Post
Topic
Board Bitcoin Discussion
Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
by
brg444
on 19/09/2015, 16:25:02 UTC
Yes, I know you'd love for Bitcoin to be a tool of wealth redistribution, but that is not how it works and it was never meant to be so. Stop conflating your delusions with reality.

If Bitcoin is adopted by the world's economic majority then by definition it has become the standard for money. This necessarily translates into its adoption by the remaining 80% which, as any herd does, will follow. As such, having our financial system operate on the sound economic theory of Bitcoin will benefit EVERYONE, even if the 80% retain little control over it.

I'm sorry but you have terrible understanding of economics and how this world operates. You might think your opinion holds value but seeing as most of it is pure delusion and ignorance you don't get to pull the "agree to disagree" argument. How you'd like the world to work is not representative of how it actually does work.
Bitcoin does bring about wealth redistribution whether you like it or not. How about instead of telling me that my opinion is one of pure delusion and ignorance you give me a counter argument instead. That would be more convincing.

How about you don't bother me with your economic ignorance?

Wealth disparity is an inevitable outcome in any economy. Bitcoin is capitalism in its purest form. Stop trying to stick socialist shit to it, it won't stick.

Have you had a look recently at the wealth distribution in Bitcoin? It is arguably worse than in the fiat economy. The suggestion that Bitcoin brings about wealth redistribution is laughable really.

https://en.wikipedia.org/wiki/Pareto_distribution