Ethereum Cofounder Vitalik Buterin Answers Dr Doom’s ‘Ether Scam’ Claim

in #bar6 years ago

Roubini is not a cryptocurrency enthusiast, and he recently compared digital coins to North Korea. He noted that Bitcoin wealth is more centralized than North Korea wealth, citing the Gini inequality coefficient, which is worse for Bitcoin than the North Korean dictatorship. Statistically, the Gini coefficient, which shows wealth distribution, is 88 percent for Bitcoin and 86 percent for North Korea. A Gini coefficient of 100 means extreme inequality, while 0 suggests perfect wealth equality.

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