A democratized currency sounds kind of neat, but bitcoin was never this. It started out as an oligarchical currency with the halvenings (especially spaced the w

A democratized currency sounds kind of neat, but bitcoin was never this. It started out as an oligarchical currency with the halvenings (especially spaced the way they were). It became oligarchical at the transaction verification level (the level of taxation) when ASICs were developed for it.