The Cantillon effect: "the first ones to receive the newly created money see their incomes rise whereas the last ones to receive the newly created money see their purchasing power decline as consumer price inflation comes about." https://mises.org/library/how-central-banking-increased-inequality … https://en.wikipedia.org/wiki/Richard_Cantillon …
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Doesn't the same effect apply to cryptocurrency? The world's poorest in general will still be the last ones to receive this newly created money.
Bitcoin's money creation converges, so there will be very little Cantillon effect.
