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Author Topic: Fix the money, Fix the world.  (Read 1545 times)
topbitcoin
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July 05, 2023, 04:42:39 AM
 #21

The Rich/Government has used money as a tool to oppress the poor in a way that they practically use it to control everything in the world with the help of financial institutions.

The high class as they are called has maintained dominance in everything, not to be bitcoin biased or cynical, but in this case, I see Bitcoin as the alternative to this controversy and if we want to eliminate the power that is intoxicating us, then we must advocate for alternative means, Bitcoin as a currency without any central control will handle this menace in a manner that everybody will have power, control and self custody of their bitcoin, the market forces will now depend on more individual investments in it and group or institutional adoption, just imagine making Bitcoin handy and accessible to the populace.

I think the world will be a better place without notice or segregation between the rich and the poor if Bitcoin is embraced fully since Bitcoin is not a currency of a particular country everyone has the equal right and power to either store it or use it.
Looks like you need to explain what the oppression you meant by the government/rich people, because this makes me somewhat less understanding where it is in this case.

Without a separation between the poor and rich?
This thing in my opinion is impossible, even if Bitcoin has been legalized as a currency for payment tools, because your logic has 100 BTC but there are people who have 10000 BTC, of course you have a low class than people who have more bitcoin totals than you , as is the case with Fiat, you have $ 100 and other people have $ 10000, so with Bitcoin also rich and poor there must be, which in the insting of people who have many bitcoin will definitely be appreciated by other humans even though this is subjective.

If the rights are in my opinion from the average regulation, that humans have the same rights, such as the right to life, the right of state, the right to expression, be educated, the right to have strength and others. But sometimes you have to pay for other people's services to get better services, or you will be applied to pay food at an expensive price in a luxurious place, if you can't pay it then entering you into the poor category is natural, because in the conclusion you are not not Having rights, but you don't have money as well as if BTC is implemented.

If you don't have BTC, then you will work for people who have a lot of BTC to pay for your work services.

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July 05, 2023, 05:07:06 AM
 #22

The Rich/Government has used money as a tool to oppress the poor in a way that they practically use it to control everything in the world with the help of financial institutions.

The high class as they are called has maintained dominance in everything, not to be bitcoin biased or cynical, but in this case, I see Bitcoin as the alternative to this controversy and if we want to eliminate the power that is intoxicating us, then we must advocate for alternative means, Bitcoin as a currency without any central control will handle this menace in a manner that everybody will have power, control and self custody of their bitcoin, the market forces will now depend on more individual investments in it and group or institutional adoption, just imagine making Bitcoin handy and accessible to the populace.

I think the world will be a better place without notice or segregation between the rich and the poor if Bitcoin is embraced fully since Bitcoin is not a currency of a particular country everyone has the equal right and power to either store it or use it.
Bitcoin is also money so how can someone afford it if they are poor? Bitcoin is not really came here to bring financial equality but eliminate the middle person in a transaction.

Only important point to note is it's decentralised so not controlled by government or an individual which gives financial freedom and eliminate the power of printing unlimited money. So Bitcoin may reduce the financial inequality with this power but it's not the ultimate solution for poverty since it's completely rely on the hands of policy makers.









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July 05, 2023, 05:35:54 AM
 #23

Bitcoin will not eliminate the divide between the rich and the poor... but it will reduce the gap between the poor and the rich, because it gives them a technology that are cheaper than the traditional Banking system.

Many poor people cannot afford a Bank account, because of the fees that are charged by the Banking sector, so Bitcoin puts a technology in their hand that will open up a world of opportunities for them to operate small businesses with little or no Banking fees. (Lightning Network)

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July 05, 2023, 05:40:16 AM
 #24

Bitcoin as a currency without any central control will handle this menace in a manner that everybody will have power, control and self custody of their bitcoin, the market forces will now depend on more individual investments in it and group or institutional adoption, just imagine making Bitcoin handy and accessible to the populace.
The world economy has been designed to favor some powerful countries. These powerful nations manipulate the economies of weaker countries. Currency is one of the tools of control because international trade is mainly done with these currencies. This has given these nations an undue advantage over others. If Bitcoin is adopted as the currency for international trading, it has the potency to reduce the influence these powerful nations has in the global market. It will also reduce the strict control by governments of the financial activities of individuals because Bitcoin is decentralized.

