Bitcoin won't help the economy, especially due to the gini coefficient of Bitcoin's algorithm simply creating another crypto-oligarchy. It's a simple mathemati

Bitcoin won't help the economy, especially due to the gini coefficient of Bitcoin's algorithm simply creating another crypto-oligarchy. It's a simple mathematical model, existing capital has full access to co-opt any crypto software relying on capital based supply generation of the cryptocoins. Bitcoin and other Proof-of-Work systems which run warehouses full of hardware generating random numbers is no different than the existing system, unless you're trying to extract wealth from uninformed targets who are unaware of how the algorithm was designed.