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I really don't understand how BTC make better world. I mean, it monopolized by a few people from FIRST. And the monopoly will sustain forever. If someone else

• oleganza 13y ago
  Suggest a better way to distribute new asset "fairly". Facebook shares are also distributed unfairly. And gold. And dollars. Also, something that looks fair for you, wouldn't look fair for another person. What's important to me is that money is hard. If you have it, it can't be printed out of value. It should not be very costly or risky to store or transfer (like gold or USD). I want to be sure that even the richest guys can't simply extract money from me. That they have to earn it by doing work. Or earn service from others by paying them, not forcing them. Bitcoin allows us to get to that kind of protection closer than ever. Consider this: gold was always as hard to protect as to confiscate it. It's symmetrical. Therefore, most powerful and brutal were accumulating gold over time. Gold is now owned massively by largest governments and banks. Regular people can only own as much gold as they can hide in their pockets. Extra gold is too easy to take (http://en.wikipedia.org/wiki/Executive_Order_6102 http://en.wikipedia.org/wiki/Executive_Order_6102). Bitcoin is much cheaper and easier to store and transfer than to extract it. It's asymmetrical. Now big guys with guns would have to work more and steal less to get some money, then before. Stuff that was stolen or destroyed will never come back to you, but at least, over time, distribution of wealth would match more closely actual merits of market participants, than amount of gunpowder that they have.