Topic: Fix the money, Fix the world. - page 8. (Read 1627 times)

The point remains that there is no way that we can't see that side of bitcoin and the whole of cryptocurrency that has not helped the pocket or bankroll of majority of those trading or hodling on to it. Come next year after the halving, we are going to see more millionaires that will emerge from hodling and investing in bitcoin. Majority of benefactors of bitcoin are the lower income earners, the middle class and the poor because they constitute the large number of bitcoin community. Most rich homes hold on to their oligarchy class, production and controlling of the government which can be a reason that bitcoin is facing the challenges of restrictions, ban , seizure of accounts.

I know what you mean and want from a world financial point of view. But all of that is not enough because when we look back at the conditions in one country, the reality is that we are nobody, have nothing to control, and have no strong legal force. I think it is difficult to break the capitalist system with scripts and without full support. We are silenced because we have nothing but to survive for ourselves and our families. Talking about growth or economic power will be quite broad in nature. Bitcoin can't even do more than now because the government with 1000 ways of providing a centralized exchange and tightening KYC then making it easier for them to control anyone who has big finances in it can be seen clearly.

What you described is why the government won't allow Bitcoin to succeed, Bitcoin succeeding means the government and the rich won't have any control again and the government will be powerless when they don't have control over our money. Through controlling money is how the government ensure her citizens will be under their control and enslave them. Money can't be fixed as it's centralized and been controlled by the elites in our control.

If we want to fix money then it has to shifted from centralized to decentralized as Bitcoin is which will make it difficult for the government to have control or regulate it. This looks very impossible to achieve so we can just say the world as we know it can never be fixed totally.

I think it's unfair to only conclude like that when life is in balance with good people and bad people, rich people and poor people. Not only some parts want to control and manipulate things through matter, because we also have a lot of people who know how to use material things to help people.


I think about the problem that we live in this context about you are not in such a position and only see the problem negatively, and the solution from bitcoin or crypto can be stated but in reality we need a lot of time to get it. adapting to the general social context, like the popularization of the internet since its birth to the present, we can see everything happening quickly but it takes many problems like time.


It's always good that we complicate things on our own, prejudices are caused by our self-regulation and bitcoin is not necessarily an easy solution, I see the problem of universalizing morality in life rather than talking about economic or technological issues to maintain the good.

It's theoretically possible for the rich elite/governments to manipulate the Bitcoin price(by buying BTC, by spreading FUD or by directly banning BTC/crypto). What happens then? I've said this multiple times. Bitcoin is not some kind of magical solution for all problems. Bitcoin cannot end wealth inequality. Bitcoin cannot take away the power from the rich elite and give it to the masses.
You are right about one thing. Money is a tool. But money is not the main source of the rich elite's economical and financial power.
The rich elite owns various financial assets and production facilities. This is way more important than simply having money in the bank.

Fiat currency is part of a System of slavery that oppresses the enslaved ... It is a system of control by an evil slave master who rules over billions of people. The rich, who are equally enslaved, are at top of the system, often used by the slave master against the poor in a manner that is more parasitic than mutual.

Fixing fiat currency alone won't solve the issue as long as people remain under the power of the slave master. The solution is to have a right alternative which should be decentralized for obvious reasons, then get the enslaved to abandon the centralized system and join the alternative. But you'll need to convince the slaves first why they need to flee the slave master and join a decentralized alternative system like Bitcoin. Most of the slaves will not understand and could be used to fight those who try to free them, to protect the evil system they are used to. Even when they decide to use Bitcoin, it would be for the wrong reasons rather than taking advantage of its decentralized features to become free from the slave master's financial control.

There will be few people out of the billions who will choose Bitcoin for the right reasons and use it the way it should be used. There will few who will choose the right path. The rest will take the wrong path of centralized financial control, whether through fiat or cryptocurrency. Adopting crypto without using it properly or in decentralized manner is a bad as using fiat digitally. This certainly will keep the slaves enslaved, powerless, abused or oppressed by those who control them.

Hard yes but it's even harder before when the whole world don't have any optimism with Bitcoin. Right now, we're getting close or we're at least there where the world is trusting Bitcoin not just individuals that have been here but also financial institutions as big as BlackRock and other companies that has the same trust as them. We can't do anything with those countries that have already imposed a ban on Bitcoin, maybe sometime in the future that they'll alter that belief and will also join the bandwagon for accepting and allowing Bitcoin on their areas. But today, there's so much better things happening on it that we'd never expect to happen if you've been here for a long time already.

The world has never been fair and not entirely equal, and undeniably the rich always oppress the poor in every way. But don't blame them because if you don't want to be oppressed by others, get rich, and find a way to get rich, you will never be oppressed again. For me whining and criticizing others will not solve the problem, instead find a way to fix it and get over it.

