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Topic: The intelligence injustice of Bitcoin - page 2. (Read 1491 times)

legendary
Activity: 3038
Merit: 1032
RIP Mommy
June 30, 2015, 04:25:21 PM
#9
Harder to link bank accounts & cards to PayPal than to use BTC.
Harder to set up an email account than to use BTC.
legendary
Activity: 1806
Merit: 1024
June 30, 2015, 04:18:18 PM
#8
Intelligence is not distributed evenly among people. That's a fact. If you prefer to call this fact "injustice" then it's the injustice of nature.

Just because nature is a bitch and doesn't care about justice, it doesn't mean that Bitcoin is any more unjust than nature itself.

However the very concept of "justice" is difficult to define to begin with...

ya.ya.yo!
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
June 30, 2015, 03:59:07 PM
#7
Unfortunately, stupid people are going to be impoverished. That's the way it works. Fortunately for them, the world needs ditch diggers and landscapers too. It all works out at the end of the day.
newbie
Activity: 56
Merit: 0
June 30, 2015, 03:46:59 PM
#6
it all depends on the application level, if something easy to use gets to the masses then bitcoin would be used as fiat

for example you don't really need to understand how your computer, memory, hardware and software works.
that's why anyone at any level can buy a pc, use facebook and google etc

Certainly. We are going that way. The way of MacOS and other things that drove mass adoption. The alternative is that bitcoin will fail.

However, in that process, will we not see an even sharper divide of less and more intelligent than we know now? Simply because early adapters have a considerable advantage.

On the other hand some might argue that "the dumb deserve to be poor"?
full member
Activity: 134
Merit: 100
June 30, 2015, 03:27:55 PM
#5
it all depends on the application level, if something easy to use gets to the masses then bitcoin would be used as fiat

for example you don't really need to understand how your computer, memory, hardware and software works.
that's why anyone at any level can buy a pc, use facebook and google etc
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
June 30, 2015, 03:20:37 PM
#4
I think this will change. Kinda like the early internet. I remember when you had to type in everything to just connect. Then you had to guess domain names since there were no search engines. And even before that I used to have to war dial to find computers. It was really only for the most dedicated computer geeks. Now Grandma uses the internet. 
hero member
Activity: 966
Merit: 526
🐺Dogs for President🐺
June 30, 2015, 03:17:03 PM
#3
Another thread, bitcoin for the moment is easy to use only by who have a good knowledge of a personal computer (in general) and internet. So yes, you are basically correct in your through... FIAT is more easy to use because the services related with are really simple, bitcoin is more difficult to use because it's a new thing and it is NOT simple to use and understand (the concept or ideology of "not controlled").

However, there are some people who don't want to understand the differences between FIAT and cryptoCurrency and those people deserve to stay ignorant.

Well said!
legendary
Activity: 1778
Merit: 1043
#Free market
June 30, 2015, 03:09:33 PM
#2
Another thread, bitcoin for the moment is easy to use only by who have a good knowledge of a personal computer (in general) and internet. So yes, you are basically correct in your through... FIAT is more easy to use because the services related with are really simple, bitcoin is more difficult to use because it's a new thing and it is NOT simple to use and understand (the concept or ideology of "not controlled").

However, there are some people who don't want to understand the differences between FIAT and cryptoCurrency and those people deserve to stay ignorant.
newbie
Activity: 56
Merit: 0
June 30, 2015, 03:03:19 PM
#1
The bitcoin concept (what it is, whether it is useful etc.) is still quite complex. I think we can agree that it takes some minimum level of intelligence and perseverance to figure these things out.

It could be argued that with FIAT currencies the poor had a hard time getting rich and as such there was a demographic divide with limited social mobility. For example, someone really smart might be born into a situation with tough chances of being financially successful.

If Bitcoin succeeds it seems the intelligent and the early adopters has a huge advantage already. As such, the 'injustice' is still there it has mere shifted demography. Where it might take intelligence to make FIAT money, it does not really take much intelligence to be interested in it, understand it, or use it.

It seems that Bitcoin heavily and negatively biases the groups with less than average mental capacity.

Sure low intelligence was never a benefit, but at the current state of bitcoin affairs which less intelligent person would ever consider Bitcoin an option? It seems the troubles of this group of people are even worse than using FIAT?

Does it matter? Do we care that Btc favors the geeks and nerds like us? That it's success basically could redistribute wealth in the world (to some degree) even more sharply along a low vs high intelligence dimension?
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