1,885 karma · joined August 1, 2017
1. Loss aversion - You lose your bitcoin wallet you lose everything. You can't have that with large amounts of money or you'll bankrupt people.
2. Anonymity - Thieves can steal money, and to get it back you have to expose yourself and claim the money, if you're lucky enough to get it back at all. Governments can also very easily track users.
3. Decentralized - You have no one single person to punish when things go wrong, or seek help from. You're alone just like everyone else.
While hard work can certainly allow you to capitalize on opportunities that come along, you have almost zero ability to create opportunities yourself. My current economic status is exactly because I randomly received an offer and worked my butt off to achieve success. Someone I know who is just as competent as myself isn't nearly as successful simply because he hasn't had the same lucky break. Bill Gates and Steve Jobs both worked hard, but both had random chance heavily weighed by who their parents were at birth which allowed them access to computing in a way that wasn't generally available.
You keep talking globally without the valid counterpoint. You're mixing American taxation with global outcomes and saying because we have it better off it's not wrong. That's the functional equivalent of telling a person on a sinking ship that they should feel lucky they aren't drowning while you pass by on your yacht. You can always find someone worse off, but wouldn't it be more productive to build the pie by bringing up the bottom rather than pulling up the ladder behind you.
You again don't seem to understand facts. It's simple numbers. If money keeps pooling at the top democracy doesn't function, it functionally can't because of the power imbalance and we've seen it more than once in the United States.
Since you're asking personally questions I donate large amounts of my personal money because I know my station and came up from poverty, but my lack of hypocrisy isn't the point. The point isn't how much you give it's how much you have left after you've given. The United States is one of the most charitable countries in the world, however that means absolutely nothing because as stated prior, the people at the bottom no longer have the funds to go to the hospital. You seem to be woefully unaware of the reality in the United States, many Americans literally cannot or will not go to the hospital or an emergency room due to cost and a not insignificant percentage of those people either die or end up worse off because of it. Right now in the United States we have literally entire towns and cities that do not have access to clean, safe water, much less electricity and running sewage. Add to that infant mortality rates in the United States are worse than most other developed countries, economic mobility is currently anemic in either direction and has been since Ronald Reagan and nearly half Americans are one or two months away from a foreclosure and homelessness. Just what wonderland do you think most Americans are living in?
edit: For terrible, no good, horrible grammar.
Many internet sites do die all the time. New ones spring up all the time, but it seems to be the good ones that actually die and the garbage that continues to accrue. The reason that clickbait works is because it understand human psychology. I think that says more about humans than people realize.
I've never heard of a single Democrat for cutting public school funding in my lifetime. That's a far right talking point driven entirely under Republican doctrine since Reagan. The Republican party stopped being a sane party once Reagan came in. Democrats haven't had a spine or a heartbeat since Carter lost by being honest.
We do definitely agree on getting corporate and lobbying dollars out of government. I honestly can't believe that this is legal in a democracy and not illegal in the Constitution.
Despite the source the following breaks down the profit margins based on the telco's own information that they provide.
https://www.huffingtonpost.com/bruce-kushnick/time-warner-ca...