I hope they do, that is the entire point of taking the boot off their necks with the new fork.
Instead of 50% of the inflation going to 20 accounts and their 'deserving' creators it will be crab bucketed on a more equal footing.
The crowd deciding where the inflation goes will be much larger.
It is unlikely that I will live long enough to have 1000mv, but not as unlikely as making it into the current top 20.
Why would I continue to put effort into a game when I know I won't ever compete on an equal field?
My investment becomes the exit liquidity for people maintaining their flow of the inflation, selling only their 'earnings' and never touching the principle.
Potentially, on an endless gravy train of fleecing the people that can't math.
Who does that?
If I had an investment license they'd take it away for advising buying into that.
Or, give me a plaque at the yearly awards dinner depending on which bank I worked for.
You do realize this is the same as every economic system in the world. Do you demand the top 1% of fiat holders give you their money because you don’t have as much as they do?
Nope, they can keep their mansions and jets, too.
Presuming they can keep their hands off of my stack they can continue on as if nothing changed.
On any given tuesday we can simply stop paying for things while continuing to do the things needed to have things and cut the banksters off completely.
This book lays out the math in an academic way.
This book gives a fictionalization of how a nearly moneyless society would look.
This short story gives a viable path to the other side of serving the banks.
But, I already know you won't take the time to read those, reading them could mean knowing that you are wrong.
I had to face up to it, I was not prepared for what Looking Backwards said in 1887.
Not malicious wrong, mind you, just unaware of the options available due to limited research into other ways of managing large groups of people more equitably than 'there can only be one' dog eat dog competition.