[G3rn0ti]

> In other words, concentration of wealth in the hands of a tiny group of people.

Well, Bitcoin and Defi already serve the poor in countries where they are being denied access to financial services.

You also need to distinguish between the concentration of wealth and income. The reason for why the wealthy seemingly getting wealthier and the poor getting poorer is in fact the low interest rates payed to savings account holders. Rich people invest in equity or housing. Poor people have no safe means left in Europe and the US to save money and grow their wealth. Apart from the inflation tax the reason for this situation are indeed economic policies of our central banks that have lowered interest rates to almost zero for decades.

Using DeFi services like “Compound.finance” today you can earn significant interest on your Dollars (yes, Dollars not Bitcoin) and that’s exactly because these services are detached from the financial System governed by the Federal reserve or European Central Bank.

I would go so far and argue DeFi and Bitcoin are liberating the poor from economic suppression even in the wealthiest of nations.