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A comment on The Bitcoin Whales: 1,000 People Who Own 40 Percent of the Market. Parent comment

Re:The Bitcoin Whales: 1,000 People Who Own 40 Percent of th... by moduspol on Friday December 08, 2017 @11:23AM (#15879783)
> Anyway, I think most Libertarians would be cool with a handful of ultra-wealthy, because they really think they can conquer the market someday and be one of them.

The existence of ultra-wealthy people isn't inherently bad.

The question is about the alternative. If everyone's quality of life improves (including relative to the ultra-wealthy), I'd rather that happen than reduce everyone's quality of life out of a sense of "fairness."

Claiming most libertarians act against their own interests because they think they can become ultra-wealthy is straw-manning the view.

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Re:The Bitcoin Whales: 1,000 People Who Own 40 Percent of th... by metalliqaz on Friday December 08, 2017 @01:08PM (#15880578)
That's a good point, but I don't concede that improving fairness makes the quality of life worse for the 0.001%. Their wealth far exceeds their ability to consume it. With a small shift, you can drastically reduce suffering without effecting their life in any perceptible way.
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