Post
Topic
Board Bitcoin Discussion
Re: My letter to my U.S. Senators regarding Bitcoin
by
bji
on 21/11/2013, 20:43:44 UTC
ya, i don't think anyone is taking you seriously since you obviously haven't thought everything through from every aspect except that every US citizen should have the same amount.
right, what about newborns do they get this virtual currency too? or it's a one off thing that benefits people who are alive in 2015 at the expense of those born afterwards. or does everyone get a coin in perpetuity. if not in perpetuity your whole argument is moot.
you haven't thought your arguments through well.

the distribution of bitcoins people may not agree with but your proposal is in no way better

i feel bad if a senator really does get that letter. they are confused enough as it is!

No, my thick headed friend, if I had thought that people born after a certain date should get a share of the virtual currency, I would have said that.  If you're born after the cutoff date, you are, just as for every other aspect of your young life, dependent upon your parents to provide the resources that you need.  You will inherit your 'share' of the virtual currency that was awarded back in 2013 from them.  If they leave you nothing, well, you should have picked better parents ...

If the U.S. government accepts bitcoin as legal tender, then they are in essence awarding a very large amount of money to the bitcoin early adopters.  On the other hand, it seems inevitable that the government will have to eventually accept some form of virtual currency.  I am simply proposing a way for the government to create a form of virtual currency for the use by U.S. citizens which does not START OUT biased towards early adopters.

I do realize that most people on this forum will be hostile to this idea because they'd rather be rich than fair; but I am hoping that there are other like minded people who will contribute meaningfully to the discussion.

And there is something you may never heard of before called "letting the perfect be the enemy of the good."  My proposal is not perfect so arguing against the places where it is not perfect and could not be made perfect is pointless; but my proposal is better than bitcoin, at least from the average person's perspective.  There are alot of people who have never heard of bitcoin and I really think it would be lame to start out a new virtual currency already putting them at a disadvantage when we have the capability to do things fairly instead.  Alot of things that happened in the past and could be considered analogues of bitcoin (gold etc) didn't really have a planning period or a technical basis that could have allowed it to start out fairly.  But virtual currency does.  There is no reason whatsoever that the U.S. Government couldn't start their own block chain and only accept transactions from that block chain as valid legal tender.  NONE AT ALL.