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Topic: How would you prepare to share massive wealth? - page 2. (Read 631 times)

legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
kidding aside i tend to agree with steve_rogers: education is the best way for people to improve their lives and that of their family.

i would probably set up a lot of higher education grants for those who can afford it the least. some at physical universities, some virtual.

i would also invest heavily in to research (mainly medical but unsure on that), probably through university grants. better medicines and treatments will help everyone. well, more or less, as healthcare standards, costs and such vary widely around the world.

This only affects people who want to learn. Not everyone has the capacity, capability or time to learn. Really what you are doing is creating a fund which will likely be abused by rich and poor. The only way to distribute wealth is on an individual basis. You can't just create a generalized fund which is can be used by a specific group or nationality or whatever.

This has been tried and tested and people will find loop holes or ways of abusing the system. Medicial research wouldn't likely affect everyone either. You are assuming that this newly found medical discoveries will be available to everyone. It would be best in my opinion to set up a system much like the NHS and other medical systems throughout the world which offer free medical care.

None of this bullshit of having to pay for medical care.

so just everyone just gets "x" amount extra?

seems like thats the way to waste it. how many would just blow it on fun times or other useless (for the quality of life of the population in general) endeavors. not that im not against having fun but not with money donated from others that are to be used for the betterment of society in general. the USA medicaid program (supports the poor with free housing food and healthcare) sees massive abuse. why work when you can leech off the system?

those who want to learn would. they would have the capacity be more productive, to improve the general quality of life in their areas by applying what they've learned.

those who dont want to learn wont waste educational resources better allocated to those who would use them for society's benefit.

as for medical advances, sure initially the advances would probably be limited to certain populations (say, the more well off or well connected) but that would fade as the advances trickle down in cost. thats pretty much just the way it goes. not everyone can have a limited resource at once, as initially such treatments would likely be quite costly. eventually it gets to the point that its available to everyone cheaply.
jr. member
Activity: 309
Merit: 5


I think that we need to satisfy basic needs, firstly. Like to build the houses for all that are in need, and try to automatize the growing of food in order to make it almost free for everyone. Because when you are hungry you can not think about "high" things, and only after that we can educate people about philosophy, medicine, engineering and other important things.
And such things like trading, they don´t lead to "all over the world happiness", the world financial system is a huge scam, which is non-beneficial for common people.  

I disagree.If you gonna give what people need they will be just dependent on you if you want them to grow, teach them how to grow.
legendary
Activity: 4522
Merit: 3426
Wealth comes from creation of value. I think it is up to the creator to determine what to do with the wealth they have created.
legendary
Activity: 1232
Merit: 1080
"share"?

what means this word "share"?

kidding aside i tend to agree with steve_rogers: education is the best way for people to improve their lives and that of their family.

i would probably set up a lot of higher education grants for those who can afford it the least. some at physical universities, some virtual.

i would also invest heavily in to research (mainly medical but unsure on that), probably through university grants. better medicines and treatments will help everyone. well, more or less, as healthcare standards, costs and such vary widely around the world.



This only affects people who want to learn. Not everyone has the capacity, capability or time to learn. Really what you are doing is creating a fund which will likely be abused by rich and poor. The only way to distribute wealth is on an individual basis. You can't just create a generalized fund which is can be used by a specific group or nationality or whatever.

This has been tried and tested and people will find loop holes or ways of abusing the system. Medicial research wouldn't likely affect everyone either. You are assuming that this newly found medical discoveries will be available to everyone. It would be best in my opinion to set up a system much like the NHS and other medical systems throughout the world which offer free medical care.

None of this bullshit of having to pay for medical care.

I think that the future means that a few revolutions are going to happen. The best way I could spend my money is not by sharing it as such, but creating a framework in which everyone can benefit from progress, working less in things they don´t like and more in the things that are purely human, such as arts, creativity, innovation, etc...

The greatest wealth is your own time.

