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jack | 7 days ago (raw) | root | parent | reply | flag +19
 ¯\_(ツ)_/¯ 
 Did you come up with that? 
 🖼️👏😃 
 Fund me 2m, you rebrand it

https://drive.google.com/file/d/1yfNJAUxtgPJ_Jb-2fDP6jh2k5B9FKidu/view?usp=drivesdk 
 OK, fine you win, we’ll make bitcoin the embedded currency, for scalability of the rest of the features. But the people who own so much of this bitcoin are going to have to buy into the network and start paying taxes, you can’t have a tax-free society. You have to deal with the issue of inequity, a value add disparity. You can near infinitely fractionate the amount of available bitcoin but you need to issue a UBI that can be borrowed against so all users can never be too big to fail, can never over barrow and bubble the system. This means you need to get everyone who owns a majority of bitcoin to agree to start a new bitcoin backed virtual government - total coup. A dilution majority have to be established essentially to form a collective trust that will scale the network overtime. I would think it would be easier from a governance perspective to have no one have power in the beginning, but I understand scaling is the top priority. Can power succession to the protocol be delivered by the elite in the bitcoin community??? Will the wealthy put their bitcoin where their mouth is?