Post
Topic
Board Economics
Re: Do you think bitcoin redistributes wealth or just makes the wealthy richer?
by
hispout
on 10/08/2018, 10:44:28 UTC
Just that... do you think there is any re-distribution effect at all due to bitcoin?
Yes I believe there is, but when there are rich people losing, there are also poor people losing. This is a game of luck and it is not meant to favor only a particular group of persons, either they are poor or rich… it can favor anyone at all. All it takes is just to work hard, although the rich ones seems to be controlling everything because they are rich and mainly it ends up in favor of them.