Bitcoin Forum

Does anyone have information whether bitcoin would distribute wealth more equally across people than the current wealth distribution?

Or would the distribution be even more unfair?

I dont know, and bitcoin can not do it because wealth has already been distributed, only because bitcoin exists doesnt mean that it can make rich everybody, or that a lot of people can be wealth after it pumps to $100k.
And this has already been asked so many times, i am starting to get tired of those kind of threads that are only for spamming purposes.
But no, nobody knows what is going to happen, just try to predict it, it is impossible.

Wealth distribution is in a hand of people,but limiting influance of greedy financial institutions,central banks,big corporation may equal chances and improve economic situation of people living in poor areas.But without people solidarity it cant be done

I agree with the above.

I believe bitcoin and the blockchain technology its founded on has the ability to redistribute wealth and keep that wealth in the hands of those that earn it. 

It won't change anything. Most of the wealth is in the hands of just 1% of the population. How do you imagine this money is going to be distributed among the people? Bitcoin is nothing more but a tool, just like a gun or a knife. It won't do anything by itself, it needs people to operate it the right way. The only way for people to destroy a corporation and make it lose all its money is to stop buying its products. 

It relies to the decision of the people who are involve with the distribution of wealth. It can be unfair for some that will get a small portion of that "wealth" we are talking about and it's a big advantage for those people that will get a bigger portion since the price of bitcoin is not stable and keeps on moving from time to time. So the fairness is still depending on the people who are in that distribution as I mentioned.

It's good to keep in mind here that you need to have money to get money. For the poor who have not gotten into bitcoin yet, it's probably not profitable now. They won't be able to buy enough Bitcoin to make large profits off of the price spikes. I actually think the distribution would end up being a bit more skewed because those who have a lot of money have enough to put into bitcoin and make a profit off of it.

well, the saying money makes money or the more money you have the more you will gain is perfect for this topic, maybe the not so wealthy ones will make profits on very long term on bitcoin and maybe they won't, which in the latter is a shame since poor people have not much to spend, the people who allready have enough bitcoin and wanting more power are the wealthy ones who will profit continiously and eventually will decide who are the real market makers, bitcoin is nowadays expensive, very expensive.

Bitcoin has already changed distribution of wealth in the world, but we should know that the "old" group which was rich is still rich. For changed distribution of wealth i mainly mean that some people became were very rich because of bitcoin. For sure they have changed distribution but not from 1% the richest to 2% but maybe 1.00004% in generall.(it is not much but it is still the change)

There are too many wealth redistribution programs which favor the 1% operating in private and public sectors for crypto to make an appreciable difference in status quo, wealth inequality.

Regulations, taxes and economies are structured to ensure the rich get richer while the poor get poorer. Bitcoin definitely helps to counteract this negative precedent. But there is such a massive and overwhelming precedent towards wealth being further centralized within an increasingly small minority of the population that it would require major social upheaval and a tremendous paradigm shift for a real difference to be made.

For the last few decades a case could be made for inflation(real inflation) growing at a faster rate than wages. That's a negative precedent which may be maintained for only a very finite portion of time before hitting a catastrophic end point where basic living standards no longer are sustainable. This fundamental observation could be a root problem of why demand for things such as homes and real estate have decreased over time despite the states best efforts to reverse the trend via lowering mortgage loan standards. What are the long term implications of this? That may be a good question.

No. If you want to have wealth you will still need to be strategical in your life. Don't spect any distribution of wealth from anything, use the tools that are disponible for you and do the best you can to make progress in your life. Bitcoin is just money and those who hold most coins will continue being rich while those who don't have any satoshi or few satoshis will continue being poor...

That probably will change the distribution of wealth in our society. The trend has already started and it will continue for the times to come. There are lot of people earning in bitcoin are living a decent life only because of their earning through bitcoin. The rising price is giving even more profits to them. So bitcoin has created a parallel economy around the world which is more secure and anonymous in nature. Even though the legal status of bitcoin is still not clear in many countries, but still it has managed a way of getting adopted by the mass.

I don't think it will do more damage to the existing system, but it surely increase the wealth of a certain group people who are tech savy and wiling to work hard to achieve their dreams. However, the time hasn't yet come to comment on this matter. I am sure the time will tell us.

I think wealth distribution here in bitcoin is not equal because it varies upon your campaign. But if you have the same campaign then the distribution is equal.

Bitcoin is not going to change anything like that, you are misunderstanding bitcoin, bitcoin is just a tool, in this case a currency and currencies are only meant to facilitate trade, bitcoin is not going to change the distribution of the wealth, at best the people at the top are going to change and we may avoid some of the issues of fiat but that is all, at the end there are going to be people with many bitcoins and people with almost nothing.

Technological advancement is inevitable in the future in considering the phase of changing everything to digital ideally. Slowly, the developed countries are inclined to that change and are already developing mechanisms to be ready for that change. But the problem lies on countries that are still developing and are on the weaker side of the edge. Their priorities as of now are focused on how to fix their country, rather than providing internet access across their country. This would lead to chaos in the economics if we suddenly change our fiats to digital money.

there is no exact information regarding OP questions and bitcoin users still less than the population people in the world although bitcoin was so expensive but don't mean for those who hold bitcoin will automatically health from their wealth conditions because rich people who have a lot of bitcoin still dominate the major of bitcoin users but very unfortunate that poor people who only able to have bitcoin less than 1 bitcoin still being poor people so there is no difference and the distributions still not equally

Sure, the distribution of wealth will change, but we're also creating wealth. What one person gains wealth from Bitcoin it doesn't mean that someone else has lost an equal amount of wealth


Nah man. Bitcoin makes the market more free, which makes the playing field more fair. Some people will be wealthy and others will not, but that's not an indicative (solely) by the fairness to all.

No,I don't imagine that would happen.Maybe if all this cryptocurrencies hold in future.
For now I think it's doing the opposite.Poor people are promised to get rich if they buy bitcoin and hold,
and the money again goes into the pockets of those rich ones that hold 95 percent of it.

Bitcoin, of course, is more transparent and fairer. 90% of the wealth of the entity is basically in the hands of 1% wealthy people, and basically monopoly of the industry. Bitcoin is definitely not.

Distribution of wealth is quite a big range of  topic but i think bitcoin will sure help people to become more financially stable. It gives opportunity for people who are looking for a full time and part time job. If you meant to focus on bitcoin then it is not that bad especially when you are wise enough on how you are going to manage your digital currency. If you are just havibg it as part time it is not bad as well since it actually consumes less time of you and you get to earn it.

Bitcoin can help in counteracting inequality but to imagine it becoming the driving force to make wealth get redistributed maybe putting unnecessary stress on cryptocurrency...that can just be a hyped expectation. Cryptocurrency is opening us a better and more fair playing field but it will not guarantee that anybody who get into it would be experiencing the same success and financial windfall as the first adopters. Bitcoin can never be a tool for socialism-oriented people, where wealth redistribution can be one of its many goals.

It is just the bridge or the way to distribute fair and neutral wealth to the society and to the people who knows crypto. Central banks, Goverment and any other Authorities in charge for the regulation for the wealth and currency controls and manipulate it for their own selfish reasons like pigs and crocodiles, blockchain technology introduce the freedom and fair way to manage and control your own wealth but the change is always depends to the people.

Bitcoin is neither equally distributed nor it's going to create a system of fair and equal distribution of wealth. Early adopters do have an advantage and since Bitcoins total supply is limited, economic/income/wealth inequality further creates an uneven distribution of Bitcoin.

http://www.cryptocoinsnews.com/wp-content/uploads/2014/03/Who-owns-all-the-bitcoins2.jpg

https://www.cryptocoinsnews.com/owns-bitcoins-infographic-wealth-distribution/

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

,i partly agree with you, anyway lets say giving wealth or money, does it really necessary or would those wealthy personalities agree with it? Of course not. bitcoin is a digital currency, or in other words its money, and the fact that we cannot stop buying what we need from those people who produced our needs, same also as they do, so its not distributed properly, but in fact that money is just circulating,

Even without this though, it would be somewhat not easy for the poor to get their hands on bitcoins so I think there would still be some level of inequality. But as you said, if it's not the greedy bankers and politicians, there are greater chances it would be redistributed.

Just looking around the forums I've seen enough number of people wanting to use bitcoins to donate money. If only the fees were not this high, you can imagine they've already sent thousands of dollars collectively.

There is hardly any reason to deny this fact that most of the wealth is owned by only a few percentage of people. But it is very much expected that bitcoin after sometime manage to change this trend. Bitcoin is very much capable of making anyone rich. Moreover, there are so many unemployed who are earning from bitcoin now. Time is not too far when most of the wealth will be owned by majority of the population.

not just bitcoin but the cryptocurrencies as well.the blockchain will not only change the distribution of wealth but the distribution of all financial aspect..coz this is the alternative way of aerning in the whole world.

It seems to me that you are mistaken. Nobody knows how many bitcoins are now concentrated in the hands of whales. They have a large impact on the market of bitcoins and so you can easily manipulate the price. For poor people their savings in bitcoin is very valuable and therefore, when whales of lower prices in the market, they panic and sell their bitcoins. This leads to the fact that the whales concentrate even more bitcoins in their accounts. Where there is money can not be equal distribution.

Not really. You have to take into account the fact that rich people can get richer in Bitcoin quicker. There will be plenty of new rich people though, with the number of early adopters.

It will depends on the people not bitcoin because bitcoin only offers opportunity for earnings its up to people who join the market to earn bitcoin the reality is that if you have more to invest then you probably has the higher chance to become rich but if a person is haeworking even if he does not have so much money to invest he can become rich thru bitcoin

Rich people can have control over a large number of bitcoins. They raise the price and then sell your coins increasing his fortune several times. When the poor maintain their bitcoins to earn they can stay with a set of numbers on the wallets ktorory will not cost anything.

Certainly, yes. I believe that Bitcoin will change the world distribution of wealth but I do not think it can be evenly done. Now, with Bitcoin, youngsters who follow the trend do come into wealth through their investment in Bitcoin, exposing them to this opportunity that they wouldn't have had. The story of the 12-year old who became rich after he invested his $1000 birthday gift from his granny into Bitcoin is a classical example.

Of making wealth distribution equal is an unachievable goal. No technology can achieve that.

The distribution of wealth of the world has nothing to do with Bitcoin. Bitcoin is just an asset that can be bought, and for buying something, you need money, so basically, only the people with wealth can access Bitcoin, unless someone without wealth has skills to earn it, but if someone can earn Bitcoins, he earn real money as well and he can't be categorized as a poor person.
Bitcoin is just a new face of keeping money. Unlike other third-parties, you are keeping your money within your own reach, but safe, that is what Bitcoin is all about. And, Bitcoin is a kind of money as well, and those who are wealthy can have it, and others, they can only be where they are.

I guess I'll propose a 2-part answer that depends on what we mean by the 'success of Bitcoin.'

Success could mean (1) Bitcoin becomes the dominant form of currency in the world, or large parts of the world; or (2) Bitcoin becomes a major store of value that is traded at high value in fiat currency terms but is not used much for transactions.

For both scenarios, Bitcoin should have a fundamentally beneficial effect on inequality.

Scenario (1) is frankly not likely -- technical issues aside, as Jamie Dimon said, governments are just not going to let a non-state-controlled money take over.  Scenario (2) is looking more and more like where we're headed, where (at least Western) central banks will let Bitcoin go very high and then 'manage' the fiat-BTC exchange rate as a means to support confidence in their fiat money and stabilize the system.

As for the effect on inequality, we first have to understand where the extreme inequality of recent decades, and the inequality of the modern world in general, come from.  The current trend comes from central banks being forced to inflate the values of financial assets to make a small no. of people rich, and hoping that their spending will keep the world afloat, or at least that their spending won't collapse and bring the world down with it.  This is also an extreme-case microcosm of the modern system in general.

The reason this inequality drives even more inequality is that this is an unstable situation.  Spending by the lucky on frivolous luxuries can disappear quickly when the stock market goes down a little, for example.  So central banks must pump more money into the system, even though doing so will only increase the inequality and thus instability!  Asset inflation has become an addiction that can only end in disaster, but that you can't stop either.

With scenario (2) in place, the central banks will be able to, basically, bring about a reset of the entire system.  By owning a lot of Bitcoin and 'managing' the exchange rate, they will be back in a more powerful position where monetary and fiscal policies will have more freedom to rescue the system even if the lucky decide to cut back spending.  The asset inflation can stop, and asset markets will be freer.  In the long run, there's really no alternative.

Yes we didnt know what happened but the only thing we need to do is to believe that bitcoin will help a lot of people to become rich.

Bitcoin does not make the poor people rich. It seems to me that it is not possible. But bitcoin can make those who are willing to work more secure. You can afford to make more purchases but a millionaire you will not become. If you store your bitcoins until he will cost a million dollars then you should not wait and lose everything.

Exactly. Rich people can also manipulate the market and get bigger profits, but the early adopters that started with just a few dollars in their btc invesment, in the long term, they will get rich because that's the beauty of cryptocurrency, the rich won't have absolute control on the price and while they get richer, others will as well and everybody wins (not just the 1%), that's that's the power of a decentralized entity as bitcoin.

