Accardo
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July 05, 2023, 07:59:04 PM |
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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.
The rich oppress the poor, that's not new, the world is filled with oppressors. Government and citizens, men and women, Father and Child etc nobody that doesn't feel like they're oppressed especially when love is nowhere to be found. I've gone through some of the history behind the oppressed and realized that nothing solves the problem other than love; the oppressed showing love to the oppressor. As for bitcoin, it's money and can be purchased with fiat so, Op's idea is not solid since the rich can always purchase as many bitcoin as they could, if the world finance moves towards bitcoin. The rich work so hard to keep up their businesses and they use employees to execute menial jobs and take the credit when the job is completed or accomplished. Things only gets better if everyone focus and work towards their dreams instead of thinking of the stress they're subjected to by their master or boss whatsoever.
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Iadegbola34
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July 05, 2023, 08:16:09 PM |
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It's frustrating how money has been used by the rich and powerful to control everything. Bitcoin does offer an alternative with its decentralized nature. It puts the power back in the hands of individuals, giving everyone control over their own money. Imagine a world where there's no divide between the rich and the poor, and everyone has equal access to Bitcoin. It could definitely make things better.
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Onyeeze
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July 05, 2023, 08:39:21 PM |
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Government has being against bitcoin and government is were corruption started what is happening today in government is not a new thing we know that bitcoin is recent technology that is fighting means to be legal tender but government is suppressing the awareness and value by banning bitcoin across some states, the poor has being reliefs with the existence of bitcoin on like before so if government should embrace bitcoin generally that means many people will be like them and that's why they are trying to abolish bitcoin technology not to exist
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palle11
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July 05, 2023, 09:24:10 PM |
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Contrary to what some people think there will always be a divide between rich people and poor people, Bitcoin wont solve this but it can offer everyone an opportunity to store and transfer whatever wealth they have without permission from a third party.
I agree to this and I agree more that bitcoin can offer even the poor the opportunity to be able to hodl bitcoin in expectation of an increase in what they have invested in the future. Although the quantity of investment by the rich and poor varies because the poor can only afford to invest in smaller quantities but at least it has an investment power that will become worthy of value in the long run. Even where bitcoin can't solve the gap between the poor and the rich but it reduces it quite significantly. Like we see many traders and hodlers of bitcoin unlike when it was newly created, this shows more people are getting into the circle of bitcoin.
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o48o
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July 05, 2023, 09:41:34 PM |
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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.
Why would bitcoin change the rich and poor balance? That doesn't make any sense. If you are saying that all the hodlers will be rich, how many ex poor people is that from the population? How is that money moving from hodlers to poor again? Bitcoin doesn't just keep rising infinitely so that eventually everyone is rich. That's not how anything works. It's a whole different argument what permissionless transactions do to countries if they are fully adopted by everyone, but that doesn't have anything to do with people being poor and rich. That could only be fixed by radical politics.
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Texac
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July 05, 2023, 10:00:02 PM |
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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 just money and if we want to get out of poverty, if we want to have money then we need to work hard. i really don't find bitcoin useful in balancing the rich-poor balance, even if it is used globally and as a replacement for fiat. If you are a poor person because you are lazy and don't work hard, you just expect to hold bitcoin to get rich, then you don't deserve to be rich. honestly, if you are not rich, you should find a way to be rich instead of just blaming everything around you.
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panganib999
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July 05, 2023, 10:45:33 PM |
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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.
You're pretty optimistic, that's a good thing. But the thing is, the whole system is feeding off of this disparity and that fact alone is the reason why things wouldn't change even if bitcoin became the second coming of Jesus Christ. The system is just rigged from the beginning that everyone in it including us. To "fix the money" as you try to put it, would basically mean that you would need to topple the current status quo in favor of a future that we're not even sure is possible. Besides anarchic moves such as disrupting the system of currency in the world there are other better ways to incite change in the world. Mere boycott of products that actively participate in damaging the environment is more than enough to incite change.
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loopes
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July 05, 2023, 11:36:48 PM |
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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. it is very hard to make bitcoin fully adopted in the whole world with any countries who ban it because we can not force all countries accept bitcoin since they have their own right to manage their own governance. some governments of countries prohibit to use bitcoin because they feel that bitcoin has many risks for their citizens and their on going national economy.
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Smartvirus
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July 05, 2023, 11:52:15 PM |
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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.
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.
