I mostly agree, but extreme income inequality could lead to them being turned into serfs by the wealthy buying up resources and forcing them to pay exorbitant prices for goods. Same as now, really, just a different currency.
This is the horror scenario, for me. That we all went through so much effort and end up where we started.
oh I see the concern, especially if the serfs are subject to usury on their fake money granted to them by the overruling lords who hoarded the hard money out of sight and mind.
I was thinking about the contrast of locking Bitcoin away forever with establishing foundations with wealth.
This may be unfounded conspiracy, but let's just say for example: in the early part of the last century, the Carnegie Foundation helped standardize medical education under the preview of the American Medical Association. That served to remove a lot of snake oil salesmen, as well as homeopathic doctors. The American Medical Association oversaw who was allowed to practice and conveniently cigarettes were advertised as even good for you...
so while I appreciate the Carnegie libraries, I'm worried about the zombie foundations by which well-intentioned dead donors could be piloting civilization
Bitcoin scrip, yeah, and you can only spend it at the company store. And another Soros or Kellogs foundation, but with Bitcoin.
Or buy up all the fresh water rights and then demand exorbitant fees in Bitcoin, for access to drinking water.
😂 That wouldn't work without the state declaring the stuff that falls from the sky theirs, which I suggest everyone ignore anyway...
There is no reason to assume that the wealthiest Bitcoiners will not align themselves with the state.
There is no guarantee of anything, except that there isn't the manpower to control everything everywhere.
Yep. Looking at moving a bit further out myself. I’ve never lived inside a city or a town but that urban sprawl catching up to me.
Yep, it does that, when someone figures out why people move away from things & then build the very thing they moved away from, let me know... 😂
They need to figure it out. They’ve basically turned this half of the county into urban sprawl for the state capital across the river and in the next county over the past 40 years.
Is that like the time some transplant from Pennsylvania was running her mouth about how she couldn’t believe we were all against paying higher slightly property taxes and a slightly higher county sales tax to improve the schools because they aren’t adequate and we didn’t know what high taxes were. Even with the increase they wouldn’t be anywhere near what she was paying in Pennsylvania.
Lady we’ve built a dozen schools in this district the past 25 years over people moving in. We didn’t need all that before you moved here. Want to know why there isn’t enough infrastructure and the current tax rates don’t allow for improvement? Look in the mirror. Nobody asked you to move here.
Then we’re the bad guys for asking if she needed help moving back to Pennsylvania since she apparently doesn’t like it here.
They can have the dry stuff, I've all but given up on it, when the last few ties are gone I'm seabound.
