Post
Topic
Board Economics
Re: Do you think bitcoin redistributes wealth or just makes the wealthy richer?
by
deppil
on 18/09/2018, 01:44:12 UTC
You have a point in saying making wealthy richer because they can able and easily do mining, investing, trading and gambling. But it's depends on the person on what the status of their life in accessing bitcoin.
Yes but who does all that mining, investing, trading and gambling? Maybe with the exception for the last activity, it is largely done by the wealthy of this world. Which proves the OP point, the resistribution will be very minor.
It can be both. many of my friends who have economies are not very good before. but with their perseverance and skill in making
profits in crypto investments make them rich now. come on. we know that crypto gives big profits to anyone right