What happens if 25% of BTC is horded by a handful of people?

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Disclaimer – I have the economics education of a child.

The world’s 8 richest people have as much wealth as the bottom half of the global population [source].

Wealthy people tend not to invest a good portion of their wealth, leaving about 30% in horded currency. [source]

Hypothetical: Let's say that in 20 years BTC becomes THE globally recognized currency. What will happen to the value of BTC and the global economy as a whole if a handful of very wealthy people horde a massive portion of the available BTC?

submitted by /u/Garland_Key
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1 Bitcoins

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