adiksau0414
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July 14, 2023, 03:23:35 PM |
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We can't reny the fact that there are these social segregation between poor and rich. This is the balance we need in our economy. If we all are in equal status, how will the manpower will operate? No one will work physically, if i have money i will just use it to business or investment.
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khiholangkang
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July 14, 2023, 03:44:48 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.
How can we equate the rich and the poor? Simply by looking at their account balances, they are already different, and it is quite natural for most people to show more respect towards the wealthy. Someone who possesses a substantial amount of Bitcoin is considered rich, whereas someone with only a small amount of Bitcoin is considered poor. (This context applies when Bitcoin is the sole measure of wealth). I agree more with the notion of character education for each individual, so that the wealthy can be wiser in considering the feelings of the less fortunate. And the less fortunate should also be self-aware and show respect towards others. When the sense of arrogance within each human being has vanished, there would be no need to fix the money to fix the world. Yes, that's absolutely true, sir, even with bitcoin, you cannot get rid of the terms rich and poor, because these two things are facts that cannot be separated in assessing a person's financial situation, for example in cases other than bitcoin, when a group considers a tree to be a medium of exchange to exchange goods for other goods, then a person who has many trees is called rich and certainly respected. so does bitcoin as you said. But maybe it means that if it is replaced with bitcoin then people will not see their wealth because of anonymity, but still that is impossible if bitcoin is made the only currency, and again human nature always wants to be seen, of course he shows from what he uses indicates how many bitcoins in his wallet. What needs to be paid attention to is moral education, how to behave and how to properly respect other people, if it is applied I think it might give a stigma about people who have a lot of money always oppress those who don't have money to disappear.
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mvdheuvel1983
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July 14, 2023, 04:14:10 PM |
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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.
Your argument here is not entirely correct. I believe that Bitcoin is what the world needs to break free from oppression and gain freedom but I also believe that it is not 100 % possible. The government of world knows that not lose their power over the people they have to control the money. And since they are aware that people are increasingly investing in Bitcoin it implies that they are slowly losing their control on the people. Believe it or not, the government have already started buying Bitcoins and they are busy so much of it so that they can control the supply. And once they are successful in their plans and schemes, we would be back to square one.
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xSkylarx
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July 14, 2023, 04:15:40 PM |
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We can't reny the fact that there are these social segregation between poor and rich. This is the balance we need in our economy. If we all are in equal status, how will the manpower will operate? No one will work physically, if i have money i will just use it to business or investment.
That is really the problem: if all are equal, who will be your employee in your business? Are the owners now going to maintain it? How about the demand of the customers, which you can't cater to all? There are really purposes, but what I don't want is that poor people are getting poorer, and mostly we are paid less even when we do the job well. Like the minimum wage, there is almost no increase in it, and the prices go up, which makes it more difficult to live. That kind of indifference would need to be fixed, and rich people should pay more taxes.
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Oluwa-btc
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July 14, 2023, 04:51:37 PM |
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Bitcoin being the only currency in the world doesn't change this. It doesn't eliminate class. If what you're suggesting does happen and Bitcoin successfully becomes the only currency in the world, that is all it would be, a currency. The rich will still have more of it and the poor will work for it. It would be just as it is today, everybody will still work to make money, and nothing changes. The significant change will be the fact that you have control of your money and not the government and third-party companies, and you can send money to any country of your choice without any hiccups.
It'll be difficult for Bitcoin to be the number one currency in the world, The government and banks assigning so much value to the fiat wouldn't want folks to break off the illusion of the fiat currency. Yeah, correctly said. The current Bitcoin price can only be bought by the rich and not even half of it can be gotten by the poor. Wanting to fix the money so everyone can have self control and custody over their finance is wonderful. The usage of Bitcoin because it's borderless makes it so much unique. I love the picture the original poster is trying to create, even if it'll take the masses time to get to the full adoption of Bitcoin, it's best for the general public to know how the government use, controls, and steals from them with the utilization of the fiat currency and fiat standards.
