I would like to see crypto used more for day to day and business transactions but I guess your point of view is also valid. However I don't see how that will help the wealth distribution as the ones who tend to hold on to it are at least somewhat well-off. Of course I guess it's just the asset game in the stock market where people earn more the longer they hold on to it.
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Werent a bunch of non-well off people the original hodlers of Bitcoin?
So it seems that with each new innovation in this area, it isnt the well off involved to start.
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Yes that was in the beginning but how many of them do you think have sold out? I would think most of them have and there is only a minority of people who did not lose their keys or sell out.
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Well considering that the price was love for a lot of years, it means that there were lots who got in low.
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It might have been a lot of people who got it for low prices but we all know people get tired on sideway markets and they are also quick to take profits.
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