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But it raises the question: who will the "billionaires" be?

The ones who invest a large stake into the system and those that grind harder.

And will that be a bad thing?

Not necessarily

So not the people that build the most value?

In my opinion money that comes in from the outside will be ultimately dwarfed by value that is built from within by a huge margin. It is the value we build from within that entices value from the outside to enter the system.

It is the value we build from within that entices value from the outside to enter the system.

I totally agree