To answer OP's question, If we're talking about going against the system that keeps the 1% from getting richer and richer, then bitcoin might be the solution as the distribution of wealth won't have a centrilized entity, but it's very unlikely to happen due to implication of having the govt without control over money would be terrible. If we're talking about fighting wealth inequality around the world, then no, bitcoin won't be of much help in that regard. Besides, that's not the purpose of bitcoin and it's technology.

Fair and neutral wealth to people who got to know crypto first, going with the trend further… The earlier you adopt it, the better.

It doesn’t have to be fair. We cannot expect to have equal distribution of wealth and that was not the main plan. The essence was to have a decentralized currency so as to take away the control from the government and banks.

Those who believed in it and took the risk are already made and nothing anyone can do about it, whoever is in it now and is taking the best advantage of it, will definitely not be compared to someone who comes in the next two years and so on.

This has been widely discussed previously and honestly wealth has no fair distribution and the rich always get rich and the poor remain poor. Now cryptocurrencies cannot change this in any aspect. Both rich and a poor person can invest money into bitcoin and other altcoins and get rich but the gain will be proportional to the capital invested into the crypto. Hence the profit even if both gain, will maintain the difference between their economic status. Thus reiterating the fact that the rich will continue to remain rich and the poor continue to remain poor.

There is no way we can doubt that. Some of them are just solo, without much noise. It would not have taken them anything, to find a way to blend in knowing it is definitely worth the risk and most especially they are in a position to know if something will end up working or not and once they get a hold of that, they step in pretty fast.

So many of them are still going to come in and the poor will definitely just have to dig the scratch and find how they can enhance themselves better than someone else eventually.

Your question is not clear that which wealth you are referring?
If you are referring to the wealth distribution by bitcoin in bitcoins then It will be better to say "fairly" instead of "equally" because bitcoin is distributing the wealth according to the capability of the people that how much a person deserves irrespective of gender, age and nationality so its upto the people that how they avail this opportunity.

I agree, since not all people has access to technology. But I agree that bitcoin is a good way wealth distribution around the world, yeah it creates opportunity to all of us especially to countries who really needs it. This is a game changer.

There is no way that wealth will be equally distributed.

Equality is what some social crusaders like Karl Marx envisaged but I don't think that is possible even with the emergence of bitcoin. The reason for my assumption is this, bitcoin came sometime around 9 years ago, some people new about it and embraced it while others new and didn't embrace it (meaning those people who embraced it would have been richer than those who didn't at that point in time ).

The above is the first scenario. Also, among those who embraced it, some would have lost hope, feelings, aspirations to be rich with bitcoin then either because of one reason or the other(which could be because of slow growth then) and hence, lost there bitcoins, given it out etc.

In the present however, what happened in the past where people didn't believe in it or didn't want to take up the advantage, don't have means to or are waiting for a lower price  ;D is still around us currently.

Therefore, bitcoin is just going to create new rich people .

This is indeed a senseless topic but if you do try to understand on what hes saying about on the equal distribution then it is not really possible and can be solved by bitcoin alone because thinking off that all local fiat supply isnt still diverted to bitcoin itself which means this thing is impossible and also think off that even on bitcoin holding there would be no equality for sure since we cant really avoid that there are really greedy people will surely keep and accumulate much bitcoin as they can.

It's not really senseless. Wealth distribution, maybe is not the right term, he should have said wealth re-distribution. In this sense, it is perfectly possible that bitcoin delivers the biggest re-allocation of capital ever seen in the history of mankind.

Never before people were able to store money out of the reach of any government at a borderless, global level. Every time I fathom this fact I realize how insanely undervalued bitcoin is, and how 3 figures per BTC are a given in the next decade. The ones not holding any BTC are the ones gambling at this point.

Bitcoin is a digital crypto currency. It is not a wealth distribution scheme. People who have the cash and awareness about cutting edge tech in economics are in this crypto world. Even in bitcoin world early adopters are very few and the amount of bitcoin they hold is crazy. It is like traditional economy wealth distibution where top 5 to 10 percent are holding 90 percent of the wealth.
Bitcoin is not different from that. Bitcoin is freedom from the regulation and control of banks, govt on your own money, wealth.
In a way bitcoin is providing fair opportunity to all who are in bitcoin to be controller of their wealth.

We are always going to be in the era of whoever comes first, takes the larger share and apparently the inventor and the rich ones always do before we now start talking about early adopters.

Laggards will basically end up in the last part of the chain to get the little they can lay their hands on to survive and probably by then a lot of jobs would have been on ground as so many of the early adopters would have been able to build a lot for themselves. Even fingers were not created to be equal and that is how life is.

I am not sure if Bitcoin will change the distribution of wealth in the world, but I am almost sure that its helping so many people around the world financially, and that its making new rich people daily almost. Its at least a way for the poorest people and the unemployed to earn their living and make an income from working online with Bitcoin.

It might disturb it, but not so much after all. For it will only make Bitcoin holders richer, and... well, just do the maths: there's 21 M bitcoins. If you want to distribute it evenly, you must give 0.002BTC to each and every humans (something like that). However, as you might know it, Satoshi already holds 1M.
So, even if we share all the remaining bitcoins to everyone, this Satoshi will be 500 000 000 richer than all of us peasants.

In other words, at first, BTC will make richs, richer.
The real question is: will Satoshi-like people will keep all their money, or will they use it to end world's poverty ? Because, there will be a loooot of value re-distributed by this. And it will be distributed to people like... well... us. Not greedy fucks like Steeve Jobs (yes he was a greedy fuck, do your homeworks)

Yes it will change a bit the distribution of wealth in the world, because it is helping to give wealth to new people starting with zero almost, there is so many old holders become already rich only because holding btc for few years

Bitcoin cannot and will not bring about equitable distribution of wealth among the people in the society this is because, wealth is earned based on the amount of your contribution  to get the wealth. Take for example, all of us here in this forum cannot be earning the same amount of Bitcoin or money at the same time because our level varies, so also is Bitcoin and faith currency. I think the distribution of wealth among the people in the society will continue to remain unequal so long the contribution of individual to get the wealth differ over time.

The way I see it, the spammers and account farmers from Africa, Philippines,  Indonesia, and some other relatively poor countries, they're earning quite a bit of change on bitcointalk.  That's a little bit of wealth redistribution right there that otherwise would not have happened if either btc or this forum didn't exist.  And that's all fine and dandy,  but I wish these people weren't destroying a good forum in the process. 

Any other ways, I'm not sure about.  Everything I can think of has to do with means of earning bitcoin right here on bct.

This will be equally divided specially if the bitcoin is declared legal in all countries because the government will create a law or policy of keeping a bitcoin as a wealth will be monitored and will be controlled to ensure the balance of distrubution that might affect the countries economy and might put the government with its people at risk.

I think bitcoin is more helpful that such people who do not have any day job. In fact bitcoin trading is the only why through which one can start instant income as compare to day trading where you need to spend a lot of time for starting a solid business.

If Bitcoin becomes really successful, that's what is waiting for us. Since it is a borderless payment system, Bitcoin can receive investments from all over the world, and if at least 10% of the world's wealth goes into Bitcoin, the small guy that is an early adopter can be highly benefited.

Of course due to the fact that we as a hard-working workers are able to become successful since our profit will be namen after ours and no such thing will stop us from being successful the wealth may be distributed into forum users who continuously find a way to get profit here.

The question is is wealth distribution in the world on equal grand for every body the answer is no, bitcoin can not lead to equal distribution of wealth this is so simply because wealth distribution is already a done deal. Because you need wealth to built more wealth take for example even if bitcoin become $100'000 today is it every body that can afford to have one bitcoin today the answer is no. Does or can the poorest of the poor know and can afford to use bitcoin the answer is still no.
So bitcoin does give equal distribution of wealth in the world.

There's no reason to expect bitcoin to be a magic bullet here that's going to end income equality or more equally distribute wealth. Does any currency have this ability innately? Currency is just a representation of wealth. Changing the medium wealth is denominated in isn't going to make anyone more equal. If you were poor in USD, you're still going to be poor in btc.

I think it could change the regional wealth distribution. @The Pharmacist has already mentioned signature campaign participants from poorer countries.

As the first really global currency it has much more potential than this. It could make it much easier to invest in poorer countries, because it enables true international crowdfunding for everybody in the world, regardless of the region they're living in. Even a shepherd from rural Ethiopia could get investment from everywhere if he has a good idea and a cheap smartphone.

But until now that hasn't happened. I've started a thread about African Bitcoin businesses (https://bitcointalk.org/index.php?topic=2154185) to raise attention, but it got no answers. It's too early still.

Absolutely yes, if you look at all the early people who bought Bitcoins, most of them are probably millionaires by now. None of the big companies and players would've given heed to Bitcoin in its early stages and as a result of its current day value, it is pretty much evident that wealth distribution has been made optimum with the relatively middle class, early investors getting lots of profit.

Wealth doesn't only come from bitcoin and many wealthy people aren't even dealing with this yet. I don't there's going to be much difference in that scale. Though there pf course will be people who will benefit from bitcoin but there's not going to be much difference with wealth distribution in general terms

i think from now, we can see many rich people because of bitcoin but I think some of them doesn't show their wealth to public and better to hiding it for ourselves. if we have only 10 bitcoin, we can be the richest person in our city and I think bitcoin is change the distribution of wealth in the world.

every people deserve to be rich but its only depend with that person, he wants to work hard and work smart than the other people or not. because every people has their own opportunity and if he can be rich then he is the lucky person.

I agree with this. What you have described dear sir is exactly the situation that the bitcoin community is now. It has definitely created new rich people especially since there are early adopters. As nice as equality and equal distribution of wealth sounds, it's not possible with our kind of society. There are classes of people and unless this is eradicated - distribution will not be equal.

Rather, bitcoin has alleviated and given opportunities to those who have less and are now reaping riches from early adoption. It does not distribute wealth more equally across people despite it's availability of use to anyone despite their class or status.

Only a small portion of it, for the same reason bitcoin is an investments and not an airdrop that can be given to anyone who wants it but only to those who invested to it. That obviously needs money and wealth distribution is still dominated by those who were wealthy since bitcoin begun.

If ever this would change, I will not assume it will but hoping this would change and equality be the goal of this community.

It would be impossible to equally distribute the wealth of the wotld, in fact bitcoin will lead to make rich even richer and poor even poorer. Most of the people who got into bitcoin are those who are in the middle class and upper class of society. And seeing how bitcoin grows from the past years, we can expect that those early investors are now richer than before, on the other hand, those who are poor can now never afford obtaining bitcoin. Thus, instead of distributing the wealtg equally, it cause the majority of the poor to become left behind. But on the brighter side, it is good that bitcion is brcoming a ctalyst to make a better living.

I believe Bitcoin will redistribute wealth in the world, I think with the help of Bitcoin a lot of people are making money and that money is going to be used for their own life. Since the Bitcoin is not for a specific people so anybody can join with this system and earn money from here and make wealth for the future purpose.

Well bitcoin and crypto is a making the money to circulate outside the control of countries and banks, a lot people had changed their life already due to crypto world.. what is happening is the money being  avaible to all people, signatures is an example of those for sure not all people belong to the same country, and all of them are being able to get an income. Bitcoin services and products does affect directly the lifes of a lot people, several of them are being able to survive or earn more into crypto as faucets and captcha work then their real salaries.

Definitely,bitcoin would help the distribution of wealth equally in the world to atleast some extent.Now,in today's traditional system,only rich people get more and more rich.Poor get more poor.Rich people enjoy all the  benefits of economy while most of the poor don't even get access to that.But,bitcoin has totally changed this situation.It gives equal opportunities to all people belonging to both developed and under developed countries.

Only thing that people in the under developed countries should have is a device and an internet connection to get access to bitcoins.Most of unemployed youth  belonging to poor communities have got new earning opportunities in bitcoin like mining,trading,participating in signature campaigns,etc.

Probably yes, its like a rural place turn into urban. Those who invest in the place gets their price at the time where the community become urbanized. The same goes for bitcoin, those who collecting it now would make profits in future.

IMO, it could only get more unfair through the passage of time since early adopters who have acquired bitcoins at a low price before would have profited now thus have more wealth than people who recently learned of its existence. Besides equality was never the goal of bitcoin, and the very notion of it in the blockchain is ridiculous as markets would always have whales and small time investors.

Indeed it is but it seems to me that it will not always. Now bitcoin is only the beginning of his way, and is not yet a danger to invented for the rich world's financial system. As only the rich will see as a threat they will ban bitcoin. They controlled all government and all they are interested in maintaining the status quo.

I don't think that the bitcoin will change the concept of distribution of wealth in the world because the only thing that will bitcoin change is the way of getting into a successful journey because instead of working on a daily job which is stable and has a fixed income, you can become successful by working in bitcoin and doing all the opportunities that you can do.

Yes it is true many people are now the highly rich personalities not because of some other reasons but because of bitcoin. They invest in the past or we can say in the early days of bitcoin and now the became very powerful through bitcoin. Since bitcoin value is increasing day by day and because of this it divert the attention of the people towards it self. Yes it is dafinetly true the bitcoin has changed wealth distribution in the world.

Yes there is a lot of the way to get eh money and be the part of the rich status but one and for the most resource is he bitcoin in the bitcoin I am being the bitcoin user and the income of the bitcoin is increasing more and more, I hold the bitcoin for the income because it is giving me all the things that I have dreamed for, I used the bitcoin I and I said to her that the income will be more than this in very short time.

