Its not fair of course because its not distributed to all people in the world, it has to be mined by those who first believe it. Those who just learned BTC I guess can't say its unfair because after all you just learned about it. But you have your fair chance to earn it if you have the equipment or you can get to mine the altcoins or buy them. They are still crypto and are going to be valuable one day.
When it is perfectly fairly distributed, I cant guarantee it would have a lot of value, thus is the reality.
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Depends in what you consider
fair. The concept of inequality is a problem in itself; some people consider unfair that some have more than others, despite those having worked or risked more.
Being fair is a very subjective question, and adding a little bit of twisting, anyone can call a unfair into a fair system, do you see why mainstream news advocating how fair USD is while nobody seem to agree with the news.
You could say that's unfair to the poor, depending on where your ideology comes from... Unfortunately that camp is more of the idea of, give the exact same amount to everyone, no matter what. Working or risking is irrelevant. Then you are going to get the other group claim, that is unfair the lazy and do nothing are valued the same than the hard workers, or that you value a hard worker like a parasite.
So what it is fair?
Yeah, fair is very subjective under a globalization climax, Im hoping to see a fair system that you can have a fair share of everything, be it good, cloth, house, health care, every life support need, when it come to risking anything, its going to be so complex, risking is not really a thing to anyone, I see all the people shun risk, a fair system without a risk, did it existed? Of course risk assessment is a must skill to anyone, but the real life do not tolerate anyone who cannot take risk, and it is also how it create a world today, risk and fair didnt really mixed well.