Regarding the OP's idea, I think the OP seems to be being too delusional about bitcoin and treating it as a god rather than a currency.
Bitcoin can reduce poverty, reduce unemployment, and now the idea of bitcoin can balance rich and poor, I really don't know if anyone has any other ideas about bitcoin,  .

The statement "Fix the money, fix the world" If I mean it. it does not guarantee to be the sole determinant of social welfare. I think that addressing wealth inequalities and systemic problems requires a comprehensive and multifaceted approach to addressing social inequalities and one option is as OP said above Bitcoin as an alternative where the use of BTC as an alternative currency that gives individuals power, control and self-custody. widely and as a solution to the financial gap has not been fully adopted by the public.

what I imagine is that if bitcoin is a single currency, bitcoin is not owned as a currency in a country, but a country that owns most of the bitcoins, then they can control the price. therefore we must be able to keep up with the times and must be able to use it more effectively. this will be very useful if we have international business, of course with bitcoin it will expedite our efforts in matters of payment

That obviously doesn't mean that when you have money you have everything,
compete in knowledge because that is what can fix the world,
However, there will always be poor people.

I think poor people have had gold as an alternative to freedom since ancient times, it was accepted around the world to this day. But because the level of knowledge is low, making the ruler's doctrine about the importance of the financial system still leads the poor to the path of oppression.

I don't agree that fixing the money fixes the world. I agree more if increase knowledge, fix the world. Bitcoin is only a modern representation of money of freedom, but its existence will not change the status of the poor.

We live in an imperfect world and a perfect society is something that we can never have. That’s practically impossible and we might as well live it be and get yo accept reality as it really is.

We leave in a nation were there are boundaries and as such, there would always be means to some control and fiat currency is a much better tool to archiving this. Pumping it in or vice versa could create desirable effects for the government and they know that. How then do you expect them not to use it.

In order for bitcoin to be handy as you hope or wish for it to be, it’s got yo peak first, following the highly scared nature of the currency and with that, the least Sat has got to have some real value for exchange for it to go round the many devices we’ve got surfing the web for the multitude that buys the idea.

it is very hard to make bitcoin fully adopted in the whole world with any countries who ban it because we can not force all countries accept bitcoin since they have their own right to manage their own governance. some governments of countries prohibit to use bitcoin because they feel that bitcoin has many risks for their citizens and their on going national economy.

You're pretty optimistic, that's a good thing. But the thing is, the whole system is feeding off of this disparity and that fact alone is the reason why things wouldn't change even if bitcoin became the second coming of Jesus Christ. The system is just rigged from the beginning that everyone in it including us. To "fix the money" as you try to put it, would basically mean that you would need to topple the current status quo in favor of a future that we're not even sure is possible.

Besides anarchic moves such as disrupting the system of currency in the world there are other better ways to incite change in the world. Mere boycott of products that actively participate in damaging the environment is more than enough to incite change.

Bitcoin is just money and if we want to get out of poverty, if we want to have money then we need to work hard.  i really don't find bitcoin useful in balancing the rich-poor balance, even if it is used globally and as a replacement for fiat.
If you are a poor person because you are lazy and don't work hard, you just expect to hold bitcoin to get rich, then you don't deserve to be rich. honestly, if you are not rich, you should find a way to be rich instead of just blaming everything around you. 

Why would bitcoin change the rich and poor balance? That doesn't make any sense. If you are saying that all the hodlers will be rich, how many ex poor people is that from the population? How is that money moving from hodlers to poor again? Bitcoin doesn't just keep rising infinitely so that eventually everyone is rich. That's not how anything works.

It's a whole different argument what permissionless transactions do to countries if they are fully adopted by everyone, but that doesn't have anything to do with people being poor and rich. That could only be fixed by radical politics.

I agree to this and I agree more that bitcoin can offer even the poor the opportunity to be able to hodl bitcoin in expectation of an increase in what they have invested in the future.  Although the quantity of investment by the rich and poor varies because the poor can only afford to invest in smaller quantities but at least it has an investment power that will become worthy of value in the long run. Even where bitcoin can't solve the gap between the poor and the rich but it reduces it quite significantly. Like we see many traders and hodlers of bitcoin unlike when it was newly created, this shows more people are getting into the circle of bitcoin.

Government has being against bitcoin and government is were corruption started what is happening today in government is not a new thing we know that bitcoin is recent technology that is fighting means to be legal tender but government is suppressing the awareness and value by banning bitcoin across some states, the poor has being reliefs with the existence of bitcoin on like before so if government should embrace bitcoin generally that means many people will be like them and that's why they are trying to abolish bitcoin technology not to exist

It's frustrating how money has been used by the rich and powerful to control everything. Bitcoin does offer an alternative with its decentralized nature. It puts the power back in the hands of individuals, giving everyone control over their own money. Imagine a world where there's no divide between the rich and the poor, and everyone has equal access to Bitcoin. It could definitely make things better.