I don't think wealthy inequality will ever be "solved" and I don't think it's necessarily a bad thing unless it's extreme inequality. We need some kind of incentives for people to go ahead and build stuff.
Imagine if you were paid in BTC or saved money into BTC, you won't get diluted over a long enough time, that's the promise. When you get paid in BTC, someone gives you theirs, it's a zero-sum game.
Also, since nobody can print more of it, if someone goes ahead and plays around with high leverage and gets wiped out, their losses won't be socialized by bailouts.
Because they never had the alternative to fiat. Some professional players [1], tech workers [2], city workers [3], etc, are starting to get portions of their salaries in BTC. You can always take fiat from work and save it in BTC as well.
It won't be this volatile forever, as the market cap gets larger, the volatility goes down.
What happens to wages when the QE occurs? Nothing, they stagnate.
What happens to real estate and securities? They skyrocket.
I don't care if it's cryptocurrency that we end up using. As long as we can pay people in some kind of security that cannot be inflated, then wages cannot be silently garnished via inflation.
Imagine if you were paid in BTC or saved money into BTC, you won't get diluted over a long enough time, that's the promise. When you get paid in BTC, someone gives you theirs, it's a zero-sum game.
Also, since nobody can print more of it, if someone goes ahead and plays around with high leverage and gets wiped out, their losses won't be socialized by bailouts.