The things that are _good_ for the poor and downtrodden tend to be _even better_ for the powerful and well-connected, so it's not really possible to help the former without helping the latter even more.
Most people would probably just prefer to keep everyone down, rather than have to suffer the rich getting richer. This is, after all, the appeal of socialism. But it is also untenable, to stretch this financial inequality out further and further. At some point, the societal bands break and the economy collapses.
Hard money doesn't end this effect. It might actually compound it, as only the rich can then get credit to make investments, and you need a certain amount of wealth to purchase things that allow you to be more financially efficient.
Even Bitcoin is like this. Some people reject it because buying it invariably makes the larger hodlers richer. You gain purchasing power, but the people who have more Bitcoin take a cut off your gains, in addition to receiving the same gain.
The poor will always be with you.
Laeserin
npub1m4…jc2jl
2026-01-12 14:01:56 UTC
Author Public Key
npub1m4ny6hjqzepn4rxknuq94c2gpqzr29ufkkw7ttcxyak7v43n6vvsajc2jlPublished at
2026-01-12 14:01:56 UTCEvent JSON
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"content": "The things that are _good_ for the poor and downtrodden tend to be _even better_ for the powerful and well-connected, so it's not really possible to help the former without helping the latter even more.\n\nMost people would probably just prefer to keep everyone down, rather than have to suffer the rich getting richer. This is, after all, the appeal of socialism. But it is also untenable, to stretch this financial inequality out further and further. At some point, the societal bands break and the economy collapses.\n\nHard money doesn't end this effect. It might actually compound it, as only the rich can then get credit to make investments, and you need a certain amount of wealth to purchase things that allow you to be more financially efficient.\n\nEven Bitcoin is like this. Some people reject it because buying it invariably makes the larger hodlers richer. You gain purchasing power, but the people who have more Bitcoin take a cut off your gains, in addition to receiving the same gain.\n\nThe poor will always be with you.",
"sig": "b7c8a6800de892f1bb2fa69807fa32e884bb64db5c386ed857a35ddd3f569e066c89a455e96303b8aa66df3293065a7b6dce4bd67f3e6b1bac01fb8996799716"
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