It’ll be interesting to see :)
One thing I think it will definitely help with is raising the standard of living across the board.
Time will tell if crypto ultimately rebalances wealth in a new way, or if the distribution stays similar… but in different hands.
There’s absolutely a shifting of wealth for sure. We’ll just have to see how things look once the dust settles.
I am very optimistic that the end result is at least more of a meritocracy and less based on peoples luck. Im also optimistic that the whole world measurably benefits even if the distribution percentages don’t change much.
The fact we are seeing growth slow globally tells me the importance of cryptocurrency is all of this. Contrary to what many espouse, we are suffering from a shortage of dollars. The Eurodollar system contracted a great deal over the last two decades. This is one of the major reasons why we are seeing things stifled.
Hopefully we can generate enough crypto and put it towards productive purposes.
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