Mining gold is also a very destructive and poisonous business that is incredibly bad for the planet. So is copper mining. So is manufacturing computers.

Thank god computers and digital networks are so important that we recognize the importance to keep mining these limited resources to build and sell more computers and digital networks and places to store Office yearly subscription receipt pdfs.

That said, something like 40% of all bitcoin are in just like 1000 wallets.

If bitcoin were to suddenly fossilize into the world's currency the distribution of wealth would be even more inequitable and concentrated than now with national fiats.