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Scraped on 20/09/2025, 16:09:14 UTC
Those who acquired bitcoin in early days got larger share in less price. Later when there are very less bitcoins left to be mined and prices are astronomically high, it will be hard to acquire even fractions of bitcoins. Where is equality concept associated with bitcoin then ?
Which equality concept are you talking about, do you know how many people that owns the bitcoins that has already been mined? then is there a restriction on the remaining bitcoins that are yet to be mined? everyone has the privilege to buy bitcoin even if it's a fraction of it. About those who bought bitcoin earlier how many of them are still holding till date? perhaps some persons must have even sold their portfolio when the price of bitcoin skyrocketed. If we are to check old wallets that are still holding, they are very few wallets, and no one knows if some persons have lost access to their bitcoins because some people that bought bitcoin when it was cheap has lost their seed phrases which means that some wallets will remain dormant forever. Don't get it twisted, it's only few people that are rich in bitcoins.
Original archived Re: Does Bitcoin’s fixed supply cap create inequality over time?
Scraped on 20/09/2025, 16:03:40 UTC
Those who acquired bitcoin in early days got larger share in less price. Later when there are very less bitcoins left to be mined and prices are astronomically high, it will be hard to acquire even fractions of bitcoins. Where is equality concept associated with bitcoin then ?
Which equality are you talking about, do you know how many people that owns the bitcoins that has already been mined? then is there a restriction on the remaining bitcoins that are yet to be mined? everyone has the privilege to buy bitcoin even if it's a fraction of it. About those who bought bitcoin earlier how many of them are still holding till date? perhaps some persons must have even sold their portfolio when the price of bitcoin skyrocketed. If we are to check old wallets that are still holding, they are very few wallets, and no one knows if some persons have lost access to their bitcoins because some people that bought bitcoin when it was cheap has lost their seed phrases which means that some wallets will remain dormant forever. Don't get it twisted, it's only few people that are rich in bitcoins.