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>Yes. So what? I don't think the typical Bitcoin proponent is the kind of person to get outraged at Pareto distributions. They are against governments.. The pr
by Rury 6y ago
>Yes. So what? I don't think the typical Bitcoin proponent is the kind of person to get outraged at Pareto distributions. They are against governments..
The problem here is equality. People invented and see bitcoin as a "store value" because they want to protect themselves from the inequality being forced upon them from governments printing fiat. As so, your idea that people:
>don't get outraged at Pareto distributions
is in contradiction to
>Bitcoin (and other cryptocurrencies) does bring value to our society as a store of wealth
After all, if people weren't outraged at Pareto distributions why would it matter to them to store their wealth?
To reiterate, the greater point being made is that bitcoin ultimately won't solve anything regarding inequality. Adopting bitcoin isn't going against the man, it's just shifting who the man is from being "the government/FED" to "crypto exchanges/peddlers/other earlier hoarding crypto entities". With time people will come to hate such authorities just as they've come to hate the government. I mean just look at how people hate on mature big corps like Google these days, when many gave it fonder thoughts during it's earlier days... Bitcoin will be no different.