Quote from: General_A on January 07, 2015, 05:45:04 PM

Quote from: Elwar on January 07, 2015, 02:28:24 PM

Quote from: kingcolex on January 07, 2015, 02:26:15 PM

Commy coin! The coin where everyone gets an equal share no matter what and the only way to come out on top is through personal merit or shady corrupt skills!

Freicoin is a commy coin. It loses value the longer you hold it. OP would probably love it.

Elwar - refer yourself to the question in this post. How is BitCoin supposed to help the average joe in society when such a small minority own the lions share?

Is every average joe in society the exact same person? Please describe how this person that represents every single person lives, works, spends his money, etc. on a daily basis then I can address this mythical question.

I can, however, speak for myself. I live in Germany working for a US company that pays me in dollars. Thanks to bitwage.co I can get paid in bitcoins. Thanks to localbitcoins I can turn those bitcoins into euros. This conversion actually nets me more money than I am paid in dollars because of the high demand for bitcoins for cash. I like the ease of buying things online with bitcoins instead of giving all of my credit card information, making sure I use whatever address they need to match up to my credit card, make sure my credit card isn't cancelled because I used it in some foreign country without calling the credit card company.

I like that my bitcoins are not run by a central authority who needs war and violence to continue its operation. That my bitcoins are not a currency that is on the hook for over $18 trillion in debt and climbing. I like that I can go to Prague for the weekend and spend bitcoins without paying for the high conversion cost to the local currency.

Average Joe will use Bitcoin or not. For me, it is helpful.