Post
Topic
Board Bitcoin Discussion
Re: Be careful what you wish for, it might happen
by
hZti
on 15/07/2022, 08:34:00 UTC


The redistribution of Wealth by Bitcoin I have to disagree Smiley Apart from the people that got in really early😊. Rich people are also buying into Bitcoin and will have more units compared to ‘regular’ people. Also they will have more assets to build more Bitcoin using that balance. For me there is no really new dynamic in Bitcoin to change this.



I think the exact opposite, since bitcoin so far has made many people rich that had nothing but interest in coding and cryptography. You could invest next to nothing at the beginning of bitcoin and would be incredibly rich today. It was not a point of how much you would invest, but that you had the nerdy interest to put some time and effort into the project. This is very different to most assets, since those will usually give a fixed return (like 10%) which will make rich people have a higher return than poor people.