Post
Topic
Board Politics & Society
Re: Bitcoin - powered by greed?
by
hawkeye
on 28/05/2013, 08:39:45 UTC


OK, semantics get tiresome pretty quickly for me. Also I did not attribute "greed is good" to Ayn Rand, rather the long quote that Gordonium pasted without attribution.

From wiki: greed = "an inordinate desire to possess wealth, goods, or objects of abstract value with the intention to keep it for one's self, far beyond the dictates of basic survival and comfort".

Obviously my analogy was to point out that a child has to learn not to take more than they need. I don't think it's much of a stretch to apply the analogy to the rich/greedy?  Is it good that we have people who could spend $100,000 a minute and still not be broke by the time they die?

I would think that greed is inherently counter to self-interest, so let's not bother trying to equate those terms.

Basic survival and comfort is a pretty low bar.  Do you need your TV for survival.  Your playstation?  All those games?  etc, etc...

Have we got an objective definition of what's greedy or is this all just people's opinions?  Or are we saying that anyone with creature comforts beyond their survival needs is greedy?  Which would then equate to a large percentage of the population.