Bitcoin is not completely decentralized in the sense that every inhabitant in the world has the exact same share, but it's the most or one of the most decentralized assets.
Those 0.01% don't have the same control over Bitcoin that the Fed has over the dollar. That is, that 0.01% wouldn't have been able to engineer the enormous inflation we have today for the dollar, but for Bitcoin.
I don't think Bitcoin is about democratizing anything, it's about maybe you don't want your share to be diluted by 2-10% every year.
Those 0.01% don't have the same control over Bitcoin that the Fed has over the dollar. That is, that 0.01% wouldn't have been able to engineer the enormous inflation we have today for the dollar, but for Bitcoin.
I don't think Bitcoin is about democratizing anything, it's about maybe you don't want your share to be diluted by 2-10% every year.