I understand what you are asking, but the expected distribution patterns of bitcoins is unlikely to meet any definition of fair according to the majority of people currently using any other currency, and its never going to get there.
My basic problem with cryptocurrency is that they seem to think money is created through work, whereas it seems its created through debt. But then I have not read around the subject enough
In bitcoin we long passed the point where money is created. The only way to own bitcoins now is to get them from others by giving them something else in return. Dollars, or a painting etc.
I'm not sure what you mean with "money is created through debt".
And 98% of wealth is owned by 1%? Globally maybe but in the US? Home ownership is very widespread - something like 80m homes, with trillions of asset value.
Yes, and so are home mortgages, with trillions of dollars of mortgage liabilities...
You can't assess the distribution of wealth by looking at asseta without looking at liabilities. That's even more true of looking at one single class of asset, that commonly is tied to a liability of a significant share of its value, when not looking even at that tied liability.