Wealth will be distributed and re-distributed many times for the simple reason that code can be cloned unlike material wealth like gold. You don't expect in the future one global ledger, one world currency like most nerds here, do you?
So why don't you go and try to convince people your copper ingot should have the same value as a gold ingot in real life? The only thing giving value to gold is scarcity and network effect. You should have no trouble buying up all the cheap copper to corner the market and then presenting your copper as the superior solution to the world. Try it and tell us how it works out.
Bitcoin has no scarcity because it's code, it's not material. Chinese miners can decide tomorrow to change code to produce more than 21 million coins if they think their profit is not enough. Will you switch from this "high security" (in your mind) hashing network to a "low security" fork with a different POW algo or swallow this spit in your face and continue to use Bitcoin?
Network effect is delusioned nerds. 7 billion people in the world don't care and can use whatever their local community adopts to use in the future if it comes to that. You can't compare the network effect and
naturally proven scarcity of gold to Bitcoin unless you're a delusioned nerd.