Quote from: DooMAD on June 19, 2024, 05:18:20 PM

Quote from: BunnyWunny on June 18, 2024, 11:46:33 PM

But a world in which Bitcoin is the de facto currency is one in which governments will no longer have the option to print currency and attempt to distribute it to the less well off.

I don't think many governments have done anything like that lately. All the new money tends to flow straight to the top of the pyramid because governments are still pushing that abhorrent 'trickle down' lie.

Whether Bitcoin causes greater wealth inequality or not is immaterial. Governments have proven they can't be trusted to run economies and this is the direct response to that failure. It was never Bitcoin's goal to eradicate poverty. It's just there to negate the need for trust.

Social welfare programs, socialised health and education programs, covid checks. its very common. it doesnt all get distributed straight to the top of the pyramid although it does all end up there over time.