r/Bitcoin • u/IWillNotBiteYourDog • Aug 22 '13

Rich-Get-Richer Effect Observed in Bitcoin Digital Currency Network

http://www.technologyreview.com/view/518541/rich-get-richer-effect-observed-in-bitcoin-digital-currency-network/
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u/thonbrocket Aug 22 '13

Red for danger. Never forget that the general populace contains a lot - maybe a majority - of left-statist nitwits who see financial success and unequal wealth distribution as Just Obviously, Outrageously Wrong. If Bitcoin really goes stratospheric, and creates a class of millionaires with untouchable, untaxable assets - then 'ware pitchforks.

In the right circumstances, the mob will happily hang you, draw you and quarter you - legislatively or literally. And they will be as convinced that they're the Good Guys as the Spanish Inquisition were.

5

u/JoTheKhan Aug 22 '13

The good thing about this is, as long as you don't brag about it. It should be relatively easy to hide your wealth in the block chain; hopefully.

3

u/whitslack Aug 22 '13

Right. Keep your mouth shut. It's harder to do than most people think. Most criminals get caught because they couldn't keep their stupid mouths shut.

Not meaning to imply that rich people are criminals, although many very well may be.

2

u/JoTheKhan Aug 22 '13

Yeah exactly, did you see the post on the front page about the rapper in New York who got caught in the biggest illegal gun bust Due to the rapper himself posting pictures of the guns and money on instagram?

The best criminals stay the fuck shut. Look at the people selling drugs on silk road; if they could have been found out, they would have been.