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.
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.
Bitcoin wasn’t created to solve any inequality problem or be a yardstick to social structures and stratification. Bitcoin was created to be a p2p currency that exists on the blockchain, not having any central authority and to enable individuals transact discretely.
Should you choose not to buy in bulk even with the resources at hand or should you choose to not invest in Bitcoin, it doesn’t stop others from taking the initiative and it doesn’t make them have any power to decide how the network is run or how you spend your Bitcoins. Bitcoin is decentralized and you always have your voice on its network through your portfolio.