I’m not libertarian at all. I see cryptocurrency as a fair and transparent way out of the extreme wealth inequality we see in the world today. Decentralization gets me excited. New ways of using technology gets me excited.
A non-inflationary currency promotes hoarding. The biggest whales in crypto own a huge chunk of the total supply, even more so than in our current fiat system. How you think such a system does anything but worsen wealth inequality is a mystery to me.
cryptocurrencies are not going to solve extreme inequality. they are a transparent way to transfer wealth from new investors to early investors (aka ponzi scheme)
"A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors"
Sorry to burst your bubble, but cryptocurrency does not work this way.
Your reasoning can be applied to any asset, for example, a shitty house in California that is now worth $1M.