Post
Topic
Board Bitcoin Discussion
Re: The Bitcoin Phenomenon on SQ1.tv
by
LightRider
on 01/09/2013, 03:26:24 UTC
Has SQ1 considered investigating a resource based economy, where tremendous resources are not wasted in the efforts of currency creation and transaction processing, and instead are used intelligently for the benefit of all people?

Thank you, LightRider. I visited The Venus Project. Looks interesting. Will look into it further with an open mind. But I do believe that capitalism is a pretty good system. And it allows for expression of human creativity and ingenuity in ways that all other systems do not. Even in the closest thing to a controlled experiment, we saw the difference between West Germany and East Germany at the point of unification. North Korea vs. South Korea today.

It's disappointing that you believe that the vast majority of the world's population suffers for the benefit of the relatively few is a pretty good system.