- As people adopt Bitcoin, they can no longer be trampled on by ‘monetary policy.’
- “When the man in the middle is in charge, the vast majority of wealth creation goes to the man in the middle.”
- “The growth of crypto and decentralized finance will ease wealth transfer.”
- The crypto “space is not without wealth concentration issues, but it is an alternative to the existing system.”
As bad as it already was, wealth inequality appears to be worsening. Whether we’re talking about disparities in income or wealth, the gap between the richest and poorest seems only to be widening over time, despite the ostensibly ‘well-intentioned’ efforts of governments to intervene on behalf of the disadvantaged.
Related stories: –Square, Twitter, and Substack are big first movers in Bitcoin payment solutions (FintechNews)