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RE: Crypto: The Dawn Of The Single Greatest Wealth Transfer In The History Of Mankind...?

in #crypto7 years ago

The problem with your logic is that you are not taking into account that concentrated wealth is by itself corrupting to the human psyche. So your "new elite" of "misfits" will soon become the new "sociopaths". They are not going to share the wealth any more than the last group did. The only way to change this is a 100% inheritance tax so wealth cannot concentrate across generations, recycled into a lifelong UBI for every child born (a birthright), operated by a transparent smart contract, opted in by the bulk of humanity, until the collective wealth of that blockchain overpowers the wealth of the elite.

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