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R2D221
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February 23, 2015, 02:53:05 PM |
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Bitcoin just like dollars will always be for everyone. Some people will always have more of both dollars and bitcoin. With that, they will exert more control. I guess you could say Bitcoin is for both the new elite and everyone, not just one or the other.
Are you saying that the elite is not part of everyone? |
An economy based on endless growth is unsustainable.
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QuestionAuthority
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Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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February 23, 2015, 05:29:52 PM |
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Bitcoin just like dollars will always be for everyone. Some people will always have more of both dollars and bitcoin. With that, they will exert more control. I guess you could say Bitcoin is for both the new elite and everyone, not just one or the other.
Are you saying that the elite is not part of everyone? Yes they are, but everyone is not a member of the elite. |
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R2D221
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February 23, 2015, 05:55:03 PM |
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Bitcoin just like dollars will always be for everyone. Some people will always have more of both dollars and bitcoin. With that, they will exert more control. I guess you could say Bitcoin is for both the new elite and everyone, not just one or the other.
Are you saying that the elite is not part of everyone? Yes they are, but everyone is not a member of the elite. Then you can't pick “just one or the other”, as you said. Either it's for the elite, or it's for everyone (including the elite). |
An economy based on endless growth is unsustainable.
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ChuckBuck
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February 23, 2015, 06:06:10 PM |
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Bitcoin just like dollars will always be for everyone. Some people will always have more of both dollars and bitcoin. With that, they will exert more control. I guess you could say Bitcoin is for both the new elite and everyone, not just one or the other.
Are you saying that the elite is not part of everyone? Yes they are, but everyone is not a member of the elite. Then you can't pick “just one or the other”, as you said. Either it's for the elite, or it's for everyone (including the elite). Here, I'll settle your argument for both of you. Elite = 1% Everyone = Elite 1% + Non-Elite 99% So not everyone is part of the 1%, but for Bitcoin, it applies to the 100%. |
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rax
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February 23, 2015, 06:07:13 PM |
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Yes, but that's just how money works, and Bitcoin was not designed to solve the money distribution problem. The point here is that everyone can use Bitcoin, even if they don't have the big amount early adopters have. What problem is this? |
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Bit_Happy
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A Great Time to Start Something!
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February 23, 2015, 06:10:35 PM |
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Bitcoin is for everyone, but it is best for our new elite:  |
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TrianglePythagoras
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February 23, 2015, 06:12:12 PM |
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I feel as if it's for the elite only. Well, it makes me feel elite.
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R2D221
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February 23, 2015, 07:07:55 PM |
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Yes, but that's just how money works, and Bitcoin was not designed to solve the money distribution problem. The point here is that everyone can use Bitcoin, even if they don't have the big amount early adopters have. What problem is this? Nothing. It was just a statement. |
An economy based on endless growth is unsustainable.
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koelen3
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Sooner or later, a man who wears two faces forgets
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February 24, 2015, 02:23:39 AM |
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The main idea for it have always been to be used by everyone , so why not
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NoahWL1
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February 24, 2015, 02:25:45 AM |
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As of now, Bitcoin is surely not for everyone. It takes a lot of time and effort to educated the average person of what Bitcoin is, how it works, etc. Eventually, I'm sure many of us hope (alongside I) that this won't be a problem anymore and that Bitcoin will be adopted as a worldwide currency.
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gentlemand
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Welt Am Draht
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February 24, 2015, 02:28:38 AM |
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It should be for everyone. Everyone can get in right now. The world doesn't really work like that though. Assuming it ever goes prime time, by the time it's ready for everyone an elite will be entrenched.
That's how it is for most things and always will be. A small group does the heavy lifting and the masses pour in once their hard work bears fruit.
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tss
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February 24, 2015, 07:30:16 AM |
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bitcoin will one day be used by those that need it.
today it's just us, playing with keeping it alive until then.
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johnyj
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Beyond Imagination
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February 24, 2015, 08:28:12 AM |
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Not for everyone, their wallet will be hacked/lost/forgotten ... In today's fiat system they simply turn to banks for help under such situation, but no one would help them in bitcoin world
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xingming
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Writing to dispel society's myths.
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February 24, 2015, 08:31:19 AM |
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It depend , If you mean get a nice price for you bitcoin and buy it cheap let that to the elite of trader .
Or you mean who can own it , bitcoin is for everyone intead of the Elite who owns 60 % of all bitcoins ,,,
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bryant.coleman
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February 24, 2015, 11:17:27 AM |
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Not for everyone, their wallet will be hacked/lost/forgotten ... In today's fiat system they simply turn to banks for help under such situation, but no one would help them in bitcoin world
Yes... that is the sad part. It is very easy to steal Bitcoins, even from highly secure exchanges. In the past 12 months time, some BTC2 million has been stolen, and that represents 15% of the BTC market cap. |
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OpenOcean
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March 09, 2015, 06:25:33 PM |
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Time will tell.
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Snail2
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March 09, 2015, 07:33:24 PM |
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Voted for elite only. I don't like this, but this is the reality. Cca 90% of the world population are unable to use it and 90% of the internet users doesn't really care. If you take a look at the BTC distribution you will see that most coins are concentrated in very few hands. These factors are inevitably going to lead (or already led) to the formulation of a small elite who owns most bitcoins.
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R2D221
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March 09, 2015, 07:59:56 PM |
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Voted for elite only. I don't like this, but this is the reality.
This is why the question in the poll says “should be”, not “is”. |
An economy based on endless growth is unsustainable.
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Poll
