Post
Topic
Board Altcoin Discussion
Re: Crypto Currency has theability to remove poverty.
by
Mezze
on 07/06/2018, 16:59:25 UTC
Crypto has gained a significant value in recent time. And I have seen some people who have been able to wash out their miserable by trading in crypto.  In this point I believe crypto has the value than can remove poverty from a country. What is your thought?? Have you seen anyone who have been rich by Crypto??


No. It doesn't work that way.
Money makes more money, If you're poor you'll stay poor because you don't have the money to invest. Every cent matters when you have a few $ in your pocket. If you invest them it'll be a too great of a risk but if you don't invest you can't make a profit.
Rich dudes, and those of us that aren't rich but we're not poor also, can invest their money without jeopardizing their basic needs.
Crypto is very volatile and risky and it's not poor-friendly.
BTC had/have a great idea about decentralization but in the end big money and whales control the money flow.