Quote from: BlockchainBoyyy on June 16, 2019, 06:59:28 AM

Quote from: avikz on June 16, 2019, 06:36:17 AM

One reason I like bitcoin more than fiat is because of distribution. (all though fair distribution though time/duration will replace bitcoin mark my words or will be traded into bitcoin)
Another reason I like bitcoin is because you can`t just create it, it is like gold you need to mine it. (you know gold that thing that used to back our money)

What are your thoughts? Is fiat money more real than bitcoin?

Distribution is still not fair! Only a handful of miners are getting the maximum benefit, but it is somewhat better that the current economic system!

One thing I agree with you is the "Time" currency. In future, time is going to be the only currency and for each action, you are going to get a credit of time in your time wallet which you can spend to the market. A lot of people will say it is impossible, but when we talk about fair distribution, Time can be the only currency which will ensure the fair distribution. No other currency or government can ensure "fair distribution"!

But on the other hand, power mongers would not let it happen because the power will then be shifted to the common mass!

+1
You should read some of his older post on how to do it without the government or current banking system. This man(TimeBits) has a great point and great concept that will free all of the people and create Universal Basic Income, not at the expensive of the tax payers. He also talks about the topic of decentralized voting, which is the real spoiler.