Hopefully they will make the world a better place but I think not much will change in the upper strata. Money is money and it all tends to concentrate on the top %
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Hopefully they will make the world a better place but I think not much will change in the upper strata. Money is money and it all tends to concentrate on the top %
Crypto does give an opportunity for people who want decentralization and more freedom to reach the top %.
The question is if those people will still have the same beliefs if and when they arrive and if they are willing to make an effort to spread these, in my opinion, positive values.
take a look at the crypto whales that started early in 2009-2011. Do they look like they are aiming for anything different than what we have today? at the end of the day the exchange charts looks the same as in the fiat world.
humans are humans.
I understand that, but I am talking about guys that bought/mined in those years and just hodl'd. The 'invested €300 in 2010 and kept their coins till the price of €1000/€2000' kinda guys.
I mined 200 BTC in 2010-2011. Did not hodl until today. rarely anybody does unless they forgot about them and remembered a few years later that had them.
Rarely anybody means some & besides that there are people who have been succesful with putting money into a new coin that went up a lot of %. My point is that I agree with you that money flows to the top, which makes total sense, but that new people , who don't suck as human beings, reach that top.