Of course that is true, but that's true of anything of value in society, it is unequally distributed. Surely nobody expects a software protocol to equalize any and all capital in the world?
What I mean by equal opportunity is that Bitcoin treats every wallet owner the same and does not favor any elite or closed group in any way. There's not been a "hidden" period where insiders could jump in, whilst others could not.
That's much different from almost any other crypto, where the development team pre-mines supply and rewards them to themselves before opening sales of their tokens.
Likewise, owning lots of Bitcoin does not reward additional Bitcoin. This rich get richer effect is simply not there. Although rich people do tend to get richer in other ways, but that's not Bitcoin's fault.
This too is different from PoS crypto, where owning lots of crypto rewards you even more of the token.
What I mean by equal opportunity is that Bitcoin treats every wallet owner the same and does not favor any elite or closed group in any way. There's not been a "hidden" period where insiders could jump in, whilst others could not.
That's much different from almost any other crypto, where the development team pre-mines supply and rewards them to themselves before opening sales of their tokens.
Likewise, owning lots of Bitcoin does not reward additional Bitcoin. This rich get richer effect is simply not there. Although rich people do tend to get richer in other ways, but that's not Bitcoin's fault.
This too is different from PoS crypto, where owning lots of crypto rewards you even more of the token.