Quote from: Broly46 on July 29, 2019, 12:42:55 PM

I think bitcoin is the fairest distribution so far, I had never came across a system thats fair from the very beginning, only a better system thats less unfair, and when its fair, it will soon natural developed into unfair, and its the nature of a working economic system, and it is certainly whats going on in the crypto space albeit at a alarming rapid pace, it used to took centuries to distribute gold, when it come to cash, it took decades to distribute, and crypto took only weeks to distribute, and it is also getting very fast to developed into unfairness, Im not trying to undermine bitcoin, it is giving me a mixed feeling about fair and unfairness at the same time, I think its good to share your opinions, what do you think how and why it is more valuable.

And I strongly believe usd is the most powerful currency ever in the world as claimed by POTUS simply because the absurd inequality in distributing the USD, and the top elite simply can print 99.9% of the USD while 0.1% of USD distribute to you and me.

Depends in what you consider fair. The concept of inequality is a problem in itself; some people consider unfair that some have more than others, despite those having worked or risked more.

In the beginning, Bitcoin was available to everyone, willing to dedicate a few computing resources to mine it. But with time, given that the amount of worldwide produced Bitcoin is fixed in the code, the more people got involved, the less everyone would get. Furthermore, those willing to invest more into mining, would get bigger chunks than others.

You could say that's unfair to the poor, depending on where your ideology comes from... Unfortunately that camp is more of the idea of, give the exact same amount to everyone, no matter what. Working or risking is irrelevant. Then you are going to get the other group claim, that is unfair the lazy and do nothing are valued the same than the hard workers, or that you value a hard worker like a parasite.

So what it is fair?

Challenging the power of the USD, sure, that was bound to happen anyway. But the rich, the so called 1% isn't going to be affected so don't ever think this is some kind of social revenge, it isn't. See, those people can, and actually have the chance to jump ship (wherever they do it its their problem). And the smart ones would have large investments in many assets anyway, not just USD. Should the USD collapse, as some wish, the ones with the most to lose are ironically those holding less of it, since overnight their purchasing power gets cut in half or more everyday (i know, I'm living in hyperinflation here) while the rich remain mostly unaffected, just a few trades here and there and everything remains the same.

But, having produced money that replaced State controlled money, that is a success, and a small gain for humanity. People and economies NOW have the chance to have savings actually gain value (slowly) overtime. Sure a few did in the past, but who could ever afford to own and secure valuables like gold?

Maybe you could say Bitcoin was like getting gold available to the masses.