What happens when *WE* are the wealthy elite?

[Nicolas Dorier]

after we become wealthy elite

I will buy a Lamborghini and you buy a ferari...then we will spend lavishly thus stimulating the economy...then we shall invest the remaining into global problem solutions like alternate energy, cancer research etc.

Will work only if you buy it with BTC, or we'll get back to start

[Erdogan]

"The new elites" will not need to shed their humanity, respect for all beings, their non-violent attitude. This is among the advantages of the new economy we envision.

If being elite means someone which is different, with the special privilege to extract wealth from others using force: We are not going to be elites, the topic is wrong.

Being an idealist is good. If history is any guide, revolution doesn't happen without violent. And the new group of elite will not be any different than the current group of elite as time passes on.

Maybe, but change can happen without violence. In this case, violence is not guaranteed.

[CoinDiver]

"Those who make peaceful revolution impossible will make violent revolution inevitable."

(Should not be taken as an endorsement of the man.)

[Ron~Popeil]

If and when it happens I don't really intend to be engaged in the world. A beach house, a few friends, and a tropical drink will pretty much constitute my world.   

[Erdogan]

"Those who make peaceful revolution impossible will make violent revolution inevitable."

(Should not be taken as an endorsement of the man.)

... he said, thinking that enclosing his words with braces give them more weight.

[kerafym]

"Those who make peaceful revolution impossible will make violent revolution inevitable."

(Should not be taken as an endorsement of the man.)

This only happen in certain culture.

Some cultures have been suppress for so long that revolution is no longer a possibility.

[Skele]

When you say "WE" do you think we are still in an early adoption phase? I mean how early in the game are we still?

So early that right now at least 50 countries around the globe doesn't even can pronounce "Bitcoin" word...

[CoinDiver]

"Those who make peaceful revolution impossible will make violent revolution inevitable."

(Should not be taken as an endorsement of the man.)

This only happen in certain culture.

Some cultures have been suppress for so long that revolution is no longer a possibility.

Only works for countries that have not had their right to bear arms take away.

[arbitrage001]

"Those who make peaceful revolution impossible will make violent revolution inevitable."

(Should not be taken as an endorsement of the man.)

This only happen in certain culture.

Some cultures have been suppress for so long that revolution is no longer a possibility.

Only works for countries that have not had their right to bear arms take away.

Kudo to founding fathers who have foreseen everything.

[CoinDiver]

Only works for countries that have not had their right to bear arms take away.

Kudo to founding fathers who have foreseen everything.

Not everything... and not by a long shot. Regardless, they saw more than most. It was a government built by those who distrusted governments, but watered down by those who wanted a central power for themselves. The articles of confederation was a better arrangement.

[IIOII]

First of all only a very tiny fraction of today's bitcoiners will become part of a future "wealthy elite". The reason is that the majority will spend or otherwise loose their wealth long before they are rich enough to be truly "elite".

During this process, natural selection will occur: Only people with certain personality traits will keep and increase their wealth. You may speculate on what these traits are...

In the end the new wealthy bitcoin elite - although their political tendencies will differ - will appear to the non-elite mass to be as awful as the current one. Of course I hope that i'm wrong, but history tends to repeat itself (with slight variations on the theme).

[tee-rex]

The central banks will be destroyed, all the 1% will be humiliated for the whole world to see.
After that we will fix the whole world so that everyone will be equal, and we use all the ex-rich bastards to do all the nasty work!

Did you read George Orwell's Animal Farm ("all animals are equal, but some animals are more equal than others")?

[wachtwoord]

The central banks will be destroyed, all the 1% will be humiliated for the whole world to see.
After that we will fix the whole world so that everyone will be equal, and we use all the ex-rich bastards to do all the nasty work!

Did you read George Orwell's Animal Farm ("all animals are equal, but some animals are more equal than others")?

Depending on the words they choose to say.

Edit:

Did you just actually place the commercial in the post, pretending to be a signature? 

