10 sats \ 0 replies \ @Sourcewire 16 Oct 2023 \ on: An uncomfortable Bitcoin criticism: a Court Jester jests bitcoin
I've thought about this before. Since I view Bitcoin as a more fair currency than fiat, the issue of wealth concentration bugged me. I found this article insightful.
https://insights.glassnode.com/bitcoin-supply-distribution/
vs fiat wealth concentration
https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/chart/#range:2007.2,2022.2;quarter:135;series:Net%20worth;demographic:networth;population:1,3,5,7,9;units:shares
Bitcoins distribution isn't equal, but it is fair. If it's distribution was equal, it would not be fair. I believe bitcoins fair rules will lead to a more fair distribution over time compared to fiat.