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CageMabok
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July 14, 2023, 05:08:25 PM |
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We can't reny the fact that there are these social segregation between poor and rich. This is the balance we need in our economy. If we all are in equal status, how will the manpower will operate? No one will work physically, if i have money i will just use it to business or investment.
What you say is not wrong, because if everyone is in the same level of caste in life, then bosses and big business people will always find it difficult to find workers who really have to rely on the physical in order to be able to operate machines along with the existing devices within the company or factory. So the balance of life with the rich and the poor is a pretty good thing because both of them can be helped in terms of work, although over time new workers will continue to be born with a number of companies that will also continue to exist at any time.
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lalabotax
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July 14, 2023, 09:51:46 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.
Maybe this is true, but in fact it is difficult to apply. Even though it may be possible in certain areas, in general there will still be differences between the rich and the poor. Even in terms of language, there are lower, middle and upper economic classes. This indicates that there are levels of economic strata which of course have various impacts in real life. One of them is related to what can be done. Many people say, the more money you have, the more powerful you can be. Money isn't everything, but with money, you can sometimes buy power. Sometimes justice is not for the right, but for those who have more money and power. This is cruel and it shouldn't be like this. but this is what usually happens here, maybe not everywhere, but there are many incidents like this. And it is very difficult to change this mindset.
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Halime Anatolia
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July 15, 2023, 02:35:41 AM |
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We can't reny the fact that there are these social segregation between poor and rich. This is the balance we need in our economy. If we all are in equal status, how will the manpower will operate? No one will work physically, if i have money i will just use it to business or investment.
That is really the problem: if all are equal, who will be your employee in your business? Are the owners now going to maintain it? How about the demand of the customers, which you can't cater to all? There are really purposes, but what I don't want is that poor people are getting poorer, and mostly we are paid less even when we do the job well. Like the minimum wage, there is almost no increase in it, and the prices go up, which makes it more difficult to live. That kind of indifference would need to be fixed, and rich people should pay more taxes. I see, your emphasis is more on the financial condition of a person from poor to not getting poorer and this is very wise. You are right, an entrepreneur needs an employee to run his business and pay him the minimum wage according to the UMR standard (Minimum Work Wage) and if that is done it will be very helpful, especially since the employer provides additional rewards on big celebration days and work bonuses at the end of the year for his employees.
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retreat
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July 15, 2023, 03:26:46 AM |
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-snip-
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 it's not as easy as it seems, because governments have the ability to regulate legal tender for use in their countries and only a few countries in the world allow direct adoption of Bitcoin for various needs. What's more, what you say will only be real if Bitcoin is adopted en masse by people who are fed up with the current financial system, but what if investment and financial institutions like BlackRock and JP Morgan enter the Bitcoin market and try to disrupt the economy there? can you still be sure that Bitcoin can provide equality to its users? maybe it will be profitable for some people, but what about others? they could suffer a loss. That's why using Bitcoin as a means of payment is not yet a solution to be able to provide financial equality to people, but maybe it will be able to change the lives of some people globally.
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EarnOnVictor
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July 15, 2023, 03:45:50 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.
Permit me to repeat what I do say on the forum, but in a twisted way. Bitcoin will not fix the world, it can't even cause the evenness you desire between the rich and the poor, or do those who hold the coin have the same amount/value in their possession? The world is what it is and no government is oppressing anyone, neither would government pray that anyone in their country should be poor. Only nature, circumstances and environments force it on people, we should leave it that way and strive to be rich. Also, have you seen perfection anywhere? You can see it neither with health, stature, beauty, riches, emotion, brilliance, opportunities, or in anything. This is also why there will always be a line between the poor and the rich. Even if everyone is rich, who will answer to the other to do some jobs? The world can't be balanced, not even Bitcoin can make that happen.
