Post
Topic
Board Economics
Re: Do you think bitcoin redistributes wealth or just makes the wealthy richer?
by
Thumbelina1
on 09/02/2018, 17:36:55 UTC
Just that... do you think there is any re-distribution effect at all due to bitcoin?
Bitcoin cant be blame if everyone who are already rich gets richer and some people lives in the same way.The person is the one who creates his or her future.They are the one who are going to decide what kind of life and what decisions they are going to make.Like in selling bitcoins, if they seen its price good then they are going to sell it but if they have doubt then they will not.Wise decisioning is what needed.
But most of them are rich because of bitcoin and bitcoin is allowing them to have more income per day, a lot of investors are investing in bitcoin but for better result we will have to wait for the long time. Bitcoin is being use by a lot of people for different purposes as some of them are using bitcoin as a job and some of them are using bitcoin to get daily needs, some are using bitcoin to store the high income and capital as a saving so bitcoin can be used by many people for different reasons.