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RE: Proof of Stake Coins as (almost) free way to multiply your holdings.

in #mining7 years ago

Don't go off-track. Most of us here don't believe in kinds and queens, etc that's why we're here. I'm talking about universally stochastic system not economically.

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private property is passed down lmao. As private property becomes more concentrated, those "random chosen" few will become the kings and queens. By resetting with crypto all you are doing is a reset. You will just be choosing another 5 people to own half the worlds wealth. (Your kings and queens, otherwise known as business owners). (If you actually think crypto will help with the concentration of wealth at the top we have right now, you're delusional. )

also how about we have a system where people are rewarded based on skill, not how much they are able to exploit another person. Randomness doesn't change anything, especially when those who exploit people are able to use their stolen resources to steal even more and concentrate their power to survive the randomness by inflicting all pains of it on the workers and all gains to themselves.

At the end of the day those ruling class will die one day, and their children will die too and so on...but if a person decide to live happily s/he always find a way to make the best out of a situation regardless of difficulties & with no wealth.

so we should just let 20 million die of poverty a year and pretend they can just be happy? You are just delusional.

No, but you can't kill yourself over it but do whatever you're able to do.