I think the world will be a better place without notice or segregation between the rich and the poor if Bitcoin is embraced fully since Bitcoin is not a currency of a particular country everyone has the equal right and power to either store it or use it.
Fiat doesn't also segregate because if you engage in profitable activities you will also get fiat money. Bitcoin is not the savior of the world. It will not make the poor rich or create a just and egalitarian society. People need to have money to buy Bitcoin, so the poor will still be sidelined. The standard of living in a country will determine how successful Bitcoin will be in such a nation. If the people see financially stable, they will enjoy the benefit, if they are poor, they will not have access to bitcoin.
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July 05, 2023, 02:39:31 PM
 #25

Eh, I don’t think there is dominance by rich people. They are rich because they know how to use the money to make more money and how to utilise the man power to do so. You wouldn’t believe but rich are those who are setting up their own businesses around the world, they are hiring skilled peoples, paying them the salaries and much more. Let us not make this discussion any harder.

Yes throughout the history there had been some ups and downs. But it’s mostly win win situation. Those who understood the assignment of business they fired it up and went up in the economic point of view and those who did not well they are just crying.

I think it’s all about what is our perspective when looking at money, how we earn, what we do, how much efforts we take for the same.
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July 05, 2023, 02:39:52 PM
 #26

You thought that bitcoin would achieve equality between classes or make everyone happy, so I am afraid that you will be shocked when you know that bitcoin will not do that. The world has rich, poor and middle classes, NO MATTER how much you try to separate these classes, there will be a difference in them, but the poor class must get the basics of life that enable them to live in dignity.

The greater the differences between these High, low, middle classes and the absence of middle class, the greater the sense of inequality, the emergence of chaos and the need for political and military changes, and perhaps wars began like how War II started. Therefore, the virtuous city is that which has a rich and educated middle class, a poor class that possesses the basics of life, and a rich class that is not separated from reality.

Money reform is not a solution to these problems, but it is an entry point to the solution.


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July 05, 2023, 05:07:44 PM
 #27

Bitcoin gives more financial freedom than fiat currencies and/or storing money in banks. But Bitcoin can't solve the power dynamics issues, can't solve poverty. After all, those who are already rich have the best opportunities to invest in Bitcoin (because they can afford it) and crypto businesses. Yes, some people have their lives changed dramatically by Bitcoin, but that just adds a new small class of people who are rich because of Bitcoin, rather than removes poverty or even reduces it significantly. I think the biggest step toward 'fixing the world' is a big value shift that we haven't quite reached yet. But I do believe in humanity and that we can arrive to the idea that people should not be obliged to work to have their basic needs satisfied anywhere in the world.

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July 05, 2023, 05:18:05 PM
 #28

Fix money - you will fix the world! Many years ago, I might have agreed with this statement, but now I think that this system has crossed all boundaries a long time ago, and repairs are impossible. It's too hollow, leaking from all sides...

If we wish to "fix the world" we need major changes. I guess that crypto can be the right tool, but again, it's just the tool in people's hands. Will it be used in the right way, will it bring transparency and better distribution of wealth we will see I guess.

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July 05, 2023, 05:41:10 PM
 #29

The Rich/Government has used money as a tool to oppress the poor in a way that they practically use it to control everything in the world with the help of financial institutions.

The high class as they are called has maintained dominance in everything, not to be bitcoin biased or cynical, but in this case, I see Bitcoin as the alternative to this controversy and if we want to eliminate the power that is intoxicating us, then we must advocate for alternative means, Bitcoin as a currency without any central control will handle this menace in a manner that everybody will have power, control and self custody of their bitcoin, the market forces will now depend on more individual investments in it and group or institutional adoption, just imagine making Bitcoin handy and accessible to the populace.

I think the world will be a better place without notice or segregation between the rich and the poor if Bitcoin is embraced fully since Bitcoin is not a currency of a particular country everyone has the equal right and power to either store it or use it.

There was a day I was having a session with my little nephew and they said something that drag my brain, they were like what if the government abolish the fiat system and start with another system of exchange even if they don't adopt Bitcoin and was just having different series of imaginations and thinking through my heads because seems like the world is going to collapse when that kind of thing should happen, the world has dipped its system into fiat system as if there will be no alternative in the future.

The hands we all possess are not equal, it wasn't today this started, inequality has been there right before Christ BC when different modes of payment have been in existence, and as long as this is the kind of evolutionary trend that still continues, inequality will always be there, even in Bitcoin, not everyone that owns a full Bitcoin, I don't even have a full BTC my self.  Grin

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July 05, 2023, 05:53:31 PM
 #30

I think the world will be a better place without notice or segregation between the rich and the poor if Bitcoin is embraced fully since Bitcoin is not a currency of a particular country everyone has the equal right and power to either store it or use it.

