Is it not better to call it redistribution of wealth?
There are many bitcoin millionaires out there from simply just holding bitcoin. It does create so many new generation millionaire even the young gen-z can become millionaire from just holding bitcoin.
But the days of becoming a millionaire by holding bitcoin are over. I mean anyone who wants to become a millionaire through bitcoin today needs to have at least tens or hundreds of thousands of dollars to start. We cannot become millionaires with small capital like 10 years ago.
I still think that bitcoin is solving inequality for the banked and unbanked. As for the capital, like earlier it's redistribution of wealth.
Today, bitcoin is considered an investment asset and is worth over $100k, it is no longer cheap and it is not free either. It is not used in payments, currency and to get it we need to have money. So I don't think it solves the problem for people who don't have bank accounts.