I think realistically bitcoin will have little effect on the distribution of wealth, it will certainly make things a little fairer in terms of reduced power for middlemen, but the largest change will be making some early adopters very very rich, but the numbers are small relative to population.

Hey
:D
Well the distribution is never unfair.. but in fact its more like people who were lucky at first, who somewhere brought bitcoins and forgot about them.. its something that everyone had the chance to buy.. thus its fair anyways... Right now that lucky factor is gone and people are focusing on trading and that depends upon the hardwork you put into it, you collect information and then you work according to it and everyone has a fair chance to get rich, thus its no unfair.

Correct, the distribution of wealth is already unequal and bitcoin cannot change that, people that have more fiat have bigger chances of getting more bitcoin not only because they can buy with their fiat, their wealth was used to get better education as well and as such they can use that knowledge to their advantage and understand that bitcoin is going to be the future and buy even more of it because of that knowledge.

I dont know in which sense you mean distributing? And about bitcoin ,it has proved many times that it can make you rich but it can makes to rich whom?? those who got in satoshi?? obviosly no.
 so those who got fiat money can buy bitcoins and yes that can be huge profit as much as they will buy bitcoins. So greater the amount greater the possibility to be rich.

I don't think bitcoin will spread the economy in the world equally because rich people will always have more opportunity to earn as compared to poor people. There is a wide spread of money all over the world some are very much rich and some are totally empty in finance. But bitcoin can help poor people earn more money more than they earn now.

the will be more opportunity for intelligent and worthy people of having money. But bitcoin will not affect the spread of money in the world.

It probably goes down to the ones who knew bitcoin first, because as early as you get into bitcoins the better returns you'll have. That is based on the current status of the bitcoin.

Well that doesn't chnge the distribution of wealth. It's like that not only in bitcoin. Most of the time the first ones who have balls to take risks end up getting the mkst benefits.

We want better education, better healthcare, better everything and yet our very money does not allow for these things. Our money, enforced by our governments, is what holds us back more than anything. Real economics is not allowed to take place in our current world. But Bitcoin is changing that. And if governments are unable to stop Bitcoin, which it will be very difficult to do, then we are in for a life changing world in the near future. Just as how the Internet removed the lies of religion and government, so too will Bitcoin remove the chains of government.

I think you can still earn a bitcoin even though you are not really rich. That means you will have to do a lot more work than others do. Or the simplest way is to earn a lot of Altcoin and transfer it to Bitcoin

I support your opinion, but you forget the fact that the government long to put up with the loss of his power will not. They can't exist in a fair world. The only way for them to take control of the turnover of the cryptocurrency and destroy it from within. I heard a lot of thoughts about what people want to achieve the legalization of bitcoin. They don't understand that this is the beginning of the end.

Exactly there is an obvious ambiguity about which sort of distribution you are talking about.

What I get from your question is the distribution of money from rich to poor and like you said here, there is no restriction for bitcoin to be used by only one stream of people, no it is not like that. Plus get some amount don’t matter how much it is, buy bitcoins and keep it with you for better future.

Bitcoin is not responsible of the wealth distribution in the world. In fact, wealth is already distributed UNEQUALLY even before the arrival of bitcoin. Putting that into perspective, upper class and middle class people are the ones who will have an easy access to bitcoin while the lower class will be left behind. The case is not that bitcoin will allow people to classify themselves in the wealth ranking, but instead, wealth ranking/status will determine the ownership of bitcoin, although not all people know the concept about bitcoin, and might not even dare to buy it.

Bitcoin is an innovation that is not mandatory for everyone, only people who want to open minds that will gain prosperity in the future. I do not think that this will continue to go well because the more expensive bitcoin price will get stronger competition and conspiracy to get it. But I agree if bitcoin will bring new things and now give many people hope to change their destiny and economy.

In fact bitcoin is a digital currency only, but because of the  fluctuation of the price of bitcoin which mostly due to the adaptation of bitcoin by the people, it s giving some profit to people by investing money there. but i do not think that we can consider bitcoin as a regular business, it is an opportunity for the time being and when people will adopt bitcoin as currency then bitcoin price will become stable and then it will mostly be use as currency for shopping and buying selling purposes.

I really think this is true, just imagine before bitcoin or cryptocurrency is introduced to people. Only those people who are already rich can contribute to projects or ICO, now that we have cryptocurrency, people can contribute and share their funds and gain income through it.

It still depends on the market cap, if the market cap reaches over thousands of trillions of course it will make a big change especially for the rich, so will many rich people from bitcoin, but for now it seems still difficult to replace the richest man from outside bitcoin.

Till now, since bitcoin is still growing and not all country are using it, the wealth of a certain country would not be affected because not all the sectors are involve in the blockchain technology. But for the whole world to have a great distribution of money, it would involve not just a great project from ICO Project because they are all being traded and it is uncertain if where the money really goes because using a blockchain technology have a anonymous addresses that can't be trace.

Yeah many people are starting to earn more money besides earning from their job. So they will buy more. This will help the economy of their country and this will be better for more people.

I also got some extra money by doing investing in some coins.

Bitcoin is a currency, not some kind of charity project, many people would like a different distribution of wealth, but the truth is that even if people consider the current distribution unfair, those that become rich because of their own effort deserve to be rich, the only ones that do not deserve it are those that achieved their wealth by being corrupt and through stealing.

It won't distribute the wealth equally but rather will just reset the people who is considered rich today.

If ever bitcoin reached that stage where it is considered as the currency in exchange of fiat. People who invested on it first will be the new rich people. Imagine how much coin the starters already own by that time and the new comers needs to buy the coin on the price what it is worth by that time. Even if you are a billionaire right now if you were late on investing to the coin your billion will be useless it may only worth thousand or even hundreds of coins by that time.

Currently the richest man in the world is Bill Gates as of posting time. If ever bitcoin replace the fiats who will the richest man be? It is speculated that Satoshi Nakamura owns a million pieces of the coin, if that is true he will be the richest man or any one who owns the most number of bitcoin. So will the wealth be distributed evenly? definitely not.

Well I think no,lets take an example of wealth distribution in america for example, American wealth hast roughly total of 54 trillion dollars, in the first distribution of there wealth was called "the dreaded socialism" because the entire population of america is divided in 5 set and 20% of American wealth will distributed in each set, second is the ideal distribution in this case the total wealth of America was distributed into 4 class, more percent of wealth will go to the wealthy class, but in reality the main distribution of there wealth was go to the wealthy class that poor class well never been distributed, and in that wealthy class one guy have the 1% that even the he/she take home almost the quarter income today, even bitcoin will never change this reality.

I think i wouldn't be fair as long people stays the same mindset is how was it now. Like how stock market works Bitcoin would be eventually stocked up by another more wealthier side as they have much more resources mining rigs/hash powers/money to lose, and small one like us would be manipulate by their actions in which would eventually chip away our investments as well. The game wouldn't be fair when all kinds of people are playing with the same currency, you just have to be extraordinary smart to survive/profit, Bitcoins are not meant to a savior to the global economy i suppose.

Looking at the capabilities of bitcoin, I am very much positive about this thing that bitcoin is having this much of potential that it can change the distribution of wealth in the country. The way bitcoin is helping so many like us in earning this much amount of money, there are likely chances that soon there will remain no one poor in this world except those who are not knowing about bitcoin.

of course it will change the world the distribution of wealth in the world will make easier that is the essential of bitcoin we all know that bitcoin is good in sending money :) the world is changing and bitcoin is part of that changing :)

The wealthy and powerful cannot take away your bitcoins unless you give it to them. So just sit tight and hold. Don't complain about the resources at their disposal, when all you need to do is believe in the long term potential of Bitcoin.

Bitcoin with all its paraphernalia of positivity as to why users adopt it like - removing the chains of government, decentralization etc, it can't distribute wealth equally but can only create avenue for new wealth creation which people who see the vision can become rich and others who don't or who still see it as a bubble and waiting for it to burst; thus people already invested losing their money , would keep being backwards in the distribution.

This is synonymous to what happened in the early adopters

In my opinion it can change, but a little bit. Because if you know bitcoin you have an internet and some extra money to sustain or try bitcoin; you are in the middle level of wealth. If you are in a lower grade of wealth, you will not have an attention to try bitcoin at all, yes you heard bitcoin. But you are not willing to try it, because you want an permanent or regular job.

Yes that is one of the effect of Bitcoin, because Bitcoin is a measure of the total debt that exists today so there will be a massive wealth transfer in our lifetime yes.

If we look at the positive e features of bitcoin, then there will be long list which we’ll get in result. Bitcoin is indeed a wonderful thing world has ever seen. Bitcoin is indeed very much capable of changing the distribution of wealth across the globe, in fact bitcoin is changing the distribution of wealth as there are so many poor and unemployed who are earning a very good amount of money just because of bitcoin.

This is the beauty of bitcoin that nobody can snatch it from the holder without his consent. No matter how high authority someone has, bitcoin cannot be controlled and this is the reason why some governments and banks are against bitcoin as well as all other digital currencies.

Bitcoin is the only hope of people if they want to get freedom in control over their money. Hold on bitcoin and try to not make public announcements about your property.

In my own opinion of bitcoin, one of the major grouse against it is on the basis of distorting the current order where the poor are at the mercy of the rich and with bitcoin on board, a lot of that will change with people having control of their money rather than being forced to put in the bank, put some restrictions in other to make the fund available for the rich to borrow and continue to improvise the poor while they become richer.

yes i should say so. In fact if you just work as hard for it, then you can have or acquire bitcoin, and there are also lots of stuffs you can do about it, with a lot of learnings and knowledge, you can have alternate ways of multiplying your bitcoin, but it will take a long due of process, but at least you got a chance.

Bitcoin really helps me a lot but i think bitcoin will not gonna move or act on it's own it always depends on the person if he will gonna have a large profit i don't think there is equal in this world it is always unfair but it is always in your hands if your gonna be succesful and wealthy. There is alwayd different outcome for every people here so i don't think there will be a equal distribution..

There is a difference between in the world generally and changes that comes to someone personally. So many people do not even have the infrastructure or let alone get information on what bitcoin is all about. Distribution of wealth will only be limited to early adopters and as time goes on, it keeps reducing and reducing until it gets to the point that some people will still end up in the lower chain. You cannot compare your wealth to someone who adopted in 2009/2010 and so on as the years keep increasing.

Probably, unless the rich also does buy bitcoins then the balance will never be toppled. Though since a lot of the early adopters aren't really billionaires then likely the balance may be disturbed. I do believe though that someday bitcoins will be the new currency of the world, if not then likely bitcoins would be the basis of the new currency that the world will adopt.

It is the right time to get in the bitcoin my mate a lot of people are having the resource for the bitcoin price and the income will give the profit and the value will be more than this till now. As much as the people buy the bitcoin they are having the best and the right side of the bitcoin the future will give you the large amount of the money and they are going to have the fun with the bitcoin till long and long.

I believe that the distribution of wealth among the people is base on your contribution to get the wealth or wealthy. Bitcoin is not different from other investment opportunities in the society, and for to be wealthy through Bitcoin depends on the level of your investment in Bitcoin. I don't see Bitcoin to be a medium of redistribution of income or wealth among the people in the society but rather, the distribution of wealth among the people in the society will continue to unfair.

Just like the usual way of life is. Those who see opportunity and make use of it, are always better.
The world is not designed for wealth to be equally distributed. No matter how you want to do it, some will still end up remaining poor and some will remain wealthy and some even wealthier. Bitcoin is just a tool and it is left to those who want to make use of it.

Exactly! Everyone gets an opportunity, some take a hold of it if they have the funds, some who don’t work hard and some even work harder than some with the opportunities bestowed on them and some will just discard it or do so little about it. It is the way things have been designed and the rich or some of the earliest people that adopted will be much more at advantage. Some of us are fighting hard to earn just 1BTC from signature campaign, when a rich person today can afford to buy 10BTC at once and keep without blinking an eye. Just the way it is!

We don't know but if we based on the current analogy in the world who uses bitcoins it change a lot of lives welath will won't distributed in equal whatever we do because our wealth is on our hands.

Yes, there are so many unemployed right now finding something to do and then utilizing all the resources they can get their hands on to enrich themselves.

Still, do not forget that the adoption of bitcoin today is still very low compared to the global population and if we are to look at the value which keeps increasing over time and the rate at which people are spending less, what do you think would happen at the long run. Distribution of wealth will still remain the same as it has always been. Some will get richer and some will still not.

I think the distribution of wealth will still depend on what will be the basis of wealth, if we base wealth on how much oil we have, the middle east will still be considered one of the richest country, since there is still petrodollar, however if the basis will be based on how much bitcoin one has, i think there would be some differences and it would be hard to determine, since bitcoin is anonymous and for security reasons, people might not declare how much bitcoin they have. I think if we look at what is happening right now, the rich today might still be the rich in the future, since they wouldn't want to miss the oppportunity bitcoin can give them and givem the value of bitcoin as of now, those whk have a lot of money can easily buy bitcoin without hesitation. In the future there will be a lot of people who would have made a fortune because of their investment today, i think it is safe to say that japan would be one of the richest country then, since  they accepted bitcoin and other cryptocurrencies wholeheartedly.

I thin it will because bitcoin allowed normal people to invest in big companies. People were able to gain profit through bitcoin. Bitcoin opened a lot of opportunities to people to change their financial status in a good way.

