Why should #Bitcoin lead to a fairer financial system when the top 100 holders alone possess 13.78%?
In the current fiat system, the top 1% holds approximately 45% of global wealth, which isn't ideal either.
However, a #BTC Standard will change the financial world, and here's why:
Proof of Work over Proof of Stake/Ownership
⇒ In the fiat world, once you achieve a certain financial status, it's challenging to lose it, as having substantial wealth can generate even more money.
⇒ In a #Bitcoin ecosystem, the dynamics are radically different. Everyone must put in genuine effort to accumulate more capital.
⇒ Consequently, wealthy individuals will eventually spend their money, redistributing it to hardworking people.
So yes, #BTC 's wealth concentration may be high now, but that's because we're in the early stages! This disparity will naturally improve over time.