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I was thinking, maybe the problem of redistribution is truly more of a technical problem rather than a philosophical problem.

In other words, wealth is centralized because technically speaking, there simple haven't been other models that made it more decentralized.

I mean, in pratice, for wealth to be truly decentralized (or more redistributed) there will have to be more non-zero sum games/systems (markets, companies, countries, etc, etc) where everybody wins. And that's not a trivial job. It's inherently complex, because true value is inherently complex. And as we know Bitcoin is clearly one of those systems/games.

Bitcoin is a non zero sum game where EVERYBODY wins. The wealthy and the poor. That's truly absolutely incredible.

And definitely not trivial. There's many other of course, but Bitcoin is currently one of purest forms of those systems. It's a phenomenal investment.

#bitcoin #nostr #economy #politics #technology #philosophy

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Discussion

rfc 1y ago

Redistribution is definitely a technical problem like you say. We have never achieved a fairness anywhere close to Bitcoin before now.

The centralised method help us get here in the first place, but it left place for greed to grow and flourish. I assume this maybe be where the philosophy comes in.

CitizenPedro 1y ago

Exactly. I fully agree! I think it's clear we need source of truths (for anything/everything). Source of truths are inherently centralized (to a degree of course). To a degree of course because if they're too centralized they eventually collapse.

rfc 1y ago

I like to think of it in terms of a foundation. So long as we all work on a solid and incorruptible foundation, then there is always a common truth we can trace back to.

There is a place for centralised things in the world, and that’s fine, but the foundation cannot be like that.

Thats kind of the root of why Bitcoin excites me so much.

nerd2ninja; ©️📺 1y ago

Looks like you're gonna end up going down the "resource based economy" rabbit hole at this rate.

BitcoinStu 1y ago

wealth does not need to be decentralized. It simply needs to flow from net consumers to net producers. That way, those who serve society are rewarded and those who predate upon it are punished.

Bitcoin facilitates this by preventing the most powerful people, who are the biggest net consumers on Earth, from stealing the wealth from the net producers.

"Fair money" does not mean everyone has a bunch of it. Fair money means it flows to those who provide goods and services that society wants, and flows away from those who do not.

CitizenPedro 1y ago

Sure, flowing and being decentralized is the same thing in this case in my perspective.

Bitcoin might become the best property in the world and thus become the only real flowing channel we need. But that doesn't mean that there shouldn't be other flowing channels.

Because to your point, one of the challenges is defining who's the producer and the consumer. It always was and always will be.

In other words, I think the company model will also evolve. Ownership models will probably evolve everywhere. It seems inevitable. And I believe that just like Bitcoin the most win-win-win ownership model will win. Bitcoin is a non-zero sum game. Thinking in producer vs consumer is a kind of a zero sum game. The non-zero sum games will always be better than zero sum games. In other words, the win win win model.

ede3d957... 1y ago

In Bitcoin everybody loses their privacy.

ede3d957... 1y ago

There's no fairness in equality as we are all different and go through different experiences. There is only fairness in a leveld battlefield. Bitcoin and Monero do not change inequality but they make the game equally accessible for all.

CitizenPedro 1y ago

Nobody is arguing for equality. A win win win model, or in other words, a non-zero sum game, is not equality. It's a game where everybody can win the more you use it (it's Bitcoin for example).

Bitcoin is a non-zero sum game. Because the more people use it the more useful and valuable it becomes.

The current capital system not so much for example, because most people usually don't have a way to benefit from the amount of capital (or concentration) in the world or in somebody's hands. With Bitcoin we have. Everybody has.

Bitcoin might be the only thing we need to create worldwide opportunity. But that doesn't mean people can't try to create other things for that purpose. That's my only point. :)