Does the US hold almost all of the bitcoins?

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It seems to me that most of the people involved in this bitcoin market are from the US.

Are there any statistics that can confirm this?

Also, related question. If this is indeed true, is it reasonable to think that bitcoin was invented by the US in order to destroy the dollar? The US would win because they hold most of the bitcoins, while superpowers like China, who sit on trillions of dollars, would end up with worthless dollars. Does this make sense?

Alex

Posted 2013-12-09T19:31:31.707

Reputation: 508

2There are no precise statistics, but you can make educated guesses about where the BTC are by looking at the trade volumes of large CNY and USD exchanges (and to a more limited degree, the IPs that relay transactions in the network). The rest of your question is mere speculation and any answer would be the same, as such it's not a good fit for StackExchange.us2012 2013-12-09T20:30:34.843

k.. care to share some of those educated guesses?Alex 2013-12-09T20:40:24.300

1http://bitcoincharts.com/charts/volumepie/ will give you a good overview. I'd personally consider it more likely that non-US people are trading BTC<->USD than non-CN people trading BTC<->CNY, so the distribution shifts away from USD a bit, but that's merely my opinion.us2012 2013-12-09T20:53:40.393

interesting pies. it looks like there's a bitcoin war between the US and China :D Could my theory be true?Alex 2013-12-09T21:11:14.873

1Well, if I was a government that planned to burn its own currency to get rid of debts, I would make sure that my fallback plan wasn't a transparent network with no regulatory influence.us2012 2013-12-09T21:33:09.060

you're assuming that all governments have shady intentions :)Alex 2013-12-09T23:54:43.540

Well, if you think that plotting to "destroy the dollar" does not classify as "shady intentions", I'm really not quite sure what to say. (Hint: Such a plan, if carried out 'successfully', does NOT lead to all Americans living happily ever after while the Chinese are crying because their dollars are worthless)us2012 2013-12-10T01:00:30.890

No answers