99% of all the bitcoin is owned by 1% of all the users.
Video explaining 1% own 99% of all Bitcoin
Bitcoin is an improvement to the monetary system only in efficiency. The main issue of the previous fiat currencies is more abundant in Bitcoin which is the concentration of the elites wealth making all other users slaves for the system.
Fair distribution and manipulation proof are the most important elements needed.
Things in the crypto sphere that should be focused on.
Lowering energy consumption & using energy more efficiently
Fee free & instant transactions
Ease of access
Removing scary wallet address’s that are a random string of numbers and letter
Replacing wallet address with a phone number.
Replacing private key with fingerprint.
Currently the entire crypto sphere is focused on tech that doesn’t focus enough on usability and simplicity.