Even though the price of bitcoin dropped to the point where every one can afford it do you think everyone will be willing to own bitcoin? the fact is that the word segregation between the rich and the poor was invested by politicians who see the masses as the poor and themselves as the rich and god to the poor so even though bitcoin is embraced by the whole world which I think won't be possible their will still be long distance between the rich and the poor because they will always want to stay ahead of the purchase and they will achieve that with the money they stole in their respective offices.

I think bitcoin can only help in adding more development to the economy of any country that has fully accepted it's usage for payment of goods and services and also help in creating more job opportunities for the citizens of the country but it won't automatically close the gap between the poor and the rich and it won't make the poor to be rich overnight because it is not a money doubling scheme regardless of its value.

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July 05, 2023, 06:28:37 PM
 #31

I can say that you have a point, I am also poor but there are also rich people who help the country through good deeds such as charities and foundation organizations owned by rich people. I can't blame you because I have also experienced what you say about exaggerating wealth and power.

As for being equal, you say that if bitcoin is used by the majority, there is a possibility but there is a partner who can lose or win. And It is still controlled by rich people, then there are countries that have not yet fully accepted its use. But it's really better for me that bitcoin is just an alternative to real money.

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July 05, 2023, 06:37:48 PM
 #32

To fix the world, fixing money is also important but their are other factors also exist which will fix the world once they get good intention. Such as the knowledge of avoiding discrimination of poor and rich, among your children so that once they become poor or rich they will respect each other.

Good morality of a person also plays an important role if we want to fix the world. But according to our discussion about money being used to fix the world i can say, yes it could change the world for good.

For example i have seen many people mostly poor or middle class families to make a better living out of BTC. Which means it has opened many ways for everyone to make their dreams come true by earning through BTC like spot Trading or by holding it.

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July 05, 2023, 06:40:47 PM
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 #33

The Rich/Government has used money as a tool to oppress the poor in a way that they practically use it to control everything in the world with the help of financial institutions.

The high class as they are called has maintained dominance in everything, not to be bitcoin biased or cynical, but in this case, I see Bitcoin as the alternative to this controversy and if we want to eliminate the power that is intoxicating us, then we must advocate for alternative means, Bitcoin as a currency without any central control will handle this menace in a manner that everybody will have power, control and self custody of their bitcoin, the market forces will now depend on more individual investments in it and group or institutional adoption, just imagine making Bitcoin handy and accessible to the populace.

I think the world will be a better place without notice or segregation between the rich and the poor if Bitcoin is embraced fully since Bitcoin is not a currency of a particular country everyone has the equal right and power to either store it or use it.

There was a day I was having a session with my little nephew and they said something that drag my brain, they were like what if the government abolish the fiat system and start with another system of exchange even if they don't adopt Bitcoin and was just having different series of imaginations and thinking through my heads because seems like the world is going to collapse when that kind of thing should happen, the world has dipped its system into fiat system as if there will be no alternative in the future.
The truth is that the monetary system of the government can't change, it will always be the same which is a centralised system of money. The government can't abolish the fiat system because it is something they benefit from to enrich themselves,  I know this won't be possible and creating a new system of money that is decentralised can't take place because they get access to money that they can steal. I think the fiat system will last for a longtime.
Quote

The hands we all possess are not equal, it wasn't today this started, inequality has been there right before Christ BC when different modes of payment have been in existence, and as long as this is the kind of evolutionary trend that still continues, inequality will always be there, even in Bitcoin, not everyone that owns a full Bitcoin, I don't even have a full BTC my self.  Grin
Whether Bitcoin or not it won't stop the oppression from the Rich to the poor, Bitcoin will only help the poor   from the government for the poor to have control over their money and will  give the poor opportunity that can be of good benefit to their financial life.  The problem or challenge is not from the rich but from the government.

R


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July 05, 2023, 06:52:50 PM
 #34

This means nothing because the differences will always be there. Whether you choose to accept bitcoin as universal language of monetary funds or trade its gonna be same all the time. It’s simple math, there will be always upper class because they would be holding lot of assets, businesses, government positions, powers to control trade market and what not. They will always posses more bitcoins for example as compared to the common person like me. There is only one thing here to note, you either learn to use others OR get used to being used by others. I am talking about owners VS corporate worker lives here. I think this statement will make you think why there are such differences and why they can’t go out just because you chose Bitcoin over fiat.
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July 05, 2023, 07:03:52 PM
 #35

World control is not just about money.
Even though there is some truth in what you say, when it comes back to the context of rich and poor, it is actually necessary, everyone cannot be rich and everyone cannot be poor.
It's like an inseparable chain where if there is rich then there must be poor because we cannot define us as rich if there is no comparison.
Talking to bitcoin needs to be remembered that this is also only one of the options for investing and trying to get profits, not that this is the only person to get rich so that in this case everyone has their own way. Those of us who are in bitcoin will definitely choose bitcoin as a means to benefit ourselves but we also cannot compare ourselves with others because everyone has their own strategy and it could be that other people also think we are wrong because they have their own perspective.

