I really had this question in my mind and wanted to ask was that one of the core principle and aim of Bitcoin is providing equal services and treat people equally without discrimination. But If we look at it from the perspective of "Power" it is creating a new generation of people who hold power I.e the early adaptors of Bitcoin (whales) who hold significant economic influence because they accumulated Bitcoin was undervalued.
What prevented you from appreciating bitcoin in your early years?
At that time, bitcoin was available to everyone. But, as you can see, after some time, bitcoin was still distributed unevenly. The world is arranged in such a way that any finances
"flow" from "
weak hands" to "
strong hands".
So is it really solving the problem of inequality or Creating a new generation of people who hold power and shifting the inequality into a new form?( New Elites?)
Would love to hear your thoughts.
Who told you that bitcoin was created to solve the problem of inequality? For some reason, many interpret the purpose of bitcoin in completely different ways, while in a white paper everything is clearly spelled out without the need for different interpretations.
In the current situation (strong appreciation of this asset), bitcoin allows for a new redistribution of financial resources, which has created new financial elites (early investors). Also, these elites are now being formed, like big institutional investors. And as it happens, finances in a new form (bitcoin) allow "
generating" power for their owners.
Inequality can't be eliminated. Never. Especially not with the help of bitcoin. But bitcoin can be used as a social elevator. Look at the early
BTC-investors and everything will become clear.