Proof of Oligarchy

It’s a common misconception that bitcoin was intended to solve wealth inequality problems.

It’s main features are being open-source and permission-less IMHO


It would be interesting if someone tried to actually make a wealth-redistribution coin, perhaps by heavily taxing large transfers and redistributing it - I’m not sure how you could possibly prevent it from being gamed though. And of course you would have to convince the richest to use it. So I guess more interesting as a thought experiment.

Things that are (actually) decentralized serve to benefit everyone. Is Monero (XMR) a centralized technology that only serves to benefit the elite?

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