Post
Topic
Board Economics
Re: Do you think bitcoin redistributes wealth or just makes the wealthy richer?
by
wahyu wida
on 18/09/2018, 09:43:07 UTC
Just that... do you think there is any re-distribution effect at all due to bitcoin?

it depends on the capital you put in bitcoin, if you put huge amount of money invested, the ROI is bigger, wealth is not free, bitcoin does not promise us that if we do bitcoin, we are sure to get rich, wealth is dictated by how much we invested, it does not guarantee us sure wealth but the possible of being rich rather. bitcoin cannot re-distributes wealth to everyone.
many factors that influence to become rich in bitcoin. trading strategies, capital, and mental endurance. with a lot of capital but without being balanced with a good knowledge and mentality strategy, i think it will suffer a loss