First, I think wealth is not distributed but produced. if you think bitcoin can make a fortune, it's possible, but unfortunately, with bitcoin, rich people become richer, and the poor could get rich. so still, wealth can not be equated smooth in this world. this is because the mindset of people are different. some want to expand their money, some want to spend their money, etc.

Exactly, a lot of it would change. You can make plans for your own freedom if you want to. No restrictions, people get paid based on their work and the government will not just keep monopolizing things the way they always have.

However, this does not mean the rich will still not always have advantage and only the poor ones who had the advantage of adopting early will only end up having their status changed. That is just it and nothing can change that fact. Opportunity comes, some takes it and some are left out to take from the lower part.

This is only true for people who have adopted the bitcoin early. Those who are joining now or later will not have much for them. Those who have entered the market early (at least year or two ago) are finding themselves sitting on pile of gold ( or should I say bitcoin). If These people managed to hold coins till now has resulted in shifting of their class at least one step above. Any one with 10 coins is millionaire in third world country.  On the other hand the rich people who will enter now will also be able to make the fortune because current market price is affordable to them.
Apart from that nothing more is going to happen. Bitcoin is a train that has gone for poor and middle class.

I can’t really tell whether Bitcoin changes the distribution of wealth in the world or not, but I can’t tell that it helped to make lots of poor people rich (and also made some rich people more rich). Well, it’s balancing everything, I believe. I was very poor when I got into this business, and my account was dry as a desert lol. But now, I know how much I’m getting in daily from Bitcoin.

Not only me, I know lots of my friends that also got into Bitcoin now they’re very rich. May looking at all these things, I’m likely to say that it changes the distribution of wealth, but I’m not 100% sure of it.

Presumably it will already have altered the wealth of some individuals (particularly early adopters), many of whom will have been tech savvy.

I think with the help of the bitcoin the distribution of the wealth across the world and across the people will be fairly .
Because with the bitcoin people have the opportunities to handle the money at perfect timing and at perfect place easily .
Here I myself seeing that many people are Rich and many of them are poor but with the help of the bitcoin rich are rich and poor are becoming rich , so here we can understand well that how the market is working well here in the current time .
Here I myself feeling that distribution of the money with the bitcoin from one part of the country to another is much easier , so we can spread own service and business to make easily distribution of money  and better payment system .

Yes the wealth is in the hand of people who passionately work hard to earn more money. So i think wealth is not distributed equally because many of us doesnt connect with bitcoin and with that they will not experienced the benefit of it. Many bitcoin users are now wealthy.

I think Distribution of wealth is in the hands of each of you, we can see rich people because they work onlein in bitcoin, but I think some of them do not show their wealth in public, we better hide bitcoin to invest in the future in order for our goals more of what we get from bitcoin in the future, investing it clearly needs money and wealth distribution for future purposes as well.

It is a fair enough question to ask. Seeing as more than half of the world's wealth belongs to the top 1%, I cannot see how Bitcoin would be able to change that. The ones that are doing extremely well in Bitcoin today got in very early. They may have risen from no money at all to having an extremely large bank now, but even that we know from Bitcoin explorer's rich list data is extremely narrow too. The big ones entering today are the ones with a high level of wealth already, these guys will reap even more benefit and widen the gap more or close the gap that Bitcoin may create for the smaller investors who have been doing well.

In my opinion, bitcoin can not change the distribution of wealth in the world because there are still many people in the world who still believe in some assets that are the main commodity for them to invest and trade in gold and property. Maybe later bitcoin will become one of the more valuable commodities and has the highest value

No, it won't. Smart people who know the game will make a lot of money with crypto. Average people, most of the guys in crypto now, no offense to anybody, won't make much as they make a lot of mistakes. And finally, institutions that would enter bitcoin would eventually make the most (that is if we do not count the OGs that have 10k btc in wallets since 2009).

In my opinion,  it's rather going to be unfair because in bitcoins, the more you invest the more you stand to earn and am sure that the rich are always going to be the ones enjoying the wealth, though bitcoins can make poor people rich, it's the rich who are going to get even richer.

I don't think BTC will do this, but ICOs yes. I strongly believe that ICOs are the future of economy.

It won't be making a big change upon the distribution of wealth. In terms of growth it provides path and support to make lot people to be rich. Distribution of wealth is possible only if a single currency system gets implemented around the globe with universal acceptance.

The bitcoin don't make any change in the distribution in a big term but it may be influence in some people's life who invested very early in the bitcoin and keep hold until they will make a huge profit by doing like this.So we have to invest on bitcoin as soon as possible to make the change in our life too. :)

   I really don't think that bitcoin can change the distribution of wealth in the world . This target cannot be achieved until an unless the poor and the unprivileged people gets to know about bitcoin and start using it . Even if the government use bitcoin to improve the wealth of the people , it will only be able to help a bit because it will also impose some regulations on it . Enlightening the people about bitcoin is the only way wealth distribution can be improved .

It wont affect into such levels, sure bitcoin and crypto is a game where those wich has invested early might have better results, but the thing is 100k people with 0,001 btc wont affect really the wealth at all. But we must remember with crypto money into circulation does changed hands all days, soo i wouldnt be surprised if some people had made fortunes with tiny investment, but it wont affect the country at all.

This is a problem with people cause they think that bitcoin is a magical currency that can make them insanely rich in no time. Will the answer is yes and no cause it all depends on you if you have lots of cash to invest in bitcoin then the price value becomes bullish that could double or triple your investment or you work hard on earning. Bitcoin is just a currency it's entirely up to you, how you gain wealth.

The Distribution of wealth in the world is still unfairer,many countries are surviving in low poverty level and away from basic needs to meet the utility.Even many states and countries per ca-pita income going in negative.Bitcoin is the hope which will equally measurement and distribution of wealth.First of all government should take initiative to create monopoly of Bitcoin and control the economy by bitcoin then as per rules distribute that common people can take advantage.

Bitcoin does present an opportunity for everyone. The only thing standing between people and changing their lives is a choice. So many people are skeptical about bitcoin, but when they read it on the paper bitcoin set the new all-time high record in price, then they keep asking how good is bitcoin. I think bitcoin has huge potential to play the role of distributing wealth to the masses around the globe. But for that to happen so many people must invest in bitcoin for that to happen over time.

I agree, since not all people has access to technology. But I agree that bitcoin is a good way wealth distribution around the world, This is really a good opportunity to all of us especially to countries who really needs it. There's a possible that bitcoin delivers the biggest re-allocation of capital ever seen in the history of mankind.

Still its in ourselves decision how to become rich.Don't think of other people status.Bitcoin is a tool for us to have a chance in getting rich.Focus on yourself and workhard because it is the key to be successful.

While bitcoin is not going to allow for a redistribution of wealth at the same time it is going to allow us to become part of a better economic system, the current economic system is based on debt and to make people work for money that gets less and less valuable, bitcoin will allow for people to work for a currency that gets more and more valuable this will make people more frugal and we will not have millions of useless products we do not need.

Why does it depend on the bitcoin by any means? I mean its not the bitcoin that will decide how to distribute the wealth. Its all upto us, the investors who are making money out of it. The whales (so called) big investors will always get the biggest share of bitcoin because they have invested that much money while on the other hand mid level investors will get mid level returns and so on. That is how wealth will get distribute. Its like tits for tats. You get what you invested and no more or less if its fair. SO no it won’t get equally distributed, with whatever I understood form your question this is the right explanation for this one

Bitcoin become alternate currency that can people have for transaction. It's become opportunity for people to earn money with different way.

If investor dare for investing bitcoin so it will affect on their wealth and global economy in positive way but mostly bitcoin distribution wealth only able to concentrate group rather than fair distribution

So as your explain, USD or Euro are the same as Bitcoin, they were just currencies but they're making the owner gainning wealth. So how can it not with Bitcoin, when Bitcoin was a product which is created by the hi-tech in this Earth?

Yes , Bitcoin will affect hardly to the distribution of wealth in the world if Bitcoin was given more and more power than now.  It could replace any kind of currency and become the main currency in this world which any country in this Earth can use it like the role of USD for now.

I don't agree with you, how the hell Bitcoin can change the distribution of wealth in this world when there are many big banks on the world can stop Bitcoin and the spreading of Bitcoin for anytime?

I also think the same way. As Bitcoin is one of the digital currencies that are now very common among the people in today's world for the sake of money exchanges, funds for businesses and various other purposes, therefore Bitcoins alone cannot decide the distribution of wealth in the world. There are many other digital currencies being used widely for the same reasons.

Yes all it can change is the life of a person and his way of earning at individual levels. But if more and more of the people would contribute to the use of this digital currency then obviously the whole picture would entirely get changed according to the usage of cryptocurrency.

Rather, the second, it was already unfair, and now even more so. Who has a lot of bitcoins will try to sell them at a great price, to those who just start, and so on. Therefore, there is never any equality in finance, in connection with the desire to cash in on others for the sake of its own good.

For sure It is true because as much as the time passing the bitcoin is increasing in the price I hope this will buy the bitcoin and a lot of the people will invest in the bitcoin at the same time, now almost all the people are rich and they are having the best increase in the social media resources to get the best output from the bitcoin  I hope the coming year will be the best year for the crypto currency.

Wealth distribution is totally an impossible fact, because our system never supports as well accepts it. Because with wealth distribution the one who worked for one hour and the one who worked for ten hours get the same pay. It will represent inequality and chaos might get initiated. Bitcoin too the same, for the work users gets paid, everyone can't be given equal wealth. Everyone can be educated equally.

In my opinion, bitcoin has a good future, because many people use it.

It won't actually change the distribution of wealth in the world because the damage has been done already thousands of years ago. It will only give chances and  grab good and fair opportunity to those who have nothing before I mean those who had suffered unfair domination of powerful and greed entities. The world has been controlled by greedy individuals and institution so I think with blockchain technology we can fight against these demons. We can have financial freedom if we are into this technology. Yes the sad reality is it is still unfair because it's been a long time since these entities are ruling the whole world and until these days they are trying to prohibit or they don't want the people to have and use it and they also want to destroy these technologies to discourage people but yeah they can't stop it because Bitcoin is unstoppable.

There is nothing like distribution when it comes to money. You get what you earn. You cant rely on anyone to give you a decent share out of the total wealth in the world. Same is going to be with bitcoins. Its going to be unfair too. Who knows if it even increases income disparity. The ones who come to this world at last will be the ones who would suffer.

Bitcoin is not able to change the distribution of the wealth in the world because still there are a lot of countries that do not support the use of digital currencies either due to the lack of resources and technological advancements. Physical money is a common payment method for the people there and all the better we know is that Btcs have brought a considerable change in the financial status of all those who have been investing into this currency since a long time ago.

That is not the reason, even if bitcoin was adopted globally nothing will change, at most the people at the top will change but that will be it, there is always going to be people that are richer than others that is just the way the world works, some people do not like it but there is nothing we can do change it, there are always going to be rich and poor people, what we need to do is to find a way that those that are poor have a way of life that is not as painful as the one they are living.

Every country has a problem regarding there wealth. They need to have a certain enough income to provide there lifestyles just like there wealth. I believed that bitcoin can changed the wealth of each and everyone of us, as long as to work harder and gaining knowledge about bitcoin. Bitcoin helps the needs of the society since it is a high value crypto currency as of this time. Soon, bitcoin may be implemented throughout in the legalized country and may lead a better future having a good profit, health and a good wealth as well.

It seems that the bitcoin distribution is still unclear, like an anonymous bitcoin, there is no specific data stating that a person is a bitcoin owner. although bitcoin prices are very expensive, it would be difficult to get accurate data, because they are like a stealth.

I definetly agree this kind of statement that bitcoin change the distribution of wealth in other form,because mostly rich people inhibit there asset to there family in the form of money or banks accounts,but in this new era mostly rich people have there wealth in the form of bitcoin,that cannot easy to distribute to the beneficiaries.a person have a asset of bitcoin can change the wealth distribution in the world because ,he can do what ever he can do into his life,by spending all of his treasure  or give it all to his siblings,when the time he dont need it.

Yup that’s the plus point of bitcoin that it is neutral for all regions and more of it btc will help each region to generate its mass as per investor and as which country as most user it will give to that country because using is the main thing and the way bitcoin has blessed its investor if countries will start using it then it will start blessing who region equally and there will be no economy crisis anywhere, btc will be true savior.

I believe the answer is yes, bitcoin will be the reason of changing the distribution of wealth in the world in the future. Bitcoin will change the world map economically and many will benifit of that. People who invested at the beginning of the rise of bitcoin who have a big number of bitcoins will be the very first people to change their lives if they did not already.
It's also the main fiels of investments currently since many business men and rich people want to expend their fortunes by investing in bitcoin.

For me,it depends upon the situation where in ,people who have enough profit can gain more than the average people but  good thing here is the average people will be given a chance to increase his/her level in the society and same as with other people who would like to start bitcoin.

Will Bitcoin change the distribution of wealth of the world? This is obvious! Bitcoin is already making so many people multi millionaires, just like winning the lottery, without doing any work.

It will only continue further as BTC become more famous worldwide and the price goes up and up every year. Eventually it will be worth over $1,000,000 (one million dollars) most certainly!

