Post
Topic
Board Economics
Re: Speculation or global welfare?
by
Insanerman
on 04/11/2018, 00:49:25 UTC
In the meantime, the hype for bitcoin as a speculative asset isn't waning, so in the short-term we'll see it mainly as an investment vehicle and not an actual tool for liberating the woes of the financially oppressed people. Perhaps it will never alleviate the weight of poverty to these people, but it can still help redistribute wealth in some other ways.
Well, people who are financially oppressed will stay the same if they still do not realize the importance of this newlyfound technology. I have seen a lot of people who does not care about the technology especially the crypto space and the blockchain technology.

What will happen to these people if those big guys/ investors, company are now taking part in the economy alonside with blockchain technoloy. The people who are lazy to educate themselves will be the biggest loser.