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Abiky
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July 16, 2023, 05:00:32 PM |
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Bitcoin isn’t going to close the bracket between the rich and the poor. Today bitcoin is $23,000, it’s not exactly affordable for the poor to buy at this time, only those who were smart enough to seize the opportunity to buy bitcoin in the early days are the lucky ones. Read the bitcoin whitepaper, Bitcoin doesn’t solve the poverty problem, it provides a safe haven from censorship and government control, unfortunately people are more concerned with making profits than using bitcoin as a currency.
People don't need to buy a whole BTC to get into the revolution. They can simply buy fractions of a Bitcoin for complete peace of mind. It doesn't matter how much BTC is worth in Fiat terms, as long as it's used as a currency. Unfortunately, most people are focused on the profits like you've said. Whales and rich people are the ones who hold the most BTC, while the rest is left behind in the dust. I really don't see BTC fixing the world, other than removing banks, governments, and other middlemen from the system. It removes trust, but it doesn't solve equality issues. At least, BTC is off to a good start. If it keeps progressing, it might make the whole world decentralized. You can see how some countries are gradually accepting BTC as legal tender. Who knows if someday people lose trust in Fiat currencies backed by corrupt banks and governments? Just my thoughts ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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ringgo96
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July 16, 2023, 06:17:28 PM |
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Nowadays money can manage everything including things that are difficult to fulfill by certain people but with money we can do it, as happened in certain countries that set up a company that is indeed very disruptive to people's lives but the community has no power to stop the project because they have paid to people who already have power, As you said, maybe Bitcoin can solve the problem because the government cannot fully regulate the spread of Bitcoin, so those of us who are still poor can take the opportunity.
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Framelover
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July 17, 2023, 04:06:41 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.
It's been established that money has long been used as a tool of oppression but it's also important to consider the feasibility of the transformation which you think bitcoin can make. Yes, bitcoin offers decentralization and individual control, but achieving full adoption and eliminating the existing power dynamics may not be practical. The influence of the rich and governments is deeply entrenched, extending beyond the realm of traditional finance. As bitcoin's decentralized nature has advantages, its widespread adoption and accessibility to the entire populace face significant challenges. Additionally, the complexities of socioeconomic disparities cannot be solely addressed by a single currency.
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Qiubell5
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July 18, 2023, 03:08:39 AM |
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In my opinion, in this case, of course, we shouldn't have too bad suspicions about the government and others, because what I know is that the government does something for a reason and of course it is to build the people's economy so that more advanced.
In my opinion, bitcoin and fiat currency must of course still exist because both are very much needed and of course money has advantages and disadvantages, as well as bitcoin, of course it has advantages and disadvantages.
Yes, I agree. As you said, both are required. Everything has advantages and disadvantages.
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xSkylarx
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July 18, 2023, 04:28:05 AM |
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Nowadays money can manage everything including things that are difficult to fulfill by certain people but with money we can do it, as happened in certain countries that set up a company that is indeed very disruptive to people's lives but the community has no power to stop the project because they have paid to people who already have power, As you said, maybe Bitcoin can solve the problem because the government cannot fully regulate the spread of Bitcoin, so those of us who are still poor can take the opportunity.
This is like deforestation in that those who live in a community that will be affected by those forests getting cut down can't stop it because they don't have powers. Even in our legal systems right now, some can acquit someone if they have money to pay and are not guilty. Money is really power, and if you don't have it, then for sure you won't be treated fairly. I'm not really sure if Bitcoin can do this, as the government is trying to suppress this for sure, as they don't want things that they can't control.
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Uruhara
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July 18, 2023, 04:37:18 AM |
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We can't reny the fact that there are these social segregation between poor and rich. This is the balance we need in our economy. If we all are in equal status, how will the manpower will operate? No one will work physically, if i have money i will just use it to business or investment.
