Post
Topic
Board Politics & Society
Re: The Biggist Threat To Decentralized Crypto-Currency And The Bitcoin Ideology
by
JuenoMT
on 16/06/2013, 11:43:45 UTC
What is actually written is that 'the LOVE of money is the root of all evil.' It is this fragment of ancestrial wisdom that I wish to bring to lite so as to address the logic behind my assertion.

“did you say it’s the love of money that’s the root of all evil? To love a thing is to know and love its nature. To love money is to know and love...

O.k.,... I think you have got the wrong idea about the point of this article, it is not about money. I don't understand how you came to such a conclusion about what I wrote. This is a reply I posted in a thread about greed... from this you can derive my opinion about money...

It's not at all greed. Any Money fills 3 functions:

1) Unit of account
2) Store of value
3) Medium of exchange

Money simply means that I can sell my old camera then maybe buy some pizza with some of the proceeds vs trying to find someone will accept a camera for a pizza, and then give me something that is worth the camera-the pizza for change. Money fulfills a function that allows an economy to work to some degree of efficiency.  

Nice concise summary of the function of money but I would add to this concept by saying that money represents time. We spend time to acquire ____________(write anything.) But even this is not quite right, the true equation is

money = |(life SPENT)*value|
were;

       (life SPENT)  is equal to Life Span - {Life Span + [years:months:days:hours:minutes:seconds of work done to acquire ____________(write anything.)]}

                   and value is equal to (what we are willing to take as compensation for life SPENT that will never be experience again).

Therefore we get this function for greed (if we define greed as purely a moral nagative acquaintances (i.e. selfish action without any real positive or intended benefit for others beyond ones inner circle of acquaintances),
Greed(x) = [someone elses |(life SPENT)*value|x / [your |(life SPENT)*value|]

were;
                
x is equal to unfair compensation for someone elses |(life SPENT)*value|
OR
an unfair advantage to acquire ____________(write anything) that is used with disregard or contempt for someone else

Greed is not necessarily intentional, it can happen over time and catch an individual unaware. Yet once at the point of being greedy it is hard to stop because of the human instinct for self preservation and resource protection.


In fact I highly value the effort that others put forth to acquire their desires, just not when they do so at an undue cost to anothers efforts to acquire their own desires, which I make clear with this reply from yet another post...

What is BTCitcoin you ask?

Like all forms of Money,

a BTCitcoin is a measure of how much we Value

a single unit of our Lifes Energy,

or at least it is the Value we place

on the Time we have spent doing work,

Time which we shall never see again.

So, can you point to a single comment that I made that implies that I "hate" money, which you seemingly atribute to me?

My agenda is the equality of opportunity to acquire ones needs and desires. This agenda requires the preservation of ones right to acquire wealth in accordance to ones efforts. I can tell you this though, an unjust disparity occurs when one obtains many fold the wealth of another while only putting a small fraction of the effort as that same other.

Most minimum wage jobs require a large degree of physical labor compared to most highly paid careers and many people I have known who are at the bottom of the pay scale work far harder than many millionaires. But that is not the issue either but it does serve to show the consequences of wealth disparity. People that make good money have a wealth advantage that vastly improve the odds that they'they'll get a good education which makes it easier to get a high paying job or take advantage of certain wealth generating circumstances. People of average or lower economic status are not as likely to have the same advantages. Higher pay typically means lower physical labor but often more hours, low pay typically means a high degree of physical labor and average 40hr week. But, the lowest pay typically involves a high degree of physical labor and more hours. This lowest end of the pay spectrum is essentially like a death trap.

What I propose is that we take this historic event and use it to end this disparity for good at the dawn of a new age. It can be done because we are the architects of the foundation of the coming era.