Post
Topic
Board Economics
Re: Will bitcoin change the distribution of wealth in the world?
by
Darker45
on 15/05/2018, 06:40:42 UTC
Does anyone have information whether bitcoin would distribute wealth more equally across people than the current wealth distribution?

Or would the distribution be even more unfair?

There is no exclusive or significant amount of relationship between Bitcoin and the world's distribution of wealth. Before Bitcoin, there was fiat. Before fiat, there was gold and silver and bronze, and other precious stones I guess. Before that, there was barter. Before that, there was only community ownership. And all through these times, there was never a point when the distribution of wealth was fair. Therefore, I conclude that the unequal distribution of wealth will continue despite the rise of Bitcoin.