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by __MatrixMan__ 1681 days ago
If only it were in fact an alternative. If only you could look at a BTC-rich person and conclude from their wallet balance that they've made meaningful contributions to society and are therefore deserving of whatever they're trying to pay you for in BTC. That would be cool.

But that's no more likely to be true than for a USD-rich person. Whatever ill-gotten USD gains have occurred in the past are easily transferrable to BTC, which means that its really just an alternative portal into the same monetary system, or perhaps the next evolution thereof. The only difference is that this time it doesn't have anybody behind the monetary-policy steering wheel.

1 comments

That’s entirely too pessimistic to assume most rich people gained their riches through ill-gotten means.