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If they are good stewards of the money and invest it well then they will keep it and we all gain from their investments. If not they lose it and someone, hopefu
by testvox 9y ago
If they are good stewards of the money and invest it well then they will keep it and we all gain from their investments. If not they lose it and someone, hopefully more responsible will have it. In the long run the right people (those who can make profitable investments) will have control over capital.
- piva00 9y agoCan you clarify what is your definition of "right people" in this specific case?
- EGreg 9y agoHow do you know being a good steward of that money doesn't mean just hoarding it and doing nothing? Bitcoin encourages hoarding while it's going up. Who knows where this runaway phenomenon will lead. At least the dollars and euros exchanged for it don't go anywhere. Bitcoin has fast become a store of value and redistribution of the world's wealth to early adopters, as any new fixed money supply would be.