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Topic: Blockchain as a solution to inequality? - page 3. (Read 499 times)

legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
I think the article is a piece of rubbish. Nothing on this earth will ever end inequality, not even the big dreams we all have about bitcoin. Nothing. There will be poor people and as well as rich people forever to ever. Check your fingers, are they all equal, man?

First of all they aren't talking about solving the problem of inequality once and for all, because that can't be done. They're focusing on reducing it and some of the solutions are quite good IMO. Like this one:

Pool of Stake solves the inequality issues of PoS by creating the first decentralized pool for PoS blockchains. The product lets token holders participate together in transaction verification by pooling their funds to stake together so they can share the rewards later. This lowers the entry barriers for staking. It also creates an equal environment in which all token holders can participate to secure blockchains and generate a passive daily income, regardless of their initial wealth!

This would actually allow the holders of BTC participate in mining and earn passive income. Inequality would still remain because there would have to be the minimum that you have to hold to be able to get anything. This means that if you wouldn't be able to afford 5BTC (for instance), you wouldn't get anything.
sr. member
Activity: 490
Merit: 258
Naah, most people think of blockchain as some sort of financial tool, but in reality, it's main purpose is to secure information so it can't be manipulated at all.
sr. member
Activity: 1918
Merit: 370

We shouldn't want to do that since the balance in this world would be ruined. Someone has to work for those who are hard workers and rich just because of their eagerness to be rich.

This is just another form of marketing strategy for ICO product as posted, Blackchain was developed for easy access into crypto currency transaction, is also use  as safety net for one coin in the market. We can read a lot of article about Blackchain system in the news fed, It is better for us all to make an individual decision on how we evaluate the system.
full member
Activity: 504
Merit: 102

We shouldn't want to do that since the balance in this world would be ruined. Someone has to work for those who are hard workers and rich just because of their eagerness to be rich.
member
Activity: 69
Merit: 20
Lama
We have to admit there is no solution to solve inequality, at least not right now, it's just how the world works. Smart people earn more, not so smart earn less, and that's totally fine for me.

That article is just to promote theirs ICO, they pointed some other projects, which doesn't solve inequality at all, at least I don't see how exactly that solves inequality, and I don't even see how Pool of Stake solves inequality problem.
newbie
Activity: 64
Merit: 0
June 08, 2018, 05:11:37 AM
#9
I think the article is a piece of rubbish.
It's an article that promotes a certain project called Pool of Stake. The article talks more about solutions to blockchain inequality rather than using the blockchain itself to address inequality lmao. It's clickbait.

To answer the topic's question though: I seriously doubt it. It's an extremely tall order considering inequality is a problem as old as humanity itself. It's a social issue that cannot be addressed by simple software implementation. It could probably have micro effects on isolated fields though, depending on what it's used for.
This is why some members of bitcointalk have asked the admins to ban newbies from starting a thread. The newbies are guilty of sending clickbaits and spams here.

To be honest a lot more spam and pointless discussions about bitcoin, how many times we can discuss the same stuff? This post was about to open an discussion, what worked.
sr. member
Activity: 1960
Merit: 329
June 08, 2018, 04:35:39 AM
#8
I think the article is a piece of rubbish.
It's an article that promotes a certain project called Pool of Stake. The article talks more about solutions to blockchain inequality rather than using the blockchain itself to address inequality lmao. It's clickbait.

To answer the topic's question though: I seriously doubt it. It's an extremely tall order considering inequality is a problem as old as humanity itself. It's a social issue that cannot be addressed by simple software implementation. It could probably have micro effects on isolated fields though, depending on what it's used for.
This is why some members of bitcointalk have asked the admins to ban newbies from starting a thread. The newbies are guilty of sending clickbaits and spams here.
sr. member
Activity: 700
Merit: 275
June 08, 2018, 04:17:43 AM
#7
If inequality was supposed to be so much easy then why would any country be divided on the earth!

Within nation there is always inequality in terms of money, and thats why there are rich and poor people everywhere. The system can not be made equal because everyone is at different pace of their family and life development and thus it can be very harder for accepting that nothing comes on the same page ever!

Blockchain on the other hand is itself crucified by the government and are not willing to accept it so I guess that is another big dumb shit that may not help us to get equality within the system.
hero member
Activity: 1834
Merit: 759
June 08, 2018, 04:16:53 AM
#6
I think the article is a piece of rubbish.

It's an article that promotes a certain project called Pool of Stake. The article talks more about solutions to blockchain inequality rather than using the blockchain itself to address inequality lmao. It's clickbait.

To answer the topic's question though: I seriously doubt it. It's an extremely tall order considering inequality is a problem as old as humanity itself. It's a social issue that cannot be addressed by simple software implementation. It could probably have micro effects on isolated fields though, depending on what it's used for.
newbie
Activity: 112
Merit: 0
June 08, 2018, 03:59:10 AM
#5
The blockchain was born as an important event to make the transaction of cryptanalytic and modern cryptographers safer than ever before. You can never say that it is equal, so we can not say  Blockchain as a solution to inequality.
newbie
Activity: 32
Merit: 0
June 08, 2018, 03:55:47 AM
#4
For me Blockchain is a way to improve the economy, I love blockchain because blockchain gives me a solution to improve my economy, anyone who can use blockchain technology will get good and economic improvements, I do not really understand what kind of equality do you mean?
sr. member
Activity: 1960
Merit: 329
June 08, 2018, 02:40:27 AM
#3
I think the article is a piece of rubbish. Nothing on this earth will ever end inequality, not even the big dreams we all have about bitcoin. Nothing. There will be poor people and as well as rich people forever to ever. Check your fingers, are they all equal, man?
newbie
Activity: 140
Merit: 0
June 08, 2018, 02:40:15 AM
#2
 do not think so if you borrow money from the bank you have to accept the difference between the sender and the price you borrowed from you have to pay the third party is the bank when you trade bitcoin you It is not worth the price and not through the third party but only the seller and the buyer
newbie
Activity: 64
Merit: 0
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