Well i think bitcoin has really nothing to do or maybe it doesnt effect the distribution of wealth in the whole new world because everything goes here in cryptocurrencyreally depend on the community on how they welcome bitcoin as  thier exyra  source  of income.I think bitcoin is hust an instrulment that needs to be addresed  on evrybody.So thrn if no one or maybe only few believe in bitcoin it doesnt really have the exact power to become an instrument  of distributing of wealth in the whole new modern world.

There are no records of people whose gaining alot in bitcoin and whose holding alot of crypto, it's anonymous the distribution is not applicable for beibg decentralized and confidential.

Good point. I also think that the wealthy, unfortunately, has more capacity through capital to be used to invest in this market of cryptocurrency, especially now that it keeps on soaring in terms of value. I can say that the distribution won't be that much affected, but what will be are the people that have more assets because bitcoin actually makes the gap closer between small and big players in the market.

Bitcoin will not ease the distribution of wealth because those with more money can huy more bitcoin and make more profits.

Those with a lot of bitcoin can potentially infleuence the market to suit themselves.

It may not. There will be new rich gentleman because of bitcoin but the distribution of wealth has something to do with the system and society. Unless this changes, the poor will just continue to become poor or even poorer while the rich will just continue to become rich or even richer. With this kind of society and classes that we have, it makes it hard for the people to level up to a higher class, even with the presence of bitcoin. The wealthy will always have power and privilege, and even with bitcoin they have an upperhand because they have the capital to invest on it.

Bitcoin has no responsibility, about the distribution of money or even the wealth.People gets rich on how they got wise about spending money and how they manage there savings and even investments.

Un even distribution of wealth  are caused by monopoly of some big corporation that want control of resources or some big nation that exploit the natural resources of a
Third world nation.Block chain technology tend to provide a equal ground to all who want business with out third party P2P transaction to avoid monopoly but still thus only having enough capital will dictate the market place.

i will say yes because so many people are having strong believe in bitcoin because because it has increase and improve their source of income. where as in has enter the economy through buying of saling of goods and services

Agree with you because best thing about bitcoin is that it is equally good for all of us no one is bound for the bitcoin, there is no age restriction about bitcoin investment even kids are investing now and using bitcoin signature campaign so why should be bound ourselves, now almost all people are buying bitcoin and getting in crypto currency because it is good for their future and will increase the income for them no matter of which level of society they are.

More and more people are becoming aware about the advantages of digital currency over physical form of currency. In a given community from laymen to professional degree holders, all are involved in bitcoin business now. The bonus point is that you don’t need any degree to get yourself involved in this, all you need is basic knowledge about bitcoin which is available on internet so the ,not so educated ones , are also a part of bitcoin and thus the overall economic condition is moving towards better future.

In my understanding the wealth distribution depends also in the people, how can someone earn money when he is not working for it right? If there are more workers in a certain country of course the wealth distributed in that certain nation would be great compared to a country that has less workers. So the distribution does not really depend on bitcoin itself or the other cryptocurrencies but depends on the people working hard to be wealthy.

Bitcoin may not change the distribution of wealth in the world because bitcoin is not used by the entire world population it has limited users so they will become richer, so how does that affect the wealth of the whole world, the only certain group of people can get advantage from bitcoin not all.

Bitcoin can no doubt change the distribution of the wealth but it cannot do so at some greater extent. Though it is very much capable of doing that as well but for that more number of people need to get associated with that of bitcoin.

Bitcoin is indeed helping so many people who are related to it in making some very good amount of money, thus helping them in having a better living.

Yes, I think so as well. In the wealth of the world, the only count lies on cash which is the Fiat system. Now, when online currency or as we know the cryptocurrencies become part of the count, there would definitely be a big change. We'll be surprised on how poor countries could become stable by then.

Hi,

I think that the answer here is quite ambivalent.

On one side, wealth has already been distributed. So people who already have a lot of money can invest more on bitcoin, take more risk (because even if they lose everything they have invested, they will still have enough for their living) and thus.. mak potentially higher profits and become even richer!

BUT, on the other hand, bitcoin has been designed as a currency that allow people to control themselves and prevent malevolent transactions. Transparency and blockchain are they key concepts here. Will that be enough? I don't know, but what I know is that currently some of the wealthiest people in the world don't really have a job. They just receive money because they are shareholders of large firms... and dividens get higher and higher even if their initial investment has long been repaid!

So maybe... bitcoin can help. A bit! ;)

What I know is that this is just like a game, so not everyone will be so lucky. But I’m very sure of two things which are– helping some poor people to get rich, and also helping some rich people to get even more rich.

Same thing, it also does the opposite of what I just said, which will be– making some poor to get more, and making some rich to lose a part of their money. People who will be lucky are those that are working without investing their money, but I believe it will favor everyone, if you’re smart.

I really don't know if bitcoin can change the distribution of wealth in the world. I have some friends here the become rich because of bitcoin.

There is one thing you are forgetting. Most of these poor countries having a positive change in their economy as a result of bitcoin or cryptocurrency all balls down to their adoption level.

Now, how many of them have access to the Internet to even have an understanding of what is going on and how they can take part in the whole system? The thing is that some will still be limited and there will be nothing like re-distribution of wealth, some who were already rich and ended up adopting it earlier will be richer, some will get rich and some will remain poor, this is how life has been fashioned and there is nothing that can be done about it as it all depends on how early some are able to make use of opportunity to their advantage.

So far as of now the bitcoin distribution is base on whom do investment not by partition. This is not sounds unfair but rather lucky having a huge amount of money nor large amount of bitcoin. The distribution of wealth is not the responsibility of bitcoin admins. World wealth and bitcoin doesn't have any relation to mingle in the center of market attraction. Btc stands by own, while world wealth is founded in different places and own by some big names of people in the wealth industry. The unfair and fair is always the issue of all that bitcoin would not resolve.

In reality the way that wealth distribution works, is some people will get insanely rich, but the vast majority of people will end up just getting rich and selling their coins to people who are extremely wealthy now.

I think BTC will only aggravate the gap between rich and poor!

Rich people have been investing in BTC early and have already acquired wealth!

Some poor people do not even know BTC, and dare not invest in these virtual digital currency!

How many people even in these poor countries are even parts of this now ? The world system has been in such a way that only some set of people will always have the luck to get rich and not everyone will have the chance. The rich ones will still have more advantage.

Let's see it this way, a rich man who has been waiting for the value of bitcoin to drop and understands that this is the future, ended up stashing a lot at around $6000, tell me how the poor even want to have the chance to even buy just a bitcoin. That should give you the picture.

That depends on the investors. I agree that for wealthy people they can make more wealth on Bitcoin. But for the poor to change their life is to start earning Bitcoin now.

It is not like that the bitcoin is the only way to change their lives because they need to become aware that they should do something and find opportunities in life because if they can't afford to access or to have the must have items to be connected with bitcoin then they should just find other ways because there is a lot of opportunities out there to grab and not only bitcoin. #Realtalk.

Well, if the trend that I see happening now can still be sustained for the next 5years, I see Cryptocurrency helping in the distribution of wealth Globally! Seeing people earning from different projects all over the world is quite a massive thing. And like I said all things being equal and time constant, wealth can be somewhat distributed.

I think after bitcoin reach $19k, there will be many newly rich people and I think this will change the distribution of wealth in the world because there are many people from over the world that have many bitcoin. and when the price increase higher, they only sell their bitcoin in a small amount and they can have a lot of money. they don't have to use all of their bitcoin because they are waiting for another higher price in the future.

That is it, only some. We are trying to generalize this whole thing when of course, it is not everyone that is going to be adopting the currency at the same time and we will always have some laggards in which most of the time, the poor ones who do not have a chance to even get to know about it at all, may end up just accepting their fate and end up remaining poor since they cannot even afford it anyway.

Something we are not looking at here is that the rich always have the money, check out the big guys entering the crypto world right now, and the amount they are putting in, can a poor man do that?

In some cases yes it really change the distribution of wealth around the world. It happens to be lots of rich people nowadays are part of using bitcoin. With that the money the earned will invest and grow faster some uses it for trading .

Economical status of a country or even as individual is truly independent on the social perspective or the views of people making as a basic norms to believe in. But it is not an excuse for us to take it for granted. Because in reality we all need to do are part just to have a good future and a better life for a living.

We can't say what was not done yet there are more many things to come that we didn't expected. The distribution of wealth will never become equal. It is attached already in everyones life as we called it Life is Too Unfair.

There is no problem about the distribution of wealth because there is no definite distribution unless there is an undrground distribution of wealth in some countries.
Everyone has the right to be rich as lonh as they worked for it.
Wealth distribution will not be affected by bitcoin.

Wealth will be distributed equally to those who are fully involved in cryptocurrency. Might not be all, but we wont call it unfair. Now since no one is in charge of peoples money and it goes smoothly for everyone,  there wont be unfairness. Everyone will have equal share of what they deserve.

with the recent pumps and dumps as well as regulations coming I do believe that btc will make the gap between rich and poor even larger by taking their investments as well.

The way so many number of investors are investing such a huge amount of money into the world off bitcoin, I am very much sure that in the near future, the distribution of the wealth will be greatly changed and that most of the people will then be having that much amount of money which will help them in having a comfortable lives. Bitcoin is indeed the best thing and it can do lot of wonders to this world.

The only difference it would make is that those who are able to utilize the opportunity to work hard and earn it, most especially for those who do not have much to be able to buy and hold, will end up reaping the benefit. At the end of it all, the rich ones will always still have a better chance of buying in easily and holding a good position for the long run whenever they wish.

Some will get rich, some would not and that normally does not change any fact of what we already have going on in the world. Only the early adopters who were able to understand the whole idea will get more, and there will still be a difference between the rich early adopters and the middle class and so on down the chain. This same happens as we keep moving on and on, so at the end, the rich will always have the highest advantage anyway.

Yes bitcoin changes the distribution of wealth he can make rich people  more Richier and help the poor who keep doing it

Yes. I believe it will contribute big change to distribution of wealth since each amount will depend on the owner of the btc. It will be fair since everyone will be able to get what they deserve in this field and be able to secure their own profits.

I don't think it would evenly distribute the wealth in this world because there are still people who are not believers of bitcoin and would prefer to do traditional investment rather than investment in digital world like cryptocurrency. Maybe bitcoin would eventually change the life of some people who invest on it but it would never distribute the wealth equally to all individual.

Nobody knows perfect answer of this question because it is an electric data and people cannot use at physically. Bitcoin is the most successful coin till now and every people who know about this coin are very thankful and want to join with this coin. I think it will be more useful and expensive coin at future. if anybody can joined with this coin for a long term then they have a very big chance to earn a very good amount of profit from this coin.

There is no cause why this coin will be looser and it will go ahead with great advantage for sure. Many people are joining with it every day and some organizations are also joining with it so that it is changing its way very quickly and day by day its popularity going high. Everything can be happen but the chance of good day for this coin is more expected.

For some reason, it will still a little bit unfair.  Wealthy people do have an edge because they can buy many bitcoin right before hand.  Unlike other people who have bitcoin just because they do some things in exchange for their service.  But as to opportunities to earn, it is given to all equally.

In my opinion, the distribution of wealth depends on certain people, in what ways can one earn a lot of money when he is not working or working right but not enough for everyday needs? If many workers in a particular country may still be able to distribute the wealth in the country that will be even greater than the country with the very few workers. So the essence of its distribution can not be too dependent on its own bitcoin or other crypto but all depends only on people who are willing to work hard to become rich.
But in the end also all rich people will still be able and always have a chance to buy better with easy to hold the best position for a long period of time whenever they want.

I think is not easy thing,changing a world economy is revolution.Bitcoin and crypto is not very popular concept which has that much power...

I don't figure it would uniformly disperse the riches in this world in light of the fact that there are still individuals who are not adherents of bitcoin and would want to do conventional venture instead of interest in advanced world like cryptographic money. Possibly bitcoin would in the long run change the life of a few people who contribute on it yet it could never disseminate the riches similarly to all person.

I get the feeling that right now Bitcoin is where the Internet was in the early 90s. It is still so new that the true beauty of Bitcoin has yet to shine. And it's going to take some time before Bitcoin can shine. Just as it took the Internet a while to develop HTML, modern day browsers, broadband and all the other pieces that make the Internet what it is today, Bitcoin has the same growth period to grow through. We have still yet to see the Google of Bitcoin, or even the Yahoo for that matter. Right now we are still looking at Bitcoin with a text browser from the early 90s. We have a long way to go.There isn't anything that interests me right now the way Bitcoin does. And it has interested me the past 2 years. I think the breakthrough of Bitcoin is the best technological advancement since the Internet. The Internet brought us free distribution of information. Bitcoin brings us free distribution of commerce. And to understand the importance of commerce you have to understand how restricted commerce throughout the world currently is.

True, some think that if a person has more money than another that is unfair but those people never stop to think that person earned that money legally and that means that the distribution of the wealth is fair, a person that invested in bitcoin and then become rich years later deserves to be rich since he took a risk in a new technology, those who did not do not deserve it and they remain poor.

Bitcoin can never redistribute wealth in the world and the distribution of wealth is not done by mathematical calculation but according to your work,and chance. If you don't work or take risk you can never be rich due some are born rich but most other become rich through hard work, so in all if you don't do something nothing will still happen in your financial life.

if a bitcoin is a person who can take advantage of opportunities and always get a profit it is very easy to change the wealth in this world, could be in this world become rich from playing bitcoin.