[tee-rex]

The central banks will be destroyed, all the 1% will be humiliated for the whole world to see.
After that we will fix the whole world so that everyone will be equal, and we use all the ex-rich bastards to do all the nasty work!

Did you read George Orwell's Animal Farm ("all animals are equal, but some animals are more equal than others")?

Depending on the words they choose to say.

Edit:

Did you just actually place the commercial in the post, pretending to be a signature? 

Didn't quite understand what you meant to say by "depending on the words they choose to say". Care to explain?

[wachtwoord]

The central banks will be destroyed, all the 1% will be humiliated for the whole world to see.
After that we will fix the whole world so that everyone will be equal, and we use all the ex-rich bastards to do all the nasty work!

Did you read George Orwell's Animal Farm ("all animals are equal, but some animals are more equal than others")?

Depending on the words they choose to say.

Edit:

Did you just actually place the commercial in the post, pretending to be a signature? 

Didn't understand what you meant to say by "depending on the words they choose to say". Care to explain?

It is a signature, though I have to place it manually at the end of the post (not enough activity to make it automatic without changing the appearance). Why did you ask?

all animals are equal, but some animals are more equal than others
Depending on the words they choose to say.

Are two lines from an Emery song

Anyway, I asked because I've never seen anyone do that and I don't think it's allowed (hence it's blocked for people with low activity). Because you're circumventing this you might get in trouble. Just a friendly heads-up

[Erdogan]

First of all only a very tiny fraction of today's bitcoiners will become part of a future "wealthy elite". The reason is that the majority will spend or otherwise loose their wealth long before they are rich enough to be truly "elite".

During this process, natural selection will occur: Only people with certain personality traits will keep and increase their wealth. You may speculate on what these traits are...

In the end the new wealthy bitcoin elite - although their political tendencies will differ - will appear to the non-elite mass to be as awful as the current one. Of course I hope that i'm wrong, but history tends to repeat itself (with slight variations on the theme).

There is a difference - the new "elite" or whatever can not feed off the public like parasites through the destruction of the money system like now.

[CryptInvest]

Who are the pioneers? Now it is also not particularly cryptocurrency entered our lives. Learned about Bitcoin where in October 2013, many developers forks too. They are also pioneers in comparison with the huge number of people who will benefit from these technologies in 2-3 years

[tee-rex]

First of all only a very tiny fraction of today's bitcoiners will become part of a future "wealthy elite". The reason is that the majority will spend or otherwise loose their wealth long before they are rich enough to be truly "elite".

During this process, natural selection will occur: Only people with certain personality traits will keep and increase their wealth. You may speculate on what these traits are...

In the end the new wealthy bitcoin elite - although their political tendencies will differ - will appear to the non-elite mass to be as awful as the current one. Of course I hope that i'm wrong, but history tends to repeat itself (with slight variations on the theme).

There is a difference - the new "elite" or whatever can not feed off the public like parasites through the destruction of the money system like now.

We don't yet fully understand what the future has prepared for us in respect to Bitcoin and the new "elites". Could anyone, say, in the 18th century ever think or foresee what powers a fiat currency would provide a state with?

[counter]

I'm hoping the Bitcoin elite will use their power and influcence to better themselves and the society.  Staying away from the ways of the current banking model and overall pyramid scheme like economic model we have had and do currently have.

[BitChick]

"The new elites" will not need to shed their humanity, respect for all beings, their non-violent attitude. This is among the advantages of the new economy we envision.

If being elite means someone which is different, with the special privilege to extract wealth from others using force: We are not going to be elites, the topic is wrong.

Being an idealist is good. If history is any guide, revolution doesn't happen without violent. And the new group of elite will not be any different than the current group of elite as time passes on.

To think that we will have a utopia of some sort all because of Bitcoin is a bit naive.  The world is still going to be filled with control hungry selfish people with strong ideologies and there will be wars and "rumors of wars" until the end.

But that said, the power might shift into the hands of a few new people thanks to BTC.