The Real Class War
Virtually every problem listed in this article is solved if bitcoin continues its historic rise - and yet you mention bitcoin on hacker news and you&#x27;re down-voted to oblivion, it really is unbelievable.<p>The &quot;Elites&quot; are getting richer because capital is being used to accumulate more capital through dividends on stocks and revenue producing assets. The only reason money is being funneled into these assets is because they have the best return on investment, period. Money goes where it can get the best return.<p>The script gets flipped if that asset is a hard, un-inflatable asset like bitcoin with a built in scarcity mechanism.<p>Bitcoin doesn&#x27;t have a dividend, if you&#x27;re part of the 0.1 percent you can buy a ton of it, but in order to realize any gains you have to sell it and if you can&#x27;t replenish it you&#x27;ll have to go back to work to earn more.
Of course all of that is in theory, a lot of the truly rich people in this world have income producing businesses and other assets aside from stocks but you could argue that that&#x27;s a lot better than money simply producing more money.<p>The world desperately needs bitcoin to succeed.