Yeah, this "Let's just give everyone money and everyone can be rich!" doesn't work in real life. Money doesn't always equal wealth, you know..
Actually it is production that creates wealth and production is stimulated by consumption.
When world currency would be deflationary then consumption will slow because everyone will be motivated to hold onto their money, not to use it on consumption. That in turn means that production will slow down and that actually means less wealth to everyone.
Now, if the globe would be in one peaceful society, then maybe it could fly. Less consumption would mean less destroying our natural enviroment and all. But because evolution dictates the survival of the fittest, this laziness propagating economic way won't work. People who work more and better will always rule over those who just want to sit on their ass.
KKaspar:
I do NOT necessarily disagree with you, but to me it sounds as if your post is filled with a lot of hate and resentment for poor people.
I was merely trying to describe a dynamic that exists with deflationary currency, and you and I seem to have some agreement about a potential incentive that could be created in which people may NOT have the incentive to work. We agree on that, but I CANNOT bring myself to agree with some of the other seemingly hateful and assumption aspects of your post.... that seems to assume that rich people are entitled to more than poor people... and a bunch of the other assumptions that goes along with those kinds of striving to maintain the status quo and the current wealth distribution.
You also seem to be asserting some kind of assumption about trickle down economics actually working, which I CANNOT bring myself to agree with those kinds of assumptions, either.
Anyhow, if bitcoin is going to be successful, you and I agree that it would change social dynamics. Accordingly, you seem to assert that it is NOT in line with human nature, and I would assert that some social, economic and political institutions may need to adapt to these new dynamics to find a way to work.... especially, if governments and companies are NOT able to get rid of bitcoin, then they will have to work on ways to adapt... which may create growing pains for a lot of us... NO matter what our previous conceptions of the ways of the world and human nature and politics, productivity and wealth distribution.