Topic: 80 richest people on the planet have the same wealth as the poorest 50% - page 2. (Read 6226 times)

There is, assuming bitcoin is used as the one and only currency.

If you want food, you'll need to pay with bitcoin.

If you never do anything to earn bitcoin, you'll just keep losing bitcoin to pay for food. Thus, unless you were incredibly rich to start with, you'll need some form of income (= you need to offer something to mankind) to pay your food. You can't just print your way out of it like the rich do now.

Yes, early investors will likely have enough bitcoin to feed themselves and several generations of children and grandchildren but eventually there will be a somewhat even distribution. Since the few people who are rich enough in bitcoin that they don't need to work will only lose bitcoin (they will spend more than they earn), while the relatively poor will work and earn more than they spend. Eventually the gap between poor and rich will close.

That's the effect of a currency that is limited in supply, like gold or bitcoin. At some point, you will need to do someone a favor to gain some commodity in order to get something you want.

There are no free rides in a commodity-based system.

The gap between rich and poor is caused by a lot of things, unlimited printing of dollars is one of the causes (not the only cause however).

Another important cause is because a majority of people is stupid enough to refer to other people as their 'boss' like they are some kind of dog.

Wealth disparity is a sign of unhealthy social structure.

but it may help in some way for sure, by spreading it in the right way, some poor people would have a better living, if they took the bitcoin train

Some of entrepreneurs or very smart people or people with special powers may grow much more logical, maybe governments need to revise their tax policy.

3.5 billion people, not dollars.

(Red colorization mine.)



(Red colorization mine.)

Alexander did, indeed, conquer many a people; however, conquest is a self-preservation technique so primitive as to be employed by chimpanzees.

Why thank you ! A very kind thing to say.


^^ I could not agree more with this. It has taken many a hard working man to create the society in which we are blessed to be currently living in today. Our forefathers have fought for centuries told to fight for the standard of living that most of us in the west enjoy today. They would probably be immensely proud of how far our species has come and the fruits that our and there labour have brought. However, I am also sure they would be a little pleased to see how are appetites for bigger and better have increased exponentially, whereas our hunger to work hard for such improvements has practically vanished.

In Asia, that hunger is growing. Watch the east.

Especially in this forum, just want to point out your comment is very wise and something I subscribe to myself. In a lot of ways, the middle class is voluntarily hanging itself. We need to get re-energized about our place in the world once more. Prior to these inflated decades of entitlement, the middle class man was revered for his sense of duty, honor and commitment to family and friends. He worked hard and it stood for something. Getting rich was not his idea of life, though perhaps a by-product.

Maybe he meant the same wealth as the poorest 3.5 billion people?

Yes ofcourse is trillions.

The problem isn't the rich. The problem is the lethargy of the working man. If you want change then switch off your PC, mute your televisions and begin to appreciate your fellow man. You'd be surprised how many people think the same way but wouldn't know where to begin. We need a shepherd to guide us. Be that shepherd.

The problem is getting worse also, the super rich are getting better and better at killing the middle class.  I reckon best thing to do is boycott the system as much as possible.  Trying to address the problem within the system hasnt worked.

Trillions, maybe?
Bill Gates alone own 80 billion dollars.
http://en.m.wikipedia.org/wiki/The_World%27s_Billionaires

Datas are correct i saw them elsewhere few days ago.

Effectively, your numbers seems to be a bit odd

"80 richest people on the planet have the same wealth as the poorest 50% (3.5 billion)"
^^^
$3.5 Billion combined for the richest 80 people, seriously?
Don't you want to check that one before posting it?

This is a very big problem indeed, but bitcoin won't resolve it at all.

Do you have their bit coin valet address?

When you are surrounded by people that lives like you you become accustomed and you want more. I feel bored and poor compared to Cristiano Ronaldo for example.

these 50% live entirely in the third world and can be ignored for that reason, its the widening disparity between richest and poorest within our own civilised countries we should be more concerned about. if it weren't for a few jew billionaires hoarding wealth and using it to exploit the rest of us we could be working a 20 hour week.