The thing that Bitcoin really puts a stopper to is printed money.

Yes initially an elite may end up owning all the Bitcoin. However what happens when he wants to buy an apple?

He must part with his BTC to give to the apple farmer.

In today’s system in one way or another he doesn’t care because he can simply print more money and so no direct loss to him.

The apple farmer traded his hard work for nothing though.. but that loss was spread across all of society.

However with a limited supply of btc, he can’t simply print money and buy infinite apples. The farmer got real value and the “Eliete” lost real value.