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Nope. This assumes that the natural state of something is equal distribution. Nothing in nature is like that and most things exhibit a Paretto distribution. I don't expect Bitcoin to be any different.

So the point of these protocols are to create a more fair playing field and instead they’re even more lopsided than current playing fields? Hmm....🤔

If your hope is to see perfectly distributed money, then only socialism is going to satisfy you and that way lies madness.

The point of these protocols is to take away the ability of the government to confiscate your money through inflation. You should only get into Bitcoin if you want control of your money back. It's fundamentally incompatible with something like socialism.

I wouldn’t say my goal is socialism or perfectly distributed money - that’s one extreme. But there’s research out there that shows 4% of individuals hold 96% of all bitcoin. Even more so, 1% holds 88%.

I would assume this only gets worse as the supply decreases and production power of coins is held by a few.

I think inequality is something that people should take seriously, since it’s a huge issue in our current society. And I don’t think you should label “more fair” as socialism...

The only way to redistribute is to either:

A. make the people that don't have money to create goods and services others want B. confiscate money from richer people and redistribute.

The first is the market and generally, this results in a Paretto distribution. The second is socialism. Literally, claim what rich people possess as "societal" good and redistribute to others. There isn't some in between. You either have some central entity that redistributes wealth or you don't. So yes, a "more fair" distribution according to your standard is socialism.

So you think that this type of wealth distribution is sustainable in the lon-run and that it’s a better system than we currently have? Or do you think BTC will sort of only be a SoV/Niche asset class?

Just an FYI, I don’t mean to come off as hostile. I actually respect you a lot and love reading your medium posts and the interview you did with Laura Shin. Also thanks for taking the time to respond to these questions 😁