What the hell are you talking about? Ofcourse i adopted BTC but it currently can not exist without FIAT Money... Leave the whales now i told what i wanted to tell about them. So nobody is concerned about Fiat profit anymore (LMAO) ? Ofcourse you need FIAT money to survive today. You still can not buy alot of things with BTC and that is what i want to change aswell !!! Do not judge me because your brain can not comprehend

I don't know the fact that how much Bitcoin is held by whales or how much is earned by the common people but the Bitcoin is decentralized as its underlying technology is Blockchain and it is also decentralized.

That's the correct definition, the only decentralized that cannot be change or control is its system which will remain decentralized no matter how may times the whales will manipulate the market. The price could move, but the its system will remain as normal.

How do you know that? How do you know the calculations and percentages? do you know how many bitcoin users there are? more than 10 million users, because in my country there are more than 1 million users, in my opinion the percentage is more than 10%, although I will admit that whales do have an effect, but it does not eliminate decentralization from bitcoin

if you do not have a lot of money to buy many bitcoins, do not be jealous of people who have lots of money to buy many bitcoins. Your post is a great absurdity.

Anyone is free to buy as many bitcoins as you want



I think you should go back to krypton




Good luck

If this claim is true then it is possible that those who researched it mistook wallets owned by exchanges for whales'.
 Besides there is little we can do about whales owning large amounts of bitcoin...They have the right to trade too. What is important though is to ensure they don't manipulate the market.

We could  prevent this (regulate the price) with a stablecoin in this way:
A whale tries to buy 1500btc to raise the price of bitcoin by 30% in a short time, our blockchain algorithm subtract half of the bitcoin (750btc) and move it to Stablecoin and price increases by just 15% instead of the 30%.
If another whale tries to bring down the price of bitcoin by say 20% by withdrawing 2000btc, the algorithm immediately injects about 1500btc from the stablecoin reserve into bitcoin and the price reduces by 5% instead.
This could be done in a decentralized manner through smart contract or some sort of algorithm

So you think these whales are not people  some robots hoarding these coins for them to control the entire financial market in the future  . When 21 million bitcoins are mined it will take more than hundred years and with the way things are going, i cannot imagine the price of bitcoin fifty years from now, let alone hundred years and the so called whales could hold trillions of dollars worth of bitcoin at that time which could consume the entire financial structure.

PS: I liked your comedy and so is my response. If you claim that these random figures are facts, put up some source of study and prove them rather than saying random figures and claiming that to be true  .

you understand decentralization wrong here , it is not about how many people have or hold bitcoin
it is that the network is distributed between many instances , called nodes
if the number of nodes decreases greatly and they are all controlled by the same group of individuals , then you can say that bitcoin is not decentralized
while I agree with the statement that whales can make the price go up or down , they have less and less impact and as the time passes and every coin becomes more valuable
even less of the impact , since to change the price even 500 $ in any direction requires thousands of coins sold
and what do you suggest? whales is the necessary "evil" , same as the rich
our society haven't invented any better form of rule as of yet , so you have to deal with it , besides 90% is an overstatement
I am sure bitcoin is spread very much evenly between the big holders and the miners/general public