I don't think that it will change, because before bitcoin introduces to people there is already unequal distribution of wealth in our society. As we can see rich becomes richer and poor becomes poorer, only rich people has the power to control all the businesses because they have enough resources for them to build a business. In this crypto world only those who can afford also are usually the investors that's why they have also bigger chances to earn more and become wealthier. But we cannot predict what will happen in the future, we need to work harder to become rich because we all know that rich people also work hard for them to be able to get what they have right now.

Bitcoin is indeed very much capable of changing the life of anyone and that it can actually help the poor and needy in having some good amount of money too in order to have a better living.

Bitcoin can make us all rich but for that all of us need to invest our money into bitcoin and if investing of money is not possible, then we need to become a part of some signature campaign in order to have some steady income.

Total market cap of bitcoin is still not so big and it is not easy to realize big amount of bitcoins because of the volume. So actually the money of you is not equal to btc price x btc quantity.

Wealth was a general topic, we have different ways of identifying which is more wealthy but if you are referring to money it will never happen unless making of new money will be continuous. Aside from that we should consider other factors that will affect bitcoin in the distribution of wealth such as the knowledge and the willingness of individuals about it.
This seems very impossible especially there are big business owners that gains great profits compared to just normal people.

This is something that I see a lot, many people blame the fact they were born poor but very people people are born rich most of the people that become rich were not rich before so those that give excuses saying the system is rigged never make any progress while those that recognize that even if the system is rigged they can still make money are the ones to eventually become wealthy.

Bitcoin  will partially change the wealth distribution  if it is allowed to stay. Bitcoin  create job opportunities for the unemployed 

To achieve wealth when it comes to money hardwork is needed. you cannot achieve it by simply sitting under the tree and wait for it to fall.You need to do something to achieve that.
Through the help of Bitcoin some already gain their wealth,change their life.For me bitcoin will change the distribution of wealth of the person not the world because not all people accept Bitcoin and know about it.

If you've been round since the beginning (I have) you would see that most of the prominent figures in btc are/have been involved in shady business practices.

Almost all of them spout that same rhetoric about fighting the power but ended up filthy rich and wanting more. Most of them would sell their own mother down the river for a few satoshis.

In a bitcoin maximalist scenario you still end up with a wealthy ruling elite, just a different lot of greedy douchebags controlling all the money.

this will be possible if bitcoin is not banned in most countries, we are still struggling about this issue, if majority of poor people will have access to internet, then there is a chance to equalize this unbalanced wealth distribution so to speak. the sad thing is, this issue about internet access is nearly impossible, plus the rate of uneducated people that can't afford to study, they cannot read or write, if we can look at the statistics of the population of the world, the ratio of rich versus poor is remarkably has a hug gap, so we can fairly say that the current and future status of this ratio will continue to be that way, rich people will continue to be rich and poor people will sadly remain poor, though a small percentage of poor people will have the chance to cross that gap, but still the ratio will remain imbalanced.

I don't figure it might uniformly disperse the material resource during this world in lightweight of the very fact that there ar still people who aren't adherents of bitcoin and would need to try and do typical venture rather than interest in advanced world like cryptologic cash. presumably bitcoin would within the end of the day modification the lifetime of many those that contribute on that nonetheless it may ne'er diffuse the material resource equally to all or any person.

I think if many people join bitcoin world and they try to trade with many coins and they can also make a profit, I think they can have much money. and if more people do it the same with that person and many of them make a profit then in the future, we can see that there are many rich people in many places and this mean bitcoin change the distribution of wealth in that places. and soon, if bitcoin can reach all of the countries and all people can do like that, more people will become a rich person that have much money.

Bitcoin does not change the distribution of wealth in the world. As always rich people have the greater opportunity to earn big here because they have the resources already that they can use in investment. As we all know there is no equal distribution of wealth in this world, the gap between the rich and the poor is very far. In bitcoin, yes it gives us the opportunity to earn and the chance to the unemployed people earn also but we cannot definitely say equal distribution of wealth exist.

I think wealth is not distributed evenly because many of us are not connected with bitcoin and with it they will not feel the benefits. Many bitcoin users are now rich. And wealth is in the hands of people who are eagerly working hard to make more money

There is a common misconception that a majority of the people that are super rich are going to get displaced if bitcoin and other cryptocurrencies become worth a massive amount of money.In reality the way that wealth distribution works is some people will get insanely rich, but the vast majority of people will  just getting  and selling their coins to people who are extremely wealthy now.

I think that bitcoin at the moment, can not affect the money of the whole world. It really does give an opportunity to make money to many people, but rich people can influence the market with the help of huge capital. On this I believe that at the moment it is still too early to talk about the distribution of wealth.

yes I agree with this statement because it seems that really rich people are the only ones who can buy as much bitcoin as they can but it seems that there is currently no limit to having bitcoin.

What is the matter with that? That is the truth and we need to accept that but there is no reason to get jealous to that because even we are poor, we can still own some bitcoin and that is an advantage for us because we are hungry for more and that feeling of being hungry will bring a lot of positive things in life like seeking for more opportunities that will help us to get more experience and knowledge.

I do agree with you at the drowning market price of bitcoin is making every one shiver and they are shaking but it is not advisable to make panic selling as everybody knows bitcoin nature is very different from all other currency, it use to recover very fast it gives profit and will never let you be in lose, even in my society bitcoin most of investors very good in financials and it is getting high in price so, I hope in future bitcoin will introduce most rich generation who will be wealthy and financially independent generation of the age.

Wealth can never and will never be distributed evenly. I feel we are trying to paint some picture here and forgetting reality at the same time. One fact here is that, there is just no way will some people not always be richer than the others. Some will take a great opportunity at an early stage, some will join in the middle of it and the rich ones will always have a good amount to buy at any time, those who lag behind and lower in class at the same time will still remain on that level.

Perhaps i think it will mostly like change the distribution of wealth in the world.There is a common misconception that a majority of the people that are super rich are going to get displaced if bitcoin and other cryptocurrencies become worth a massive amount of money. However, in reality the way that wealth distribution works is some people will get insanely rich, but the vast majority of people will end up just getting rich and selling their coins to people who are extremely wealthy now. Due to many of us having much lower opportunity costs it makes sense that the majority of people buying will be people who had money before bitcoin. The issue of rich or poor is really a mental one. A poor person cashes out fast because they have not seen riches like that before and rich people much slower because they already have the riches before BTC.

The distribution of wealth to the world is much better to those who in need. But for those rich who want to get more richer is not good for them. But because of bitcoin every thing in cryto world wiil be better because of decentralize that couldn't control buy anyone.

Well, the unfortunate thing about all of this is that not everybody will be accepting bitcoin and very few are definitely going to while most of them really are even looking for quick profits. I do not see how bitcoin is going to end up redistributing wealth, what I see here is just the early adopters doing well, those who join in the growth getting lucky and those who are laggards just being a part of an already made structure, but at the end, some will always be richer than the other.

The fact here is that unless we want to deceive ourselves, if rich people start finding the whole bitcoin interesting to put in their funds, then you will definitely discover that they still have an upper hand. Those who adopted earlier and have a lot to hold will definitely have some good hand as well, but most of the people that would be trying to climb the ladder when the early adopters and the rich are already in, are basically the lower class.

No. It will give additional opportunities to earn (and loose) but finally through the natural evolution everything will come to the logical result: smarter and more successful people, and some lucky ones, will have more money and less smart, less lucky and not careful gamblers will loose everything.

Not all people are using bitcoin for now and not all people have a potential to use bitcoin because its for a users who have a access to internet that can use it, so the distribution of wealth may depend on the people who use bitcoin now in present and near future.

I think its the other way around. Remember that you need to have large amount of cash to invest in bitcoin. Those who are in the poor level cannot afford to buy bitcoin since they cannot afford to buy computers, laptops and others. The distribution will still be unequal. Those with knowledge and skills in crypto will become richer and those who are not will just stay the same.

And the problem lies in the field of accepting and authorizing it by the authorities. Third world countries are far behind in this matter.

There is nothing early here because distribution of wealth whether equally or however anyone wants to think it is something that cannot happen. See it this way, as long as you are able to get in now, you are better off than someone in your category who is getting in later on, but you are not better off than a wealthy man who is joining now or has joined earlier or joining later since they would not be getting in small anyway. So, distribution of wealth equally is farfetched.

I'm not sure of that, and I think wealth is not just about financial stuff, this is just my opinion that I think people who deserve to be wealth are those who keep fighting hard and never give up and I'm sure the world is fair enough.

Doubt it. While some of the new entrants might be not from the uber rich, that is not the case now. People can only afford to buy with a small portion of their savings so the fat cats can still have a large part of pie.

At this point buying tiny amounts is what the average Joe can do to get in (remember, you don't always go all in). Mining is capital intensive and not everyone got money for that.

Bitcoin is first and foremost, designed to keep money out of the government's reach, not to address wealth inequality.

It can be both. Through crypto currency, people can invest their money, no matter how big or small it is, and be part of a big project or company. However, it can be unfair especially to those who will be late to learm about it and to those who have a small capital for investment.

I was recently done analysis about Bitcoin contribution to the world wealth. Here we cab't talk about only bitcoin because we have many kinds of crypto currency. So crypto will change the wealth distribution in the entire world in future. But Central bank will not want to give authority to P2P network like blockchain technology . I think it will be regulated first before implementing to the economy.

one of the major grouse against it is on the basis of distorting the current order where the poor are at the mercy of the rich and with bitcoin on board, a lot of that will change with people having control of their money rather than being forced to put in the bank, put some restrictions in other to make the fund available for the rich to borrow and continue to improvise the poor while they become richer. Bitcoin will make people who don't deserve to be rich,  very rich.

yes we know that its not equal for the distribution of wealth but everyone is gonna be a millionaire if only they know what to do and its not easy but i think bitcoin can really change the distribution of wealth in the world because we all know that even the poorest person on earth can have wealth that can give by bitcoin.

There is a bigger possibilities that wealth will be equally distributed. Even the ordinary people can succeed in bitcoin. It needs a lot of hard work and be updated all the time.

Bitcoin is already considered the largest wealth distribution across the world and there's no reason bitcoin can't change that. With many people already benefited from it, i believe that bitcoin is the savior of our financial necessities.

Maybe because others started this bitcoin earlier so i think they invest bitcoin in multiple and saved more points to have more money. So if members earn earlier and they started to earn money in cash,  i think they are already richer or a wealthy people because they invest earlier in bitcoin, than the beginners.

I agree with the post that says "Wealth distribution is in a hand of people..." that is with the helped of Bitcoin because of its decentralized nature. Also it gives equal opportunity to all people willing to use it, regardless of their job, financial status, race, age, etc. Bitcoin is giving us the chance to redistribute the wealth to those people who directly worked for it.

This really an interesting question and in my opinion, bitcoin can help poor people and the middle class. But current situation shows that mostly the rich are benefiting from crypto.

Distribution of wealth is pretty a massive vary of two subject matter but i assume bitcoin will positive assist people to come to be extra financially stable. It gives possibility for people who are searching for a full time and section time job. If you meant to center of attention on bitcoin then it is no longer that terrible specifically when you are sensible sufficient on how you are going to control your digital currency. If you are just havibg it as phase time it is not horrific as well when you consider that it virtually consumes much less time of you and you get to earn it.

People that are super rich might abuse the power of bitcoin to give money, and that would really change the distribution of wealth. And perhaps you might say that with bitcoin, everyone can be rich or have a stable life, but now all has the access to bitcoin and that would make some people in the world left behind with the wealth that the ones that can access bitcoin has. People that are super rich will become even richer and the people that cannot access bitcoin will remain like what they are now.

It takes less effort and spent time to obtain bitcoin, and that is good, it’s like a part-time job.

With the way that Bitcoin is at currently, I think we should forget about wealth distribution because it’s only the wealthy who are able to buy huge amounts of Bitcoins and this they seem to be the ones who are able to make even profits than the average people.

It is known that world wealth is distributed unevenly. 1% of the population controls more than 50% of the world economy.
From this we can conclude that the advantage of those who either "extracted", or bought bitcoins several years ago.

In fact, we need very long discussion and research. First of all, we need to investigate people who have assets above 10 Bitcoin. A better interpretation can be made by distinguishing between countries and geography. My opinion is that people who are Bitcoin are richer, not just equally wealth.

BTC is designed to achieve the average distribution of wealth!

Mainly because the spread of the idea of BTC is too small, many people have not heard of BTC!

Now it is accelerating the gap between rich and poor, and those rich people are more willing to try to encrypt money, they have gained a lot of wealth! The rich get richer in real society!

Yes if people did not think about poor people and did not give them dome money to make their life easy so poor people will never become rich and distribution of wealth will never create in this world, so I think we should aware to people that they go to help for poor people and government should do something about this important way, but if bitcoin can do something so it will very good.

f the society does not use cash it will be difficult for the elderly or the backward farmers because they will not know how to use the card, digital currency can use cash by converting ey. Paper will have many ways of converting digital money into paper money for cash

I don't think bitcoin has something to do with the distribution of wealth in the world because it has not yet covered all countries of the world. But then, i believe that it has contributed to a sudden change of wealth distribution. However,for me it is not yet enough because there are also other factors to considers. First and foremost is the government and the large corporations in the world.

