Post
Topic
Board Speculation
Re: Bitcoin trades the inequity of dynastic power for the inequity of early adoption
by
Richy_T
on 15/04/2013, 20:39:43 UTC
Meh, here's the thing about having a lot of bitcoins. If you don't spend them, there's no difference. If you do spend them, you get cool stuff but you also have less bitcoins (and somebody else has more). It's not like the current situation where the rich can position themselves at the output hopper of the printing presses and fill their pockets at will with the proceeds of your savings account.

bitcoins don't magically multiply on their own. You could invest to make more, perhaps but in the process, you have disbursed bitcoins from your stash (and taken a risk).

If you can generate more Bitcoin income than outgoing, however meager, you can save it and know the government can't depreciate your savings at will. That's a damn site better than how things stand at the moment with fiat. I think the people who have allowed that to happen deserve the spoils.