Home » Poems » Christopher Westra » Wealth Gap - Bitcoin Poem 046

Wealth Gap - Bitcoin Poem 046

When fiat money is printed freely
   Certain groups benefit more than others
      Wealthy people who hold assets tend to
         Reap the benefits as their assets increase
            In proportion to the new money, while those
               Who rely on fixed incomes or savings lose
                  Much of their purchasing power and wealth
                     Therefore
                  We need a money where people can trust
               That their money will retain or increase in
            Value and purchasing power.  This money
         Will help the poor save with confidence
      For themselves and also their children
   Leading to a brighter future for every
Person, when saving with Bitcoin

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Daniel Turner

Date: 2/27/2023 12:59:00 PM

You have expressed you views very well, Christopher. It's true fiat currencies are out of date but major changes will have to be made before we go to bitcoin. The gov has invested too much on currency to sweep it out the door. I'm certain one day it will happen but probably not in my lifetime.

Christopher Westra
Date: 2/28/2023 8:08:00 AM

What's cool is that it is happening right now. The government doesn't have a say. Well, IF they got hard core they could slow down adoption, but could not stop it. That's why I'm an advocate, we want enough people who understand it that they won't fight it openly. There are several Bitcoin proponents in Congress. Senator Lummis is the best.