Bitcoin Forum

"An Alliance must be started to create a meaningful dialogue about the real global crooks in this world. Hopefully, the blockchain will be the tool to eradicate these fallible humans who keep scamming the public with inflationary spirals, booms and busts, and fractional reserve banking. Bitcoin has been sent to us from the vision of Satoshi Nakamoto, and has brought forth a system of accounting that cannot be tampered with." https://news.bitcoin.com/against-bitcoin-alliance-we-need-anti-bankster-group-instead/

The power of the banking system and the abuse of that power can not be broken by our democracies,It can only be weaken by mechanical malfunctioning which will destroy the trust in the accounting power of that system. This alone will enable the redistribution of power held by central banking. Social based laws such as a constitutions or bills of rights can not overcome the power of accounting. It is only an alternative system for accounting and secure distribution which can have the power to deflate the banking system and inflate a competitive decentralized system.

It is not enough to take the dollars from the wealthy banks and hand to the poor. In order to redistribute the wealth effectively, these dollars have to be exchanged for a token of a decentralized monetary system.
(Of course this exchange could have been done according to the laws if our laws where govern by the power of the people and not by the  power of fractional reserve banking and central banking.)

You can distribute the coins evenly initially to everybody in the world. But as time pass by, these coins will be accumulated by small number of people. Are you going to distribute again?

Get off your ass,  get a job, earn your money, invest wisely and grasp opportunity when it presents itself, then budget your money to live within your earnings.

Could not have put it any better.

The problem with this whole redistribution talk is where you draw the line? Do you only target the banks or do you also target the rich? If the rich is also to be targeted how will you define 'rich'? Is a person with a, say $2million house rich, if so is he still rich if there is a bond of say $1.8million on the property, also if based on income, where do one draw the line?

Only way to be fair when redistributing wealth is to get everything into one pot and then to divide this equally among all people. Good luck with this. There will always be somebody who will not be happy and as another poster above already mentioned, the balance will not remain. Some will 'sell' their wealth again to others for certain services leading to some again having more than others. What then, another re-redistribution?

why work hard if wealth is just going to be redistributed? it makes no sense. wealth will always concentrate because people figure out how to "win the game". the only way to fix distribution problems is to fix problems with human nature. it has nothing to do with money. this concentration of wealth is a reflection of the current state of human consciousness

Wealth does not just find you there. some people have worked hard, spent sleepless nights trying to succeed. some have been frustrated a million times but never gave up.others chose to sleep and took comfort in their failure..Then you say that life is unfair? life is very fair. it rewards you with what you have worked for.. You cannot take somebody's wealth saying you want to redistribute it..Those who haven't worked for it will just waste it away.in life we all have opportunities so let every one utilize theirs the way they want. You reap what you sow.

Because I dont want to be a fucking bum and I want to survive and thrive with a higher-than-minimum quality of life, with assets that I can pass on to my progeny.

+1

Yup.

This has been proven beyond any doubt through all of mankind's history.

I seen a TV show that listed a country that started out even basically.. later it went lop sided.
this ALWAYS happens.
Through The Wormhole - S05E03 - Is Poverty Genetic
i think that showed the formula for it.. there is an equation that outlines it clearly.

unless you keep taking away peoples money and redistributing it there is nothing you can do.

OP, i think your post is silly naive and childish.
so much so i can't be bothered to even waste my effort here further..

That just isn't true. Would you say that all the dollar bills have been accumulated by a small number of people? You are confusing money and wealth.

So this is like another approach to communism or something like that? Lets give everyone their share and see what will happen?
Unfortunately as we know from history this is not possible to equally distribute wealth it can be achieved for short period of time.

I too, think that current wealth distribution is not good and I would very much like to change it, but giving money to poor is not the best option.
And honestly I am not sure what needs to be done about that, to make things better and not worse.

Specifically, why do you believe this?

here is a link to one of a few explanation how an why wealth have been stolen from thous who are now poor. giving back money and mostley resources which was stolen by the rich in the beginning.
https://www.youtube.com/watch?v=H0cBeNP9Ddw  

There is not much difference between the money and wealth. The wealth can be represented in money. We say Bill Gate has $600 billion wealth, if he converts it into dollar bills, that is $600,000,000,000. The wealth are accumulated by hard working people. They will richer and richer as money makes money.