Quote from: Elwar on January 07, 2015, 10:39:51 AM

Quote from: Crypty3 on January 07, 2015, 09:47:52 AM

I am surprised this has got less attention.

We get some socialist on here about once a month bringing up their insanity. For them I say...Bitcoin is not for you. Stick with your notes.

http://media.coindesk.com/2014/02/Screen-Shot-2014-02-14-at-2.38.44-PM.png

Attack this:

Quote from: General_A on January 07, 2015, 04:19:58 AM

At 100-1000 the number of wallets stands at 15,356 and a combined wealth of 67.64%. Here the wealth is held by 0.93%. < The top 1%. Now below I have inserted a table from Thomas Pickety: Capital for the 21 century, which has rough Wealth Distributions across the globe. This data is not perfectly accurate but gives you a rough idea.

Call modern day social systems what you want, and even at those quite frankly shocking levels of parity, there is still a much more fair distribution of wealth from 'capitialism' than from Bitcoin (35% at the top 1% vs 67.64% for BTC).

How can you buy into a system where you know the cards are stacked against you? Not to say they're not in the current system. But in BTC their is more wealth inequality then societies with a monarch. How is this system going to help society advance?