One thing I worry about is if Bitcoin completely takes over as a store of value it would work rather too well to transfer wealth across generations, to the point where it starts to lead to very long l...
I think this is a good point, but the 3% you're describing is spent into the economy, not "generated" as a return. This group might have 70% of the Bitcoin and it might track world productivity to the tune of 2-3% per year so they don't need to work, but they will still have much less Bitcoin over time, they just won't be losing purchasing power.
I agree that the idea of unbreakable dynasties is a worry, but since it's absolutely scarce any spending is gone and irreplacable, even if the remaining sum is equivalent in purchasing power. So I wonder if this isn't actually an issue?
I agree that the idea of unbreakable dynasties is a worry, but since it's absolutely scarce any spending is gone and irreplacable, even if the remaining sum is equivalent in purchasing power. So I wonder if this isn't actually an issue?