Will bitcoin change the distribution of wealth in the world?

[The_Dark_Knight]

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.

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.

[darthmaul]

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

[btc-facebook]

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

[hartonosusilo]

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.

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?

[roseybanez]

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.

[sudeepsinha]

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?

[fasdorcas]

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 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.

[dmitriisavelevich]

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?

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.

[Dobmader]

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).

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.

[romero121]

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 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.

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.

[Samueltalk]

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

[0t3p0t]

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?

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.

[Virtual miner]

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?

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.

[justspare]

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 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.

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.

[The_Dark_Knight]

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 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.

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.

[Jedie22]

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.

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.

[Sir Paijoe]

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.

[alfs75]

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 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.

[karnwillbit]

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 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 .

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.

[betMaster]

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.