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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

Crypto Craziness Has Arrived

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Buffalo soldat
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New Zealand
188 Posts
 Posted 06/20/2025  8:08 pm  Show Profile   Bookmark this reply Add Buffalo soldat to your friends list Get a Link to this Reply
Bernie Madoff operated a thriving investment business for a fair few years. Until he didn't.
Do not read this sentence.
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glenmorenee
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United States
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 Posted 06/21/2025  2:41 pm  Show Profile   Bookmark this reply Add glenmorenee to your friends list Get a Link to this Reply
Have to hand it to Bernie for being a genius at manipulating greedy people. His AUM was roughly 65 billion. Just he and his brother pulled it off. Market cap of BTC is about 2000 billion.

This is breakdown of who controls BTC:

Central managers. None (decentralized).

Core developers (key coders). About 5 highly influential individuals, who can only suggest updates which the network has to agree to adopt.

Major institutional holders. 216 entities hold over 6 million BTC

Individual Bitcoin owners. 100+ million globally (all amounts)

Economically active wallets. ~25 million
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