Hello,
I would like to discuss about the primary idea of bitcoin of Mr. Nakamoto. Was he a/is he a person who wanted to make world better place, to take from rich and give to poor, to create new elite? What I am linking to is that at the moment large mining farms, bitcoin visioneers who started in early 2010-2013 now have most of bitcoins and sad (my oppinion) truth is that they will keep growing than most of society stays in poverty.
I think it is socially incorrect situation as it is because I think primary and main idea of bitcoins was to make world a better place to live, to shorten gap between rich and poor, educated and non educated people...
And finally happened what happened, rich got only very small percentage, while others live as they lived before...
What is your oppinion? What was real primary idea of bitcoin? Are we on a right way as Nakamoto visioned?
The main value of the blockchain is decentralization and independence. I also think that Bitcoin's idea was based on the desire to create not just another "piece of paper" that represents real money, such as gold, but an analog of gold itself. Take those properties of gold, through which it is the ideal money, and make an electronic currency based on them.
Once Bitcoin is on the market, its value is determined solely by the level of trust in the system. The more people trust, the more Bitcoin will be bought, the more dollars will be invested in it and, as a consequence, the more expensive Bitcoin will be.