For an equal distribution of worth, i can say no because all of us cannot have in our possession the same number of Bitcoins in our wallet. Bitcoin offers financial satisfaction to the user because of its decentralized mode of operation. Users own total control over their transactions and experience no third party interruptions in transactions. For Bitcoin creating worth, it depends on the effort you put in place to get hold of some bitcoins and the patience you have to hold for a certain period of time to get much profit.

I do not think so. Because the number of poor people in this world is very much and most of the people do not know about bitcoin. Bitcoin has not been able to change the distribution of the world's wealth. For example some people then get to know and work with bitcoin it will only change his life not all poor people his life will change. Bitcoin is only able to provide additional income to its owners to achieve financial freedom.

Bitcoin is useless by itself, because it is just a tool, like a knife or a gun. It can't do anything without people, who can use it wisely.

But people are also nothing without bitcoin mate, Look as  a lot of people are now living a happy life only because of bitcoin, so I think it important to have bitcoin if one want to have equal money as the rich category of society, bitcoin gives us a lot of chances to be rich, it gives saving, gives money without investing as well, people who were poor and jobless in past are now earning high amount of income and living good life with bitcoin earning so thanks to bitcoin for being in our life, I am proud to be a bitcoin earner.

I think in a few years ago until now, bitcoin is changing the distribution of wealth in the world although the percentage is not too big and for people which getting involved in the bitcoin world can feel that their life is change. they can earn more money from bitcoin especially if they can earn from altcoin too and I am sure that now, they can have their own money and they can solve their finances problem that might be their main issue to try working in the cryptocurrency. and if people which don't know about crypto is also joined and they can earn money like the first people, I am sure that the distribution of wealth in the world can change and people will be living with a better life.

Immediate enrichment fantasy sooner or later breaks down on the principle of reality. Bitcoin fever will drop, even if the payment system bitcoin will be massively used around the world and change our lives. The ratio of rich and poor, happy and unhappy, healthy and sick people will still remain the same, with or without bitcoin.

Just try to succeed, develop your strategy, and don’t pay attention to the distribution of wealth.

Actually, cryptocurrency today is the easiest way to earn profit, working on the corporate world is very hard because of the small salary, but with cryptocurrency everything has been made easier and i think that bitcoins can really change the world for good.

            According to me Bitcoin will change the distribution of wealth in the world in a different way usually the concept of wealth distribution by the government is by taking money by force from people and giving to people. To my point Bitcoin is a blessing for surviving  and give support for their family .If we are able to work with cryptocurrency it gives support to solve our financial problems so I trust Bitcoin can help and give positive support for life.

For me it distribute equally because the lucky of the person it depends on your hardwork. If you really look to your future brightly as bright as the sun for sure the success of being wealthy will follow you. The distribution will not be unfair because everyone works on it as what they desire to have in life. It really matter on how are you going to handle the situation.

We want better education, better healthcare, better everything and yet our very money does not allow for these things. Our money, enforced by our governments, is what holds us back more than anything. Real economics is not allowed to take place in our current world. But, bitcoin is changing that. And if governments are unable to stop Bitcoin, which it will be very difficult to do, then we are in for a life changing world in the near future. Just as how the Internet removed the lies of religion and government, so too will Bitcoin remove the chains of government..

Difinitely, Bitcoin had change the distribution of wealth in our society around the world.  It has started already  and will continue forever. There are lots of people earning from bitcoin who  are living a decent life only because of their earnings  from Bitcoin. The rising price is letting them gained more profits and giving them the financial freedom to live comfortably and enjoy life's luxury. So bitcoin has created a parallel economy around the world which is more secure and anonymous in nature. Even though the legal status of bitcoin is still not clear in many countries, but still it has managed a way of getting adopted by the masses. Rich or poor people are free to  join Bitcoin so nobody controls who will become rich or poor.

Bitcoin is a sure means of equality when it comes to wealth distribution. The whales are trying by all means to hinder this but it is not possible. Migration of wealth have started already for people that are embracing bitcoin.

In my opinion, it only gives new opportunities for money laundering on navie people investing in cryptos. It's like stocks, just a different appearance when it comes to investing.

In my opinion, it will change the distribution of the world, because a lot of people will be given a chance to make money even though he's or she's unemployed. Poor people will be able to make a lot of money than their regular salary. It will change their income. From rags to riches something like that, I believe that bitcoin, you can make things happen even though you're not that rich.

In my opinion, bitcoin will change the distribution of wealth in the world because it is obvious. There will be those who have a lot when trading and those who don't have bitcoins due to the inability to trade

Bitcoin is only a decentralize medium of exchange it does not distribute wealth, only understanding and investing in it only you can gain wealth but it all depends on how you gonna work it. Peer-to-Peer system contributed to the society in terms of exchange coz it does not involved 3rd party commission on every trade, ergo it disrupts the wealth distribution among people who involved in the cryptoworld.

Bitcoin could help people to be more productive in the way it offers a big opportunity for people to earn and to have a way to gain profit. Bitcoin is not just a currency, for many it is a form of investment that could be used in trading that offers a wide range of choice in the market for you to trade in. Yet, the possibility for people to be wealthy only relies on their will and capability to do their part for them to earn.

I don't think it will help much because the majority of bitcoin is held by a very small percentage, similar to how billionaires hold most of the global wealth (personal wealth). If altcoins can move out of the influence that bitcoin has over them, then yes it can improve distribution by allowing other coins to independently appreciate in value.

Distribution is wealth is never possible in this way too, because many illegal money has been seized by the whales.

Maybe it's right that bitcoin is basically a tool, it has no brain so it can't spend itself or solve world's problem but given the advantages of bitcoin as mentioned below:
1. Seamless funds moving without limitation across the world.
2. Relatively cheap price as for now.

I can say, it could a little or more affect the wealth distribution, but this itself still heavily affected by speculation activities, so yeah, it's semi useful supposedly.

If people can afford buying btcs then it would never cause in variation, even it would create a bridge between the rich and the poor.

I can say yes. Those holding Bitcoin would have higher chances being wealthy in different parts of the world. Say someone is in a poverty stricken area and he has Bitcoin and is working to earn more, he then is the wealthiest there.

May be its of some help, but generally it doesnt seem so, to me. Its a mere virtual currency

Bitcoin is changing it already. Most of people who invested in it on early stages were mostly it-people and libertarians. Now most of them are miraculously rich.

In my opinion, the distribution of money in bitcoin is more fair. It is a method of circulating money in a closed and repetitive cycle without external effects or any intermediation. That means the cost to transfer from a bank or finance company will be reduced. The currency is maintained and distributed decentralized in the nature of bitcoin.

Yes i think so...because there is a big volume of the circulation of money in the bitcoin community, it gives a lot of opportunities to the supporters. Therefore i can say it affects the distribution of wealth because money circulates and distributed to the players and when market goes up the investments of the bitcoiners are gaining too

For me the biggest change is that people who are just small part supporters gain lot of possibilities to earn somethink from doing so, that is changing distribution by their activity in this market.

Wealth is already distributed around the world there are poor people and there are wealthy ones and here comes Bitcoin that has the power to help people become millionaire by means of investing in good projects.

that could be a hard thing to say. well, its possible and still impossible.. looking at it from the onset, the bitcoin and crypto investments have made many millionaires and also made many millionaires poor.. it can make or mar you! thats the bottomline. but its still impossible to predict if bitcoin can change distribution of wealth in the world!!

im not really sure if they would do that cause many of billionaires or the top billionaires in the world wouldnt have bitcoin or doesnt need bitcoin to succeed. i think bitcoin is not good at all on millionaires. maybe we could buy bitcoin but not all billionaires or even millionaire dont have mindset to buy bitcoin cause they are have their own ways to become rich and that what they do thats why they in their position right now. just waiting our luck to become rich also.

For me, bitcoin can help the distribution of wealthvin the world, bitcoin can help people around the world to be rich. Bitcoin can change the social status of every users in bitcoin because bitcoin helps users to earn money, helps users to grow their money.

Definitely, well each of us want to be have a good wealth as we need to be comfortable on what we have right now. Also, we need a ggreat wealth to have a good health also which make sense to our environment. Hopefully, those people have a great way of living may continue their great start.simce many of them help those in needs throughout the world.

Bitcoin is even not acceptable in many countries. so for the time being it is not possible. May in the future there are such rules that the distribution is likely well. First thing is that the controllers should ban big investment if there is no proof of savings. They should monitor any transaction so that the use of bitcoin for illegal activities should be banned and there is white money to be invested in bitcoin.

All bitcoin operations and structure is based on wealth repartition between those who gain the coins.

I believe the answer is yes, bitcoin will be the reason of changing the distribution of wealth in the world in the future. Bitcoin will change the world map economically and many will benifit of that.

Really though? I mean, bitcoin is merely a currency, it doesn't have brain or intelligence capacity to solve such complicated things, in other word, not a living things. so, why does bitcoin as you determined capable to solve those problem? even poor people who doesn't have internet access can't have bitcoin, the distribution of wealth will stick among those who capable of using bitcoin and technology in which most of them are upper middle class, sigh, even investing requires higher capital.

I agree with your idea. But with the presence of greed wealth cannot be distributed equally. If the people in one area is not united the lesser the chance that bigger wealth will be earn by that place. It is really true that solidarity is a big factor of gaining wealth or whatever endeavor the state want to attain successfully.

If you're asking for a concrete data about that, I don't think no one can provide.

Answering your question, equal distribution of any form of wealth would be unfair both to low class and high class citizens. Why would someone work hard if they could only have same as to those who are lazy enough even to wash their own dishes?

No chance, you may have a few new "elites" but the wealth distribution remains the same with the minority controlling the majority of wealth.

0.00088% of addresses own 17.49% of Bitcoin
0.01% of addresses own 20.47% of Bitcoin
0.10 of addresses own 21.9% of Bitcoin
0.94% of addresses own 28.02% of Bitcoin
3.06& of addresses own 7.02% of Bitcoin
41.93% of addresses own 0.01% of Bitcoin
24.94% of addresses own 0.09% of Bitcoin
19.61% of addresses own 0.53% of Bitcoin
9.41% of addresses own 2.84% of Bitcoin

.00000748% of addresses own 0.73% of Bitcoin

 
Summary
4.1% of addresses own 96.53% of Bitcoin
95.89% of addresses own 3.47% of Bitcoin

Wasn't it nice of the elitists to allow you to own 3.5% of Bitcoin?

Btcs can change it, because btcs are taxless currencies and so everyone can earn them irrespective of cast and creed!

Right! Bitcoin is of great value and it is converted in US dollars. So it will change the distribution of wealth in the world. Countries with more bitcoins will be rich and will attract bitcoin operators. Which bitcoin is invested and developed, the country is financially strong.

Except they are not tax free in the majority of countries.

Bitcoin is the only invention up till now that treats both rich and poor classes equally without any sort of distinction. Bitcoin does not care about your financial status at all. The more you hold bitcoin and the longer you hold it, the bigger chances are there for you to be on the top of the world during pump season. What I believe is that bitcoin will produce richer people than the world now has.

There is no exclusive or significant amount of relationship between Bitcoin and the world's distribution of wealth. Before Bitcoin, there was fiat. Before fiat, there was gold and silver and bronze, and other precious stones I guess. Before that, there was barter. Before that, there was only community ownership. And all through these times, there was never a point when the distribution of wealth was fair. Therefore, I conclude that the unequal distribution of wealth will continue despite the rise of Bitcoin.

This question was asked so many times that it gives me headache to see all these threads that put here only for spam.

Equal distribution of wealth is different from fair or just distribution of wealth. If you will sum up the precise amount of bitcoin in the world, perhaps it may not generally make a wide impact in the actual distribution of wealth in the whole world, although, because of the remarkable changes that bitcoin has done to many of its users, it eventually created a hype that makes bitcoin so popular. That popularity may unleash the full potential of bitcoin which may lead to an unpredictable result in the future towards wealth distribution.

It is impossible for bitcoin to distribute wealth among people. It can help people to be financially free from their financial crisis and has nothing to do with wealth distribution. It is very unfair for those people that work harder and smarter for the purpose of distributing or sharing equally whatever they have to those people who did nothing for themselves. This kind of distribution is very unfair and in fairness to bitcoin, I don't think it cares for whatever we stand in the community where we are belong.

On a general scale, the way wealth being distributed is managed by people, but we can make this process better by putting limits on world corporations, central banks and other avid financial institutions.

No it is not possible because poor people cannot invest in bitcoin. They have no money to buy bitcoin or any other cryptocurrency. Bitcoin is used mostly by criminals and those who want to secure their black money. Now you can realize how it is possible that bitcoin can change the distribution of earth in the world? Crypto world is only for rich people.

Not exactly, but I believe that bitcoin will have a strong impact on the economies of countries in general and investors in particular by its superior features.

I'm probably a socialist deep down, if I were to try and objectively rate my own leanings when it comes to social and economic issues, but even I don't think it's right to talk about equal distribution or fair distribution - yes I know, that's throwing in yet another aspect to this... equal, fair, right. All concepts that sound deceptively similar but none could be farther from the other.

Bitcoin itself may not have truly done anything to level the playing field in wealth. Just take a look online at "crypto millionaires" or "billionaires" and you see that it's really the upper middle class who've been elevated into the economic stratosphere. If anything, this has simply resulted in a widening gap in an already disparate world of "class". But it will, I hope, still find a way to bring the low-income and unbanked into opportunities to access their own financial freedoms.

