Topic: Will bitcoin change the distribution of wealth in the world? (Read 3506 times)
No, Clearly No. If wealth distribution in the world many people will become lazier to work and look for jobs since they know there will be budget for them that will come monthly or weekly or what so ever, Bitcoin helps the people who work for it so the distribution depends on how many people are doing crypto per country and how they earn them.
I believe that bitcoin will be able to break the system of unfair distribution of Finance in our rotten economy! Let bitcoin will be similar to the flood and pobyvaet crown on the bold and brazen faces of the government. 
I think that it is not that easy as it appears to enter a crypto world and gain some money here. It is not for everybody
Yes , Bitcoin will affect hardly to the distribution of wealth in the world if Bitcoin was given more and more power than now. It could replace any kind of currency and become the main currency in this world which any country in this Earth can use it like the role of USD for now.
i think from now, we can see many rich people because of bitcoin but I think some of them doesn't show their wealth to public and better to hiding it for ourselves. if we have only 10 bitcoin, we can be the richest person in our city and I think bitcoin is change the distribution of wealth in the world.
every people deserve to be rich but its only depend with that person, he wants to work hard and work smart than the other people or not. because every people has their own opportunity and if he can be rich then he is the lucky person.
every people deserve to be rich but its only depend with that person, he wants to work hard and work smart than the other people or not. because every people has their own opportunity and if he can be rich then he is the lucky person.
Bitcoin is already considered the largest wealth distribution across the world and there's no reason bitcoin can't change that. With many people already benefited from it, i believe that bitcoin is the savior of our financial necessities.
I think you can still earn a bitcoin even though you are not really rich. That means you will have to do a lot more work than others do. Or the simplest way is to earn a lot of Altcoin and transfer it to Bitcoin
Does anyone have information whether bitcoin would distribute wealth more equally across people than the current wealth distribution?
Or would the distribution be even more unfair?
Or would the distribution be even more unfair?
Actually mate to distribute equally to each and everyone of us is impossible since their are a lot of people still didn't believe in crypto currencies as they think it is a scam. Well, basically we need that great way of living as we can have that wealthy life to make us comfortable. Also, it depends on each users techniques and ablity which can have a great amount of reward here in bitcoin community as well as the entire crypto currency community.
Most probably it already changed it. The number of young millionaires increased suddenly in 2017 during the big rally ($1k to $20k) Investment companies are getting involved in crypto currencies and it makes more and more people are investing on cryptos.
I don't figure it would uniformly disperse the riches in this world in light of the fact that there are still individuals who are not adherents of bitcoin and would want to do conventional venture instead of interest in advanced world like cryptographic money.
It might happen. If Bitcoin already become a dominant new economyc system. If the world community already accept bitcoin as dominant currency as currency exchange in trade & business in the world. I am sure that it will happen
Bitcoin is not intend to make a change in the distribution of wealth in the world, but the originators intention is to provide a suitable strong coin to the world community for spending. Most of the people are attracted to it because of its certain positive features suitable to their daily business requirements.First they realized that bitcoin is a new form of economy which is suitable to meet the current economical crises. The bitcoin theory is just contrary to the present financial concepts which we follow world wide,So they are attracted to utilize due to its credibility
Bitcoin can certainly change the redistribution of wealth in the world. We all know that in the present world wealth is combined with power, resources and social relations, and it is time to make some changes to big companies of greedy large consortia, banking and monopoly industries.
No, it will not.
But it gives people from all over the world more opportunities.
But it gives people from all over the world more opportunities.
Does anyone have information whether bitcoin would distribute wealth more equally across people than the current wealth distribution?
Or would the distribution be even more unfair?
Or would the distribution be even more unfair?
this would be scary for the million users of bitcoin, if that will be the case, the millionaires in bitcoin will jump in their seats and run in the streets, this would be so unfair not only to the rich but also to the small time users, it cannot be well distributed and fairly divided because the wealth per user is not balanced. how did you get this idea? this will make users think twice in investing. we all know that the system of bitcoin is anonymous, how can the system know how much of your wealth should be distributed and to whom it be distributed, pretty scary idea.
The potentials of bitcoin cannot be underestimated and who knows maybe it can give the equal distribution of wealth around the globe. Maybe this could be one of the reasons why most great nations are trying to ban cryptocurrency. Maybe they think equal wealth distribution will not be good for their economies or less powerful nations will become powerful.
It is up to the adoption of Bitcoin, if a country adopts Bitcoin then its success and boosting of economical condition is guaranteed if the guiding principles apply. The Bitcoin on different stages acts as a relevant source and people give first priority to this currency as it is responsive to them because it saves you transaction costs and also it is a rapid and easy system.
Yes such change is likely to happen and countries should pay attention and be aware, maybe even work out some strategies.
Bitcoin and crypto currencies generally are helping to create many wealthy people around the world daily almost. But I dont think that it is going to change the distribution of wealth worldwide, because the crypto community is still very slow compared to the whole population.
It will cause a redistribution of wealth to the earlier traders. It can also unfair distribution of wealth especially in countries where bitcoin isn't known
Bitcoin holds enormous potential to make a lot of people rich and prosperous, if bitcoin prices can reach at least $ 100,000 then it can be ascertained that the world's 10 richest people are from bitcoin.
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