The Simplest Bitcoin Book Ever Written
SOME PEOPLE HAVE TOO MUCH
It is true that some people have far more than others.
In releasing the protocol openly, Satoshi allowed it to roam
freely, and those that understood the potential it held
either mined, or bought in early. It was the fairest and
most organic way possible to present it to the world.
Over time, when the world is hyperbitcoinized, meaning we are
living on a bitcoin standard, those that have more will
naturally spend it into the economy.
Even though at a certain point one will no longer be able to
buy it with fiat, people will get paid for their work in
bitcoin. Being paid in truly sound money will allow us to have
real savings that will not be debased over time by inflation
While there will always be those with more wealth and those
with less, due to a vast number of factors,
a bitcoin standard will make the membrane between wealth
classes permeable,
as Aleks Svetsi says. This will allow both upward and downward
mobility to be far, far more fluid than it is today.
Having been born into, and swimming our whole lives in a fiat
world, it is almost impossible to imagine, and fully grok the
implications of having a money that cannot be debased or
manipulated!