> Unlike under a Fiat standard, that uneven distribution doesn't benefit them beyond having many Bitcoin; they can't use those Bitcoin to create more Bitcoin, i

> Unlike under a Fiat standard, that uneven distribution doesn't benefit them beyond having many Bitcoin; they can't use those Bitcoin to create more Bitcoin, increasing the gorge between rich and poor. Yes, they can. If anyone wants to use Bitcoin in transactions, since there is a finite supply of it, they have to go to someone who already has it. That person can be willing to lend them some, but will probably will ask for interest. So the rich Bitcoiner will get their original pile back and some extra. This is similar to the gold-based economy (and monetary Gold Standard): they who have the gold make the rules. If someone doesn't want you participating in the economy, they can restrict your access to currency since they own so much of it. Having a fixed/finite amount of money in an economy is a bug, not a feature: * https://en.wikipedia.org/wiki/Great_Bullion_Famine https://en.wikipedia.org/wiki/Great_Bullion_Famine