There are few people (whales) instead, who basically controls the 80% (maybe more) of the distribution.
You are allowing your bias to taint your view of things. There is no single entity that has more than 5% of the total.
Yes there are Whales but there are also a number of them. Compare that with Vitalik and the Ethereum foundation which control more than 40% of the distribution.
Or Steemit Incs ninja mined on Steem that accounted for like 30%.
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