/biz/ - Business & Finance

[Anonymous No.52371391]

How can crypto adoption happen when there is no way for proper, and equitable distribution to occur? With basically every coin nearly 75% of the total supply is slurped up by a small number of people in the first two years, after which it becomes exorbitantly expensive for anyone to get. Bitcoin is a perfect example. Bitcoin is the most highly adopted crypto out there, and yet the cost of even a single coin is more than a decent used vehicle. The average person is going to be stuck with infinitely small fractions at best, while Bitcoin oligarchs would be even more financially dominant than current elites in this “decentralized” future were Bitcoin to become some sort of world reserve currency.

[Anonymous No.52371412]

>some people will be rich and some will be poor
So just like in every other period of human history. I think we'll manage

[Anonymous No.52371444]

>>52371412
The degree of wealth inequality would be so much greater than any other point in history you retard.

[Anonymous No.52371556]

Hedera has solved this by distributing the tokens over a 13 year period
50 billion tokens, 9 decimals
But you are a newfag, what do you know about anything

[Anonymous No.52371600]

>>52371391
Yeah people would be as broke as they are now. I don’t think there’s a scenario where crypto becomes that dominant though. I like to see it as a convenient way to send funds to anyone anywhere.

[Anonymous No.52371658]

>>52371444
Our current elite doesn't just hold old coins minted a hundred years ago, it holds the printing press. That's a bit worse that just accumulating early

[Anonymous No.52371827]

>>52371444
not really
many poors just want to be poor it seems, let them

[Anonymous No.52372197]

>>52371391
BTC about separating money from institutions, not about eliminating inequality.