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21 sats \ 0 replies \ @justin_shocknet 14h \ on: The bottom 50% of the US households now hold only 2.5% of total US wealth econ
Bears repeating, underwhelming Bitcoin adoption is due in part to the fact that relatively few people have wealth to preserve.
Do these stats include home equity? Retirees loaded up on bonds/annuities? whole life insurance? That'd make it even darker.
It could help people get out of survival mode but they're too busy being in survival mode to parse that.
Chicken-egg problem.