I stumbled upon the article "What happens if bitcoin succeeds?" in which John Danielsson, Director of the Center for Systemic Risk at the London School of Economics, argues that the inequality between rich and poor will be further exacerbated.
And again, these conclusions are that bitcoin is a bubble, and because it is volatile, it will not be able to equalize with money.
So what are the risks of bitcoin going forward? Is it really capable of seriously dividing society and causing even greater inequality?
When it comes to inequality then it is something that cant really just get rid off.Rich people would always have the advantage since they can accumulate bitcoin as much as they can
compared into those average joes or earners in the market where accumulation is just really like the same when you are just acquiring your salary on a day stable job.
The advantage here is that you do have the full control of your funds and having anonymity on the money you had earned or coins that you have gained.
Succeed? Bitcoin already achieved that on the other part but for inequality? then its impossible.