Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is gaining momentum in Africa
by
william8829
on 14/12/2017, 16:47:09 UTC
I believe Bitcoin was intended to spread the wealth.  Decentralization is the keyword here.  To read about Bitcoin being adopted in poor economies is heartwarming.  To allow countries that have been exploited and or deserted by centralized authorities to have an equal footing in the global economy really makes me optimistic that Bitcoin and its community is really doing some good in this world.  

No it wasn't. Sorry to burst your socialist dream but bitcoin will do exactly the opposite.
Those that have money now will get richer, the ones that can't afford to buy will stay poor.

Bitcoin is pure capitalism and free market, not state controlled socialism

There has been a misunderstanding.  Maybe it is the phrase 'spread the wealth'. Spread the power is better way to say it.  Individuals would gain power back from governments and corporations by owning and controlling their capital.