Quote from: cryptocurrencylive on August 05, 2014, 12:45:08 PM

Blockchain revolution: open source democracy for the 99%

https://www.opendemocracy.net/ourkingdom/nozomi-hayase/blockchain-revolution-open-source-democracy-for-99

The only issue I have with this, is that you confuse democracy with republic. A pure democracy is horrible, it eliminates the needs/wants of the non majority. For example, in a pure democracy just slightly over 50% is required to be in agreement and all others lose their voice. In a republic you can be .00000000001% of the total population and still have a voice.

So what you really want is a republic for all, so everyone has a voice. If you are taking the 99%'s voice only, you are eliminating that "1%" the media convinced you to think of as evil. Last time I checked in the U.S.A. I didn't see many people who own small businesses paying 80%+ of the taxes which make the country run(the top 10% do that) and the top 1% pay something like 63% of all taxes(while we have about 93million who could work unemployed out of a total population fo 330million+ people.)

Now you can say it isn't fair and it isn't right and then you can go right ahead and blame politics for it, it is politicians who created the bad policies to make it like this. Satoshi has what, a million bitcoins? He created something right? Should he not have 1 million bitcoins then? He is a 1%er in terms of nominal USD value. So because he did something, created something, did something nobody else could, he earned it himself or with a few other people and became a 1%er.

Why so much hate for 1%ers when the founder is one. I do not get the arbitrary hate people have for private business. GOVERNMENT is the problem. GOVERNMENT makes the policies that businesses have to live by. GOVERNMENT could change a lot of policies to bring more money back and we would be better off. GOVERNMENT can make it so there aren't as many lobbyists that big corporations can hire to lobby things. GOVERNMENT can do anything and everything, so therefore it is ALWAYS at fault for the policies/rules/laws that are created.

TL:DR

If you are blaming private organizations for making too much money because they did something almost no one else can do, you are not doing much research into the real contextual reasons for how companies must abide by GOVERNMENT laws/rules/regulations/policies.