emcot on Nostr: Bitcoin distribution will trend towards those who work for it. Rich people need to ...

Bitcoin distribution will trend towards those who work for it. Rich people need to pay for stuff, and their wealth will distribute over time. If they simultaneously provide surplus value and earn more and get richer, good for them.

Successful family businesses or estates typically fail in three generations because by the third, those grandkids are net sellers of value into the world. The same will be true for huge HODLed stacks. HODLers are important for this first generation of bitcoiners because ngu matters for growth. The HODL meme dies a little every day as more humans choose bitcoin.