I agree, I too want a monetary revolution. But this just stinks of greed, and the model is flawed due to the initial unbalanced sharing of wealth. As a principle, I will not buy any BitTulips
This is my concern too. It is often explained here as high profit associated with high initial risk taken by early adopters, but somehow I don't buy it.
you were born into a unbalanced sharing of wealth. get over it.
Good point, sir. Have a tip.
Also, are there any practical models that actually promote balanced sharing of wealth?
What stops a large organization or government from simply starting an alternative "BitCoin" and market the shit out of it, making BitCoin a thing of the past. And why don't they, because BitCoins are still relatively harmless (think tax evation, state tax, terrorism (just for marketing purposes), etc). I think once there is a crack, BitCoins will never recover.
So because we've been born into an unbalanced sharing of wealth, this somehow makes it OK?
WTF!! If it ain't about greed, then share your BitCoin wealth amongst ordinary people and get them involved in the market place. This should be an enabling technology, not an investment opportunity nor a pyramid scheme.