blockchain (and steemit) will definitely distribute the wealth.
the reality in today's world is that population has grown and resources have shrunk. no technology will be able to solve the physical resources problem. natural resources are in short supply and blockchain will not mediate this or will political representations allow it. Inequality is not just about money being siloed it is also about resource availability. all the money in the world will not be sufficient if we dont have anything to spend it on. also, there is a lot of discontent between the have's and the have nots.
in fact it is the essentials like (water, food, jobs and living space) that are under serious threat due to the exploding population. look at the mass migrations happening across the world. consider the serious disparity between countries in terms of wealth and technology.
I disagree. There is no shortage of any of that. There is plenty of food, water, and living space. We could occupy half the planet and leave the rest uninhibited. The same is true with food. We have more than enough food to feed the world. The western countries throw out about 1/4 of all food they buy.
The problem is distribution of these resources. Technology is changing all this. Desalination products are falling like a rock...the problem is energy is still costly (and unevenly distributed) at this point. Renewable energy (along with nuclear fusion) will alter that. Vertical farming and in vitro meats are altering the landscape of food.
So technology is going to change a great deal of the physical which, by spreading wealth around with crypto, as an example, will enable these countries and individuals to tap into this technology.
here is the world in 2011:
so more human impact, more resource usage and wastage
want to talk about resource wastage?
we are currently in ecological deficit:
while the world is producing enough (3Kcals per day), the redistribution of food remains a pipe dream due to prohibitive costs, no perishable storage, political boundaries and total lack of applicability in all dietary metrics.
let me give you an example: india has a mango suprlus. but the problem is that mango needs to be consumed as a tropical fruit.
USA has a meat surplus while Bangladesh and India are the lowest consumers of meat because they are primarily vegetarian. naturally weather and environment play a large role in applicability and nutrition.
blockchain will solve many technological problems but it will not solve world hunger or social inequalities.
blockchain is a technology with the potential for a vast footprint. It is however a technology that can be controlled by a few people. i think that discussion is for another time.
i sincerely hope that blockchain will solve the world's resource scarcity problems but there is no evidence today to show that it could be possible.