Post
Topic
Board Economics
Re: Do you think bitcoin redistributes wealth or just makes the wealthy richer?
by
authorfriendly
on 16/01/2018, 23:22:42 UTC
Until people learn how to buy bitcoin, many middle or lower class Americans will assume that it is "too expensive" so, in America, no. It is, however, true that for rural parts of many third world countries it may eventually enable the small scale entrepreneur, especially if we make a deliberate effort to foster it as micro-loans, etc.