This forum is quite an example of this already happening. Yes, the ugly side of it is all the spammers and cheaters on bounty programs, but take a look at the earners, bringing in income through bitcoin that they otherwise would never have been able to do outside this space. I'd like to think I'm part of that too.

There is no way it will make some changes, because it is just 1 % of popuation that keeps all the money.

Well I guess bitcoin does not intentionally mean that to change the distribution of wealth in this world,but instaed to help someone who want to earn something of their living and make businessman grow in their business and just because many are now joining and using bitcoin and make other people become rich that is why it means something like that.

Cryptocurrency is one of the reason why there are a lot of people today in the world who are very wealthy its all because of those people who invest a huge amount while bitcoins price is still cheap.

I think that bitcoin will not radically affect the distribution of wealth in the world. As always, the rich will become even richer. Big money generates a lot of money.

Actually, I think, if we would have an opportunity to look on the statistics, we would see, that people who get really wealthy from bitcoin only are not so many

It will change it.  It'll widen the gap further and further between the rich and poor.  Rich people already have experience trading and investing, and on top of that having a ton of money to invest gives you a huge advantage.  You can manipulate prices, and those people can and are willing to do so in order to increase their profits.  Meanwhile, poor people wont likely even know about bitcoin or the cryptocurrency world until a year or more from now, and even if they did they only have small amounts to try to invest with.  Weak hands fail far more often.  Bitcoin will likely make all of this worse in the long run.

There is no way for the openly distributed monetary system to fix inequality of wealth distribution.
How can you prevent already rich people from buying more coins - there is no way for us to enforce that kind of regulation.
It's true that Bitcoin at the beginning was dirt cheap, some lucky people are not extremely rich, but that doesn't help solve inequality problem.

So, maybe bitcoin change the distribution of wealth in the world, it would be nice if it happens ...

It's hard to create a balance in the economy of the people. Wealth is not distributed fairly in the world. This is known by everyone. Changing this can be possible with blockchain method and cryptocurrency usage. We will see what's gonna happen soon.

There is only one way to turn a big corporation into a bankrupt is by refusing to buy it's poroducts.

It is more equally and it wouldn't be unfair. The distribution of wealth is fair because people will work for that wealth. It is good to work for it rather than not working for money.

The potentials of bitcoin cannot be underestimated and who knows maybe it can give the equal distribution of wealth around the globe. Maybe this could be one of the reasons why most great nations are trying to ban cryptocurrency. Maybe they think equal wealth distribution will not be good for their economies or less powerful nations will become powerful.

Cryptocurrencies are capable of bringing change in the world. They can transform the entire distribution of wealth, and enable the two billion people who have been denied financial inclusion access to the same type of financial services that everybody else has.

The cost of planning the distribution of wealth is a very valuable cost, as you will save a lot in planning the distribution of wealth (inheritance and grants), if you do it right.

and if we compare with bitcoin, I think we can get much money and we can have a better life. I can say this because I still trying to make money and so far, I see that in the cryptocurrency, I see a big chance for me to earn more money and I think we can earn unlimited money but it depends on how big our passion to keep continue our works. besides that, we need to have a skills to earn money and I am sure that skills will help us to earn more money.

I think bitcoin can make rich for those who have bitcoin, and those who do not have bitcoin or even do not understand with bitcoin will not feel the benefit of bitcoin.

Actualy in other words we can say that bitcoin become a wealth that we can inherit to our family or our sibling,and only we can do is to educate them how to use it,while in other hand,as of now i cannot heard some information that bitcoin would distribute the wealth equally  compared to the current wealth distribution because its a personal matter and cannot been publicize.

Bitcoin will make new set of millionaire and billionaire in the world and bring new employment and as well as self employed individuals good for the country economy growth

I dont know if bitcoin will change the distribution of wealth in the world. All i can say is bitcoin may help some to earn more and to lift up their economic status individually. But still it depends on the motivation and effort the bitcoin member will put into to earn more. It also depends on their strategy.

For me, it depends on the person if they can, but as you can see, some people become wealthy because of bitcoin. But on the other hand wealth is wealth, there are so many kinds of business in this world that you can use to become millionaire or billionaire. But in this kind business or cryptocurrency world that most of the time its cost is changing I cant say that bitcoin can equal the current wealth distribution because you can be a wealthy person in just a moment if you convert it fast or you can lose most of your investment if bitcoin's value plummet and panic sell. :)

I don't think that it will change the distribution of wealth since we are just treating bitcoin as just like an alternative currency, it would be hard to recognized for now the distribution of wealth but I could say that it really change the life of many individuals and with that I think it has a big impact in the economy of a certain country.

I'm sure it will change. Already now the banking systems have felt on itself passing-many of those who did not pay a visit could allow, became the millionaire, to visit addressing them.

Normally, the concept of wealth redistribution involves government using force to take from some people and give to others. But the bitcoin revolution is redistributing wealth differently.

Bitcoin does not change the distribution of wealth in the world. As always rich people have the greater opportunity to earn big here because they have the resources already that they can use in investment. As we all know there is no equal distribution of wealth in this world, the gap between the rich and the poor is very far. In bitcoin, yes it gives us the opportunity to earn and the chance to the unemployed people earn also but we cannot definitely say equal distribution of wealth exist.

in my opinion yes of course it might happen, but it all takes time to do it. Because bitcoin is still a developmental stage, so it is not possible that it can change the glory of the world.  :)

Not sure because honestly Bitcoin hasn't slowed down in terms of changing hands right now. We may know more in the future when people report taxes and Bitcoin is moving around less. I would like to believe the wealth distribution would get better because of it, but I could also see it being worse due to the barrier of entry to own Bitcoin (the level of sophistication understanding the system).

Well distribution of wealth has already begun and Bitcoin has shown glorious out come for quite some year now and distributed wealth. To many people specially member.. And it's would be impossible that Bitcoin can participate more wealth in the near feature no doubt about it..

Bitcoin can't make all people in the world wealthier. Yes, definitely a lot of people got richer thanks to bitcoin, but what about those who don't even know about it? They will stay in the same position as they are now. And also some poor people don't have access to the internet. So it is not possible for them to earn money this way.

Under the change of wealth distribution I mean the result when some people who are involved into the business will get very rich by getting lots of profit from the bitcoin.

It doesn't change anything. The world's 80 percent wealth is in the hands of 20 percent.

Bitcoin is simply a tool that requires people to operate in the right way.

In bitcoin, this ratio is even greater. Yes, it's not entirely fair, but it's reality. In the crypto-currencies there is no communism, there is no equality.

Actually Bitcoin is a digital coin that holds a special place in the Cryptocurrency market. And in the future, when developing e-commerce, Bitcoin will play a key role. But Bitcoin is just another asset. Bitcoin can give the owner a high-value asset, but Bitcoin can not manipulate the power of billionaires in the world.
Bitcoin can not redistribute wealth in this world.

I don't know will bitcoin will change the distribution of wealth to all the world. But l feel bitcoin will be powerful in the future. Because bitcoin has a big income. It can multiply 10x your income or deposit.Many are interested in bitcoin because of its volatile value. Many rich people are attracted to bitcoin because bitcoin has the best profit in you can follow the procedure of bitcoin.

I dont think so, because the whales exist... So there is again people who are wealthy and pople who are poor (even having some money)

There are crypto-currency millionaires and billionaires just now. But the" old " billionaires and institutional investors have not yet fully entered the cryptocurrency market. When this happens, the capitalization of the entire market will grow significantly!

Has gold changed the distribution of wealth in the world? If mean what is the link between an asset and its distribution. i don’t see any connection in between because this is a common sense thing that only a man with knowledge or money can buy bitcoin so how bitcoin is supposed to get into the pockets of those who don’t belong to any of the previously mentioned types. It has provided job opportunities to jobless people. What more should it do?

Well, yes, we can't say that everybody can be rich and all through bitcoin. What if other people doesn't engage with this? They can't be wealthy if they don't exert effort, share ideas, and communicate with us.
It is possible that maybe someday people around the world will taste the fruit and the output of our hardwork if they will just  exercise practicality.

Bitcoin has the power to change the distribution of wealth in the world. As bitcoin network has brought a revolutionary change in the financial industry and has digitalized the world giving a source of income to the people working in the bitcoin network and the price of bitcoins keeps on increasing due to the increase in the demand of bitcoins and making it more expensive than any other asset or precious metal as there is only limited number of bitcoins and the demand keeps on the increasing. Bitcoins has helped to avoid unemployment issues and poverty as it provide source of income to the users by doing freelance jobs and by providing products and services in exchange of bitcoins

There is equality but only in case of using bitcoin, as everyone is equally able to use bitcoin there will be no restrictions about it, but in case of earning money there will be difference only because some people use to invest high some low, so it is will make profit accordingly but if we talk about chance of earning then bitcoin is good with all at the same time, poor us bitcoin to earn money while rich people use to save their earning. So bitcoin is beneficial for everyone at the same time.

Bitcoin holds enormous potential to make a lot of people rich and prosperous, if bitcoin prices can reach at least $ 100,000 then it can be ascertained that the world's 10 richest people are from bitcoin.

It will cause a redistribution of wealth to the earlier traders. It can also unfair distribution of wealth especially in countries where bitcoin isn't known

Bitcoin and crypto currencies generally are helping to create many wealthy people around the world daily almost. But I dont think that it is going to change the distribution of wealth worldwide, because the crypto community is still very slow compared to the whole population.

Yes such change is likely to happen and countries should pay attention and be aware, maybe even work out some strategies.

It is up to the adoption of Bitcoin, if a country adopts Bitcoin then its success and boosting of economical condition is guaranteed if the guiding principles apply. The Bitcoin on different stages acts as a relevant source and people give first priority to this currency as it is responsive to them because it saves you transaction costs and also it is a rapid and easy system.

this would be scary for the million users of bitcoin, if that will be the case, the millionaires in bitcoin will jump in their seats and run in the streets, this would be so unfair not only to the rich but also to the small time users, it cannot be well distributed and fairly divided because the wealth per user is not balanced. how did you get this idea? this will make users think twice in investing. we all know that the system of bitcoin is anonymous, how can the system know how much of your wealth should be distributed and to whom it be distributed, pretty scary idea.

No, it will not.

But it gives people from all over the world more opportunities.

Bitcoin can certainly change the redistribution of wealth in the world. We all know that in the present world wealth is combined with power, resources and social relations, and it is time to make some changes to big companies of greedy large consortia, banking and monopoly industries.

 Bitcoin is not intend to make a change in the distribution of wealth in the world, but the originators intention is to provide a suitable strong coin to the world community for spending. Most of the people are attracted to it because of its certain positive features suitable to their daily business requirements.First they realized that bitcoin is a new form of economy which is suitable to meet the current economical crises. The bitcoin theory is just contrary to the present financial concepts which we follow world wide,So they are attracted to utilize  due to its credibility

It might happen. If Bitcoin already become a dominant new economyc system. If the world community already accept bitcoin as dominant currency as currency exchange in trade & business in the world. I am sure that it will happen

I don't figure it would uniformly disperse the riches in this world in light of the fact that there are still individuals who are not adherents of bitcoin and would want to do conventional venture instead of interest in advanced world like cryptographic money.

Most probably it already changed it. The number of young millionaires increased suddenly in 2017 during the big rally ($1k to $20k) Investment companies are getting involved in crypto currencies and it makes more and more people are investing on cryptos.

Actually mate to distribute equally to each and everyone of us is impossible since their are a lot of people still didn't believe in crypto currencies as they think it is a scam. Well, basically we need that great way of living as we can have that wealthy life to make us comfortable. Also, it depends on each users techniques and ablity which can have a great amount of reward here in bitcoin community as well as the entire crypto currency community.

I think you can still earn a bitcoin even though you are not really rich. That means you will have to do a lot more work than others do. Or the simplest way is to earn a lot of Altcoin and transfer it to Bitcoin

Bitcoin is already considered the largest wealth distribution across the world and there's no reason bitcoin can't change that. With many people already benefited from it, i believe that bitcoin is the savior of our financial necessities.

i think from now, we can see many rich people because of bitcoin but I think some of them doesn't show their wealth to public and better to hiding it for ourselves. if we have only 10 bitcoin, we can be the richest person in our city and I think bitcoin is change the distribution of wealth in the world.

every people deserve to be rich but its only depend with that person, he wants to work hard and work smart than the other people or not. because every people has their own opportunity and if he can be rich then he is the lucky person.

Yes , Bitcoin will affect hardly to the distribution of wealth in the world if Bitcoin was given more and more power than now.  It could replace any kind of currency and become the main currency in this world which any country in this Earth can use it like the role of USD for now.

I think that it is not that easy as it appears to enter a crypto world and gain some money here. It is not for everybody

I believe that bitcoin will be able to break the system of unfair distribution of Finance in our rotten economy! Let bitcoin will be similar to the flood and pobyvaet crown on the bold and brazen faces of the government.  >:(

No, Clearly No. If wealth distribution in the world many people will become lazier to work and look for jobs since they know there will be budget for them that will come monthly or weekly or what so ever, Bitcoin helps the people who work for it so the distribution depends on how many people are doing crypto per country and how they earn them.