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July 05, 2023, 07:10:42 PM
 #36

I think the world will be a better place without notice or segregation between the rich and the poor if Bitcoin is embraced fully since Bitcoin is not a currency of a particular country everyone has the equal right and power to either store it or use it.
But this is not going to happen, we've seen countries banning bitcoin and disliking it. From our perspective, there's nothing wrong in adopting bitcoin wholly. While for those countries, they're seeing something bad on it so they wouldn't touch it and won't allow its people to get involved on it. With that, they can't be sure if how many of their people owns bitcoin secretly. This is not about dividing the rich and the poor but, this is all about embracing a new technology and monetary system that's no longer requiring the intervention of a government entity.
  that is actually the advamtage of btc market, it is for people from all walks of life and of course, borderless. but there will always be rich and poor people, that's how our social status is going to be. but in this market, everyone is welcome. 
That's the world that we're living in, there will always be the rich and the poor and this is the system that we'll have to live with forever unless there's a new system where the riches of these people will be shared upon to everybody. And good thing that there's a likely of it and that's through Bitcoin. You're right that this is for everybody, whether you're poor, you're rich, you're average, this is for all and it doesn't have any requirement on who's eligible to own it. As long as you're able to buy and hold it, that's it.

actually much better than forex market imo. you need certain amount to join in the forex market, whereas, there's no min or max you can hold when it comes to crypto
Well, in most exchanges, there's a certain minimum amount how much a user can start trading to buy it.

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July 05, 2023, 07:16:24 PM
 #37

World control is not just about money.
Even though there is some truth in what you say, when it comes back to the context of rich and poor, it is actually necessary, everyone cannot be rich and everyone cannot be poor.
It's like an inseparable chain where if there is rich then there must be poor because we cannot define us as rich if there is no comparison.
Talking to bitcoin needs to be remembered that this is also only one of the options for investing and trying to get profits, not that this is the only person to get rich so that in this case everyone has their own way. Those of us who are in bitcoin will definitely choose bitcoin as a means to benefit ourselves but we also cannot compare ourselves with others because everyone has their own strategy and it could be that other people also think we are wrong because they have their own perspective.


in some aspects, OP's idea of fixing the world has a point. but on Earth, it's the rich guy's world. whoever has more BTC will rule and will still oppress the young countries. once one country is dependent on the rich, you can expect the poor country will get sanctions.

money had been fixed many times in the past and we always return to Gold and silver backing the real currency but after hundreds of years pass, we'll be back again to one empire losing its grip passing the torch to another.









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July 05, 2023, 07:29:35 PM
 #38

World control is not just about money.
Even though there is some truth in what you say, when it comes back to the context of rich and poor, it is actually necessary, everyone cannot be rich and everyone cannot be poor.
It's like an inseparable chain where if there is rich then there must be poor because we cannot define us as rich if there is no comparison.
Talking to bitcoin needs to be remembered that this is also only one of the options for investing and trying to get profits, not that this is the only person to get rich so that in this case everyone has their own way. Those of us who are in bitcoin will definitely choose bitcoin as a means to benefit ourselves but we also cannot compare ourselves with others because everyone has their own strategy and it could be that other people also think we are wrong because they have their own perspective.


Money is only one of the factors that provide power. You also need a certain influence in society and a certain position. Money doesn't always matter - do you need money in the wilderness? No. Survival skills are needed there. So it all depends on the specific conditions - there is nothing that provides absolute power.
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July 05, 2023, 07:30:58 PM
 #39


I think the world will be a better place without notice or segregation between the rich and the poor

The world would be a better place if everyone had knowledge about him/herself.
No one using guesses, or interpretations of speeches and people's opinions.

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July 05, 2023, 07:42:45 PM
 #40

Until recently, the prevailing belief was that the world was ruled by powerful powers using the power of violence that they monopolized.  Those forces are religious institutions and politicians.  But this belief has changed since the end of World War II after the geopolitics circumstances let us be surprised that it is governed by the power of the dollar and we understand that influence is made by the financial system, not by the power of soldiers.  This concept developed with the emergence of Bitcoin, which can be said to be the first real competitor to the power of money in the concept that we are used to.
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