I had an interesting conversation today with a friend who doesn’t like Bitcoin. He posed a difficult question.

How will #bitcoin solve the “Monopoly Problem”?

In the board game, one person ends up having all the money.

And it seems there is game theory to back this up… in situations like this, with enough time, someone (or thing) owns everything.

Since #bitcoin is decentralized (which I love) there is almost no way to regulate that.

What if in the future one malicious man (because people with that much ambition often have dark-tetrad qualities) or, even worse, a government owns everything?

That would eliminate competition and the free market. We’d all be living in a “Potter’s Vill” that we can’t escape from!

Has anyone thought about this and has a good solution or answer?

#asknostr