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> Bitcoin is reproducing the same type of wealth distribution we see in real life. That would be the best it can hope for. But it's very far from that. Just co
by tromp 6y ago
> Bitcoin is reproducing the same type of wealth distribution we see in real life.
That would be the best it can hope for. But it's very far from that. Just consider that one person (Satoshi) holds ~10% of all bitcoin. Or 2 other people (Winklevii) holding a few %.
The poor distribution is amplified by bitcoin being deflationary and emitting half in just the first 4 years (3/4 in the first 8, etc). A coin with a pure linear emission would at least keep eroding any wealth inequalities.