Well people can still buy bitcoin and preserve their purchasing power at the time they buy. But yes, it BTC terms they can stack less.
Discussion
It will still be the haves vs have nots
Some save, some spend all they have. So is the way of the world.
Agreed, I’m just tired of all the “bitty will fix social inequality” tweets
Well it does offer a way to level the playing field, but yeah, won't fix social equality, that takes good and honest leadership of society.
It just fixes the money. Everything else is still on the individual
Yes to a degree. If we also had leadership that wanted civilisation to flourish, this would also have a massive positive impact.
Yeah idk I think that’s what family is mostly for. I am bullish on Trump tho
Well we have had gradually harder communism since 1971. (Earlier for Russia/Eastern Europe). Imagine a society without taxes, no usury for example. That sort of society would have a big impact and that needs to come from the top.
In a world without gold, gold was the most useful thing ever. Because now you could have a way to price things in a very precise way, that doesn't change. This saves a lot of time and allows truly real and efficient capital allocation, allowing for meritocracy and thus real societal evolution and growth.
That's the power of Bitcoin. It's a way to bring meritocracy to the world.
Sure, some people didn't have gold until after some other people and were at loss because of that. But they eventually got there with their work, intelligence and merit.
Because Bitcoin is so valuable, people won't give it away so easily. But they will, people like to do things. Bitcoin will flow to everyone eventually.