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.
How can Bitcoin solve the global problem of inequality? Because a small group of early adopters got rich? This is not a solution to the global problem of inequality. By the way, having money doesn't automatically give you power. Power is primary, and money is secondary. Any rich man who is not a member of a powerful group can have all his money taken away "according to the law." A person embedded in a power structure cannot be prosecuted criminally, regardless of any of his crimes.
The problem of inequality cannot be solved even if bitcoin, gold, or dollars are distributed equally to everyone. Because the source of the problem does not lie in the uneven distribution of wealth. Inequality is already a consequence of another cause that cannot be solved by technical or economic means.