Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
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.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.
We have already given you the proper counter arguments (Pareto, etc). You are not convinced because you are incapable of understanding them.
You are lucky to have such excellent teachers here, but our efforts to cure your stupendous ignorance are to no avail.
Oh well...you really should be out enjoying your sophomore year (with parties/girls/drugs/music) instead of displaying your delusional naivete to a forum that knows better.
