Besides, it has been time proven that any wealth distribution always ends up with a certain elite owning more than most of the common people. No matter how you start.
Yep. That's the fact of the matter. The rich always get richer.
So this problem is something worth talking about. It won't just go away.
Unfortunately, the facts are:
1) skewed initial distribution
2) eventual (price) deflation coz limited supply, causing holders to keep holding and getting richer.
3) skewed distribution will only get more skewed as time passes.
I doubt anything can 'fix' this.
If a new country was being started and a new fiat currency was being distributed and there were no rich people outside trying to get in, the new government would have to distribute the new fiat somehow. But they wouldn't just dole it out evenly. They would distribute to people they rationalize as productive ('friends'), and those who provide services in exchange. There would be some sense in that strategy too.
At least with bitcoin, that distribution has been made to nerds, and tbh I'm happier with that idea than with a distribution to political and business friends. I can see why many (most?) would disagree with me tho.
The meritocracy that is open source is likely to produce a different kind of power structure; one that has never been tried before. But it's probably just as corruptible as any previous one
