 0.26% and 0.311% of the world population owns Bitcoin if we assume everyone person only has one address. And more than 56% of the wallets/addresses cointain less than 0,001 Bitcoin. So the average wallet doesn't even cointain $500 dollars like I said. It contains like 10$. Also, most people have more than one Bitcoin address, so the real number of people who actually own Bitcoin should be somewhere between 0.05-0.1%.



The only "problem" mj cultivators and dispensaries have is finding the right bank to deposit their cash with. They just need to look, as there are indeed banks who will take that cash and file the proper forms w/ the government.

How are those 3 Rollie's Rolling Machine's doing? Last time I heard, the dust was causing major problems.....or was it that MCIG sold no service contracts.....

Obitx will have 150 e-coin ATMs collecting dust by the end of February 28th, 2018.......if they're delivered at all. It's not like the 3rd iteration of the Rollie's Rolling Machine was ever independently verified and existed.....except from you; which likely means it never existed. RFLMAO