Will bitcoin change the distribution of wealth in the world?

[Visbay]

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.

[michellee]

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.

[suburban123]

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?

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.

[JPage]

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

[rainezerr401]

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?

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.

[Jessica2009]

            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.

[3la9l_kolbaCa]

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 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.

[dynospytan]

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?

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..

[gogrowglow]

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.

[pat4cryptoreal]

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.

[ArteMixer]

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.

[Ryker1]

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.

[socksserver3]

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

[Bershie]

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?

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.

[emezh10]

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?

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.

[5ensei]

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.

[callingbubblyH]

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

[TastyChillySauce00]

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.

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.

[Whoducen]

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.

[1C6fV5DtakfKANLJ8GUV7hCaA]

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.