Differences in social strata will always exist in life. But the problem is when the strata above try to oppress the strata below. be it with money or with anything else. But it will still be a good thing if the upper and lower strata help each other in their respective roles in the economy. for example rich people build companies and open job vacancies for the lower class. and the upper class also provides a decent salary with the work done by the lower class. and the lower classes will certainly also be helped and feel happy to have been employed by a big company. Now the problem is that in several developing countries there are many companies that provide salaries below the minimum wage. which makes it even more difficult for workers economically. plus inflation. then of course the situation of the lower classes would only get worse. usually companies that do not pay salaries according to minimum standards. are companies that have not been officially registered with the government. and in fact there are still many companies like that.
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Woodie
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July 18, 2023, 04:46:19 AM Merited by fillippone (1) |
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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. This sounds unfair on the government and the so called Rich citizens!! Think about it, when it comes to paying tax the poor and rich all pay taxes to allow the government provide basic needs such as good health care, education, subsiding other products and services etc. And believe it or not the Rich too are complaining of being over taxed because they have several businesses to run which are tax paying and in all fairness let's not break a system that's working for all. 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 I know how much we love our financial freedom but have you thought about it what would happen if people stopped paying their taxes if the the alternativeeconomy of crypto was wholey supported? It will cripple the system and our countries will nolonger have the capacity to build new infrastructure, sponsor its citizens into better schools/universities and all basic needs will nolonger be easily available as resources won't be readily available. 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.
We handling this matter with kids gloves, if we can complain about the small taxes we contributing today, imagine what would happen if taxes are now optional with the freedom to come...it means it's likely to be a case of no one making contributions as everyone will feel able to afford private Healthcare which is very expensive btw. To be honest, let's allow these two systems to coexist to avoid any confusion!!
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CryptoBuds
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HODL
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July 18, 2023, 10:42:09 AM |
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We can't reny the fact that there are these social segregation between poor and rich. This is the balance we need in our economy. If we all are in equal status, how will the manpower will operate? No one will work physically, if i have money i will just use it to business or investment.
Differences in social strata will always exist in life. But the problem is when the strata above try to oppress the strata below. be it with money or with anything else. But it will still be a good thing if the upper and lower strata help each other in their respective roles in the economy. for example rich people build companies and open job vacancies for the lower class. and the upper class also provides a decent salary with the work done by the lower class. and the lower classes will certainly also be helped and feel happy to have been employed by a big company. Now the problem is that in several developing countries there are many companies that provide salaries below the minimum wage. which makes it even more difficult for workers economically. plus inflation. then of course the situation of the lower classes would only get worse. usually companies that do not pay salaries according to minimum standards. are companies that have not been officially registered with the government. and in fact there are still many companies like that. But there are also many strata below that have bad thoughts and habits. I've seen workers refuse to work hard and instead assume they don't have to do much because wages are so low. But if we pay them a better salary, do you think they will work harder or will demand more? The rich are greedy but the poor are no different. If you have a low salary, why don't you try to work, try to improve your knowledge to get a better salary, instead of just asking without any effort? We should not blame the business when we have a low salary, you first need to review your qualifications as well as what you have contributed.
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RockBell
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July 18, 2023, 01:46:46 PM Merited by fillippone (1) |
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We can't reny the fact that there are these social segregation between poor and rich. This is the balance we need in our economy. If we all are in equal status, how will the manpower will operate? No one will work physically, if i have money i will just use it to business or investment.
I don't believe there is anything that can be done to stop social segregation it is real and it won't go away. the status will always be there between the rich and the poor, and the rich and the government has made living difficult for the poor the economy is just fucked up, recession hitting everywhere and life has become difficult, and the issue of manpower the rich will always want to be recognized, the clear truth bro is that everybody can not be rich, make sure the investment you want to do consider the risk and also the demand, before establishing, doing business is not just easy as well in this economy.
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dothebeats
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July 19, 2023, 03:21:25 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. I agree. In this case, it's more on accepting a new system that has gathered a few negative take from those outside of the community that already knows the ins and outs of the bitcoin system. Afterall, we are talking about money, quite literally one (if not the most) important aspect of an individual's life, you can't expect people to just dive in and trust a new and foreign system for their money. So yes, it's not about the division of rich and poor but more on the comfortability and trust of the target users.
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