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@0xbitcoiner
2,456,424 sats stacked
stacking since: #280679longest cowboy streak: 48npub16mwf2...8gxq4w2myx
Didn't catch @mallardshead's post, but I can already tell it's one of the best I've seen in weeks. Loads of good stuff, totally informative. Thanks!
... there is a persistent market cap weighted bid regardless of price from passive funds.
indeed. now i get it! Like a snowball effect.
I don't quite see the connection between passive investment and this concentration. Isn't it more the sales dominance of these 10 companies?
In this case (GDP) it is among the best. But this GDP doesn't really say much about individuals. GDP ppp brings more information to the table, and in this case Brazil is around position 100 in the ranking (2023).