Will bitcoin change the distribution of wealth in the world?

[MIZANUR5033]

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.

[Xester]

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?

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.

[Glaseseye]

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.

[thiyabarawaththe.91]

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...

[queenhallmark]

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.

[Janodevera]

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.

[bohr]

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?

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.

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.

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.

[Yarsk]

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.

[napi]

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?

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.

[zhea]

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.

[BaraxLo]

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?

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.

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.

[yslyv]

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.

[millionaireshs]

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?

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.

[bohr]

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.

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.

[Uchegbe]

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

[Lorin]

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.

[emanymton]

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.

[gambitcoin53]

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?

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.

[johnnythunder]

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.

[michellee]

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.