Depending on what you are visualizing here I think this falls into the same traps of the other members generalized approach. Frameworks or grants or something which covers a wide group of people in theory sounds great. But a lot of people who don't really need it will likely abuse it and you only have a limited wealth. The best approach would to actively seek out who needs it the most or something along those lines. After all "With great wealth comes great responsibility" - Bill Gates
legendary
Activity: 2436
Merit: 1634
Do not die for Putin
I think that the future means that a few revolutions are going to happen. The best way I could spend my money is not by sharing it as such, but creating a framework in which everyone can benefit from progress, working less in things they don´t like and more in the things that are purely human, such as arts, creativity, innovation, etc...

The greatest wealth is your own time.
member
Activity: 280
Merit: 62
how about to build an NGO, an NGO like help educate everyone about cryptocurrency, trading, and investment. Or help the poor to educate healthy and cheap meals. maybe a skill training seminars all for free.  the best thing to share is to help someone to gain knowledge so they can grow independently.

I think that we need to satisfy basic needs, firstly. Like to build the houses for all that are in need, and try to automatize the growing of food in order to make it almost free for everyone. Because when you are hungry you can not think about "high" things, and only after that we can educate people about philosophy, medicine, engineering and other important things.
And such things like trading, they don´t lead to "all over the world happiness", the world financial system is a huge scam, which is non-beneficial for common people. 
jr. member
Activity: 309
Merit: 5
how about to build an NGO, an NGO like help educate everyone about cryptocurrency, trading, and investment. Or help the poor to educate healthy and cheap meals. maybe a skill training seminars all for free.  the best thing to share is to help someone to gain knowledge so they can grow independently.
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
"share"?

what means this word "share"?

kidding aside i tend to agree with steve_rogers: education is the best way for people to improve their lives and that of their family.

i would probably set up a lot of higher education grants for those who can afford it the least. some at physical universities, some virtual.

i would also invest heavily in to research (mainly medical but unsure on that), probably through university grants. better medicines and treatments will help everyone. well, more or less, as healthcare standards, costs and such vary widely around the world.

member
Activity: 280
Merit: 62
I think "wealth" and "sharing wealth" doesn't simply mean to be a billionaire and share money with starving.

Knowledge and data are new gold. The best think that we can make for starving, is to teach them how to solve their problems by themselves.
Money is just a powerful tool, an easy-convertible universal resource. Sure, sometimes you need just simply share money with for i.e. elder people who cannot gain new skills or with funds that will help them. But the best think is to help young generation to obtain the right model of way of thinking, help them to their mind, grow the right priorities. If the sees of wisdom will be in every young person - the world will change very quickly. Most of the problems today are just because of bad education and lack of resources.

 So we just need to spread the wisdom, but it is almost impossible without a huge amount of resources.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
How would you prepare to share massive wealth?
Not asking about taxes, SEC, MSB's Etc.

  • If you knew there was a flood of next-gen wealth being created, and personally just wanted "middle-class freedom to be creative", then who gets the big money?
  • Share with the abused working class? YES! but what ~%?
  • Totally lock out standard Angels and CEO's? Their greedy game is getting banned from Facebook and Google ads.  (??) >>  Search for the "best and brightest" among the mix and mingle ICO elite, or purposely shut them out?
  • Schools and Colleges (virtual at first) for the abused working-class and sock-puppets: Do we actually put effort into helping people, or do a "nice try" and rush to a fast payday with a "almost normal" crowd event.
  • Would YOU (in theory as a discussion) enjoy the experience of preparing for success, or choose to rush to a fast payday just like everyone else?


Main question: In an environment of "almost insane greed", how do you ethically and morally prepare to share massive wealth?






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`Recent update`

This is a tricky question. I don't believe in simply just blindly helping people...

Yes.
(A simplified version)
"Part One" = How to provably fairly share with people who can afford to invest early, &
"Part Two" == The most productive and fair way to give to people who actually need help.

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