Quote from: avikz on January 14, 2020, 04:13:38 AM

Quote from: amyshek1979 on January 13, 2020, 08:39:16 PM

Bill Gates recently published a blog post reflecting on 2019, in which he noted that his extreme wealth is unfair. Heres why Bitcoin fixes this:

https://bitcoinist.com/bitcoin-solves-this-bill-gates-talks-about-the-us-wealth-gap/

What do you think, guys?

I completely agree to the point of Mr. Gates where he said,

Quote

The distance between top and bottom incomes in the United States is much greater than it was 50 years ago. A few people end up with a great dealIve been disproportionately rewarded for the work Ive donewhile many others who work just as hard struggle to get by.

However, I am 100% sure that bitcoin can't solve this issue of income inequality. It would have been only possible if common people can mine it with an average laptop and not on an expensive mining rig. Bitcoin really doesn't give that chance and hence miners with deep pocket are only able to sustain themselves while small home miners a left out from the race!

Bitcoin indeed proves the statement - fortune favors the brave! Those who have jumped into this race during inception, they are the most fortunate ones! Rest all are struggling!

Agree, Bitcoin cannot solve it, it's a good topic of discussion but right now - even with bitcoin, if you have more you will earn more as you say.

Fortune does indeed favor the brave.

I would love a solution where we can reward equally, it will come in time, we just all have to keep our eyes open for it.