We live in an imperfect world and a perfect society is something that we can never have. That’s practically impossible and we might as well live it be and get yo accept reality as it really is. We leave in a nation were there are boundaries and as such, there would always be means to some control and fiat currency is a much better tool to archiving this. Pumping it in or vice versa could create desirable effects for the government and they know that. How then do you expect them not to use it. In order for bitcoin to be handy as you hope or wish for it to be, it’s got yo peak first, following the highly scared nature of the currency and with that, the least Sat has got to have some real value for exchange for it to go round the many devices we’ve got surfing the web for the multitude that buys the idea.
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noorman0
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July 06, 2023, 12:26:13 AM |
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It's frustrating how money has been used by the rich and powerful to control everything. Bitcoin does offer an alternative with its decentralized nature. It puts the power back in the hands of individuals, giving everyone control over their own money. Imagine a world where there's no divide between the rich and the poor, and everyone has equal access to Bitcoin. It could definitely make things better.
I think poor people have had gold as an alternative to freedom since ancient times, it was accepted around the world to this day. But because the level of knowledge is low, making the ruler's doctrine about the importance of the financial system still leads the poor to the path of oppression. I don't agree that fixing the money fixes the world. I agree more if increase knowledge, fix the world. Bitcoin is only a modern representation of money of freedom, but its existence will not change the status of the poor.
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lunnatic
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July 06, 2023, 02:28:00 AM |
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It's frustrating how money has been used by the rich and powerful to control everything. Bitcoin does offer an alternative with its decentralized nature. It puts the power back in the hands of individuals, giving everyone control over their own money. Imagine a world where there's no divide between the rich and the poor, and everyone has equal access to Bitcoin. It could definitely make things better.
I think poor people have had gold as an alternative to freedom since ancient times, it was accepted around the world to this day. But because the level of knowledge is low, making the ruler's doctrine about the importance of the financial system still leads the poor to the path of oppression. I don't agree that fixing the money fixes the world. I agree more if increase knowledge, fix the world. Bitcoin is only a modern representation of money of freedom, but its existence will not change the status of the poor. That obviously doesn't mean that when you have money you have everything, compete in knowledge because that is what can fix the world, However, there will always be poor people.
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nur rochid
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July 06, 2023, 02:35:21 AM |
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what I imagine is that if bitcoin is a single currency, bitcoin is not owned as a currency in a country, but a country that owns most of the bitcoins, then they can control the price. therefore we must be able to keep up with the times and must be able to use it more effectively. this will be very useful if we have international business, of course with bitcoin it will expedite our efforts in matters of payment
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YUriy1991
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July 06, 2023, 05:25:37 AM |
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The statement "Fix the money, fix the world" If I mean it. it does not guarantee to be the sole determinant of social welfare. I think that addressing wealth inequalities and systemic problems requires a comprehensive and multifaceted approach to addressing social inequalities and one option is as OP said above Bitcoin as an alternative where the use of BTC as an alternative currency that gives individuals power, control and self-custody. widely and as a solution to the financial gap has not been fully adopted by the public.
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Minor Miner
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July 06, 2023, 05:40:34 AM |
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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.
The rich oppress the poor, that's not new, the world is filled with oppressors. Government and citizens, men and women, Father and Child etc nobody that doesn't feel like they're oppressed especially when love is nowhere to be found. I've gone through some of the history behind the oppressed and realized that nothing solves the problem other than love; the oppressed showing love to the oppressor. As for bitcoin, it's money and can be purchased with fiat so, Op's idea is not solid since the rich can always purchase as many bitcoin as they could, if the world finance moves towards bitcoin. The rich work so hard to keep up their businesses and they use employees to execute menial jobs and take the credit when the job is completed or accomplished. Things only gets better if everyone focus and work towards their dreams instead of thinking of the stress they're subjected to by their master or boss whatsoever. The world has never been fair and not entirely equal, and undeniably the rich always oppress the poor in every way. But don't blame them because if you don't want to be oppressed by others, get rich, and find a way to get rich, you will never be oppressed again. For me whining and criticizing others will not solve the problem, instead find a way to fix it and get over it. Regarding the OP's idea, I think the OP seems to be being too delusional about bitcoin and treating it as a god rather than a currency. Bitcoin can reduce poverty, reduce unemployment, and now the idea of bitcoin can balance rich and poor, I really don't know if anyone has any other ideas about bitcoin, ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) .
