Specifically Bitcoin aggregates too much to the early adopters, because the debasement ends and the mining is ASICs only.
Thus you will end up with only 0.01% with the money and the rest of society pissed off and unemployable.
Perhaps. But that 0.01% still needs to live somewhere, eat, protect their wealth, and buy stuff, meaning someone still has to work to make that for them.
That is not mutually exclusive with providing that for them in an altcoin which doesn't end up in
.