Will bitcoin change the distribution of wealth in the world? - page 6.

dynospytan

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Quote from: HappyNonce on October 13, 2017, 03:48:44 PM

Does anyone have information whether bitcoin would distribute wealth more equally across people than the current wealth distribution?

Or would the distribution be even more unfair?

We want better education, better healthcare, better everything and yet our very money does not allow for these things. Our money, enforced by our governments, is what holds us back more than anything. Real economics is not allowed to take place in our current world. But, bitcoin is changing that. And if governments are unable to stop Bitcoin, which it will be very difficult to do, then we are in for a life changing world in the near future. Just as how the Internet removed the lies of religion and government, so too will Bitcoin remove the chains of government..

3la9l_kolbaCa

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Quote from: HappyNonce on October 13, 2017, 03:48:44 PM

Does anyone have information whether bitcoin would distribute wealth more equally across people than the current wealth distribution?

Or would the distribution be even more unfair?

For me it distribute equally because the lucky of the person it depends on your hardwork. If you really look to your future brightly as bright as the sun for sure the success of being wealthy will follow you. The distribution will not be unfair because everyone works on it as what they desire to have in life. It really matter on how are you going to handle the situation.

Jessica2009

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According to me Bitcoin will change the distribution of wealth in the world in a different way usually the concept of wealth distribution by the government is by taking money by force from people and giving to people. To my point Bitcoin is a blessing for surviving and give support for their family .If we are able to work with cryptocurrency it gives support to solve our financial problems so I trust Bitcoin can help and give positive support for life.

rainezerr401

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Quote from: HappyNonce on October 13, 2017, 03:48:44 PM

Does anyone have information whether bitcoin would distribute wealth more equally across people than the current wealth distribution?

Or would the distribution be even more unfair?

Actually, cryptocurrency today is the easiest way to earn profit, working on the corporate world is very hard because of the small salary, but with cryptocurrency everything has been made easier and i think that bitcoins can really change the world for good.

JPage

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Just try to succeed, develop your strategy, and don’t pay attention to the distribution of wealth.

suburban123

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Quote from: HappyNonce on October 13, 2017, 03:48:44 PM

Does anyone have information whether bitcoin would distribute wealth more equally across people than the current wealth distribution?

Or would the distribution be even more unfair?

Immediate enrichment fantasy sooner or later breaks down on the principle of reality. Bitcoin fever will drop, even if the payment system bitcoin will be massively used around the world and change our lives. The ratio of rich and poor, happy and unhappy, healthy and sick people will still remain the same, with or without bitcoin.

michellee

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I think in a few years ago until now, bitcoin is changing the distribution of wealth in the world although the percentage is not too big and for people which getting involved in the bitcoin world can feel that their life is change. they can earn more money from bitcoin especially if they can earn from altcoin too and I am sure that now, they can have their own money and they can solve their finances problem that might be their main issue to try working in the cryptocurrency. and if people which don't know about crypto is also joined and they can earn money like the first people, I am sure that the distribution of wealth in the world can change and people will be living with a better life.

Visbay

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Quote from: JPage on May 09, 2018, 09:23:45 AM

Bitcoin is useless by itself, because it is just a tool, like a knife or a gun. It can't do anything without people, who can use it wisely.

But people are also nothing without bitcoin mate, Look as a lot of people are now living a happy life only because of bitcoin, so I think it important to have bitcoin if one want to have equal money as the rich category of society, bitcoin gives us a lot of chances to be rich, it gives saving, gives money without investing as well, people who were poor and jobless in past are now earning high amount of income and living good life with bitcoin earning so thanks to bitcoin for being in our life, I am proud to be a bitcoin earner.

JPage

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Bitcoin is useless by itself, because it is just a tool, like a knife or a gun. It can't do anything without people, who can use it wisely.

kyucryp

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I do not think so. Because the number of poor people in this world is very much and most of the people do not know about bitcoin. Bitcoin has not been able to change the distribution of the world's wealth. For example some people then get to know and work with bitcoin it will only change his life not all poor people his life will change. Bitcoin is only able to provide additional income to its owners to achieve financial freedom.

princeyeboah

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Quote from: HappyNonce on October 13, 2017, 03:48:44 PM

Does anyone have information whether bitcoin would distribute wealth more equally across people than the current wealth distribution?

Or would the distribution be even more unfair?

For an equal distribution of worth, i can say no because all of us cannot have in our possession the same number of Bitcoins in our wallet. Bitcoin offers financial satisfaction to the user because of its decentralized mode of operation. Users own total control over their transactions and experience no third party interruptions in transactions. For Bitcoin creating worth, it depends on the effort you put in place to get hold of some bitcoins and the patience you have to hold for a certain period of time to get much profit.

MiXxe

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I don't think bitcoin has something to do with the distribution of wealth in the world because it has not yet covered all countries of the world. But then, i believe that it has contributed to a sudden change of wealth distribution. However,for me it is not yet enough because there are also other factors to considers. First and foremost is the government and the large corporations in the world.

victoryana

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f the society does not use cash it will be difficult for the elderly or the backward farmers because they will not know how to use the card, digital currency can use cash by converting ey. Paper will have many ways of converting digital money into paper money for cash

BlackBeauty

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Quote from: campbell.box on May 08, 2018, 06:25:55 PM

BTC is designed to achieve the average distribution of wealth!

Mainly because the spread of the idea of BTC is too small, many people have not heard of BTC!

Now it is accelerating the gap between rich and poor, and those rich people are more willing to try to encrypt money, they have gained a lot of wealth! The rich get richer in real society!

Yes if people did not think about poor people and did not give them dome money to make their life easy so poor people will never become rich and distribution of wealth will never create in this world, so I think we should aware to people that they go to help for poor people and government should do something about this important way, but if bitcoin can do something so it will very good.

campbell.box

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BTC is designed to achieve the average distribution of wealth!

Mainly because the spread of the idea of BTC is too small, many people have not heard of BTC!

Now it is accelerating the gap between rich and poor, and those rich people are more willing to try to encrypt money, they have gained a lot of wealth! The rich get richer in real society!

Granxis

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Quote from: HappyNonce on October 13, 2017, 03:48:44 PM

Does anyone have information whether bitcoin would distribute wealth more equally across people than the current wealth distribution?

Or would the distribution be even more unfair?

In fact, we need very long discussion and research. First of all, we need to investigate people who have assets above 10 Bitcoin. A better interpretation can be made by distinguishing between countries and geography. My opinion is that people who are Bitcoin are richer, not just equally wealth.

inesterdd

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It is known that world wealth is distributed unevenly. 1% of the population controls more than 50% of the world economy.
From this we can conclude that the advantage of those who either "extracted", or bought bitcoins several years ago.

joebrook

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With the way that Bitcoin is at currently, I think we should forget about wealth distribution because it’s only the wealthy who are able to buy huge amounts of Bitcoins and this they seem to be the ones who are able to make even profits than the average people.

JPage

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It takes less effort and spent time to obtain bitcoin, and that is good, it’s like a part-time job.

Hypnosis00

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People that are super rich might abuse the power of bitcoin to give money, and that would really change the distribution of wealth. And perhaps you might say that with bitcoin, everyone can be rich or have a stable life, but now all has the access to bitcoin and that would make some people in the world left behind with the wealth that the ones that can access bitcoin has. People that are super rich will become even richer and the people that cannot access bitcoin will remain like what they are now.

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