It’s not that black or white. You can have a long period of education, building out tools to facilitate trade, adoption by people that need it most. And you could have the opposite - fast appreciation, investment class, trading back and forth for fiat maximizing.

It’s not a matter of will it work or not, but how the distribution will play out over time.

Do we want the wealthiest people to accumulate most, or do we want all people to understand and adopt it?

I believe over the long course it’ll distribute well enough even through trading, but the path to most desirable outcome comes faster if the number doesn’t go up.