Bitcoin was designed as a decentralized digital asset and is not associated with banks or financial institutions
🏆BTC supply distribution has become more even over time
🏆In the beginning, large amounts of BTC were owned by a few people or groups, but now the supply distribution has become more even
🏆Currently, it is estimated that 5% of BTC addresses own more than 90% of the BTC supply
🏆Entities with relatively small amounts of BTC such as Shrimp and Crabs continue to grow in both population and percentage of supply holdings
🏆BTC mining is also increasingly decentralized with thousands of individual miners worldwide participating in the network
🏆Equitable BTC supply distribution and decentralized mining are essential to maintaining the decentralization of the Bitcoin network