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tabas
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July 06, 2023, 09:53:20 AM |
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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. it is very hard to make bitcoin fully adopted in the whole world with any countries who ban it because we can not force all countries accept bitcoin since they have their own right to manage their own governance. some governments of countries prohibit to use bitcoin because they feel that bitcoin has many risks for their citizens and their on going national economy. Hard yes but it's even harder before when the whole world don't have any optimism with Bitcoin. Right now, we're getting close or we're at least there where the world is trusting Bitcoin not just individuals that have been here but also financial institutions as big as BlackRock and other companies that has the same trust as them. We can't do anything with those countries that have already imposed a ban on Bitcoin, maybe sometime in the future that they'll alter that belief and will also join the bandwagon for accepting and allowing Bitcoin on their areas. But today, there's so much better things happening on it that we'd never expect to happen if you've been here for a long time already.
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Ucy
Sr. Member
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Bisq is a Bitcoin Fiat Dex. Use responsibly
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July 06, 2023, 10:25:08 AM |
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Fiat currency is part of a System of slavery that oppresses the enslaved ... It is a system of control by an evil slave master who rules over billions of people. The rich, who are equally enslaved, are at top of the system, often used by the slave master against the poor in a manner that is more parasitic than mutual.
Fixing fiat currency alone won't solve the issue as long as people remain under the power of the slave master. The solution is to have a right alternative which should be decentralized for obvious reasons, then get the enslaved to abandon the centralized system and join the alternative. But you'll need to convince the slaves first why they need to flee the slave master and join a decentralized alternative system like Bitcoin. Most of the slaves will not understand and could be used to fight those who try to free them, to protect the evil system they are used to. Even when they decide to use Bitcoin, it would be for the wrong reasons rather than taking advantage of its decentralized features to become free from the slave master's financial control.
There will be few people out of the billions who will choose Bitcoin for the right reasons and use it the way it should be used. There will few who will choose the right path. The rest will take the wrong path of centralized financial control, whether through fiat or cryptocurrency. Adopting crypto without using it properly or in decentralized manner is a bad as using fiat digitally. This certainly will keep the slaves enslaved, powerless, abused or oppressed by those who control them.
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davis196
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July 06, 2023, 11:39:30 AM |
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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.
It's theoretically possible for the rich elite/governments to manipulate the Bitcoin price(by buying BTC, by spreading FUD or by directly banning BTC/crypto). What happens then? I've said this multiple times. Bitcoin is not some kind of magical solution for all problems. Bitcoin cannot end wealth inequality. Bitcoin cannot take away the power from the rich elite and give it to the masses. You are right about one thing. Money is a tool. But money is not the main source of the rich elite's economical and financial power. The rich elite owns various financial assets and production facilities. This is way more important than simply having money in the bank.
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killerfrost
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July 06, 2023, 11:46:08 AM |
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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.
I think it's unfair to only conclude like that when life is in balance with good people and bad people, rich people and poor people. Not only some parts want to control and manipulate things through matter, because we also have a lot of people who know how to use material things to help people. The high class as they are called has maintained dominance in everything, not to be bitcoin biased or cynical,...
I think about the problem that we live in this context about you are not in such a position and only see the problem negatively, and the solution from bitcoin or crypto can be stated but in reality we need a lot of time to get it. adapting to the general social context, like the popularization of the internet since its birth to the present, we can see everything happening quickly but it takes many problems like time. 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.
It's always good that we complicate things on our own, prejudices are caused by our self-regulation and bitcoin is not necessarily an easy solution, I see the problem of universalizing morality in life rather than talking about economic or technological issues to maintain the good.
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irhact
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July 06, 2023, 12:25:20 PM |
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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.
What you described is why the government won't allow Bitcoin to succeed, Bitcoin succeeding means the government and the rich won't have any control again and the government will be powerless when they don't have control over our money. Through controlling money is how the government ensure her citizens will be under their control and enslave them. Money can't be fixed as it's centralized and been controlled by the elites in our control. If we want to fix money then it has to shifted from centralized to decentralized as Bitcoin is which will make it difficult for the government to have control or regulate it. This looks very impossible to achieve so we can just say the world as we know it can never be fixed totally.
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hyudien
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July 06, 2023, 12:50:59 PM |
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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.
I know what you mean and want from a world financial point of view. But all of that is not enough because when we look back at the conditions in one country, the reality is that we are nobody, have nothing to control, and have no strong legal force. I think it is difficult to break the capitalist system with scripts and without full support. We are silenced because we have nothing but to survive for ourselves and our families. Talking about growth or economic power will be quite broad in nature. Bitcoin can't even do more than now because the government with 1000 ways of providing a centralized exchange and tightening KYC then making it easier for them to control anyone who has big finances in it can be seen clearly.
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