Re: Bitcoin trades the inequity of dynastic power for the inequity of early adoption
In one or two years time those 10-15 Bitcoins could be worth the same as what those thousands are worth today. Then there will be more people complaining about the disproportion and unfairness because they didn't get the chance to get in on it earlier.
We agree on the principle, but not on the scale.
When 10 coins will be huge money (if ever) the ones that have 100000 coins will be the new plutocrats. How different it is from the current system we want to "fix"?
Worse still, the shady beginnings of Bitcoin mean we have no real idea anything about people who could end up richer than all the plutocrats in history put together. If these people ever got the world they wish for (Bitcoin economy worth many trillions and dominant online and ubiqitous in real world transactions) we'd could be in a situation even worse than we are now.
I don't think there is an evil masterplan for world domination here. Bitcoin could disappear in a few months if is never going mainstream.
But is true that in the hypothetical case that coin value goes over $75000, somebody with 1M coins will exceed the richest man in the world (Carlos Slim, $73 billions). And there is no proof that nobody has more than a million coins.
