Bitcoin Forum

Other => Beginners & Help => Topic started by: luckyindia on March 13, 2013, 07:00:02 AM



Title: BITCOINISM
Post by: luckyindia on March 13, 2013, 07:00:02 AM
It appears that the fundamental principles of BTC is a blend of both CAPITALISM & SOCIALISM. Both these have been finely distilled to get fundamental principles of Ethics.  When the econmies of most of the countries are devasted by corrupt & selfish rulers by concentration of economic and political resources in a few hands, BITCOIN has the potential to kick n kill the corruptive n selfish rulers of every country, whether democratic or dictatorial.With the passage of time BTC with its  strong INTERNAL CHECKS AND BALANCES will be capable of bringing an equal distribution of wealth


Title: Re: BITCOINISM
Post by: Bitcoinm on March 13, 2013, 06:10:04 PM
I would be interested to see how the wealth distribution of Bitcoin ends up but I'm not sure we will ever know.  Bitcoin is the most free system as you and ONLY you have control over your money.


Title: Re: BITCOINISM
Post by: Stunna on March 13, 2013, 06:14:31 PM
I doubt there will be an "Equal distribution of wealth" but people certainly have more security over their investment


Title: Re: BITCOINISM
Post by: Humanxlemming on March 13, 2013, 06:18:31 PM
I'm new to bitcoin mining but I learned so much more about it the entire fact that no banks to deal with made it a really great +