Wow! When you put it into that perspective, I see things in a whole new light. I guess that is what happens when you establish a currency without pegging it to anything (including with Steemit).
I would imagine the inflation rate would get worse if the FED decides to have the US gov pay off its debt any time soon. A whole lot more money would be printed, lowering the value of our dollar in a way never seen before.
I also wrote an article about money, specifically how Wealth Inequality is Inevitable
. I address the wealth inequality heavily prevalent in Bitcoin. I would love to hear what you think?
Nice article. I could believe that wealth inequality is inevitable if it weren’t for the fact that 2016 made a lot of NEW millionaires and billionaires just from crypto.
The trickling down is changing directions somewhat, and will only keep changing in favor of blockchain and crypto in my opinion, so the ones getting in now will reap from a whole new status quo. There will always be a top and bottom, but I think the middle line is the one actually disappearing (there will eventually be more of a 50/50 split).
A world where wealth shifts to crypto would be very interesting! I am excited to live in such an exciting, transformative time.