Do Not Blame Bitcoin, No Government Want To Make Its Citizen Millionaire
Just listened that UK new pm has increased the wages of UK employees a few cents per hour, Laughed. When the wages will be small, how you may claim that bitcoin may hit $100K or even a million? People only invest a portion of their money in Crypto, And the government pays a very small amount around $11/per hour. Can this small amount make bitcoin to hit over 100K or a million USD?
If these governments want to make their people rich, they could increase their wages to upto 10 times, around $100/per hour. When wages will be high, more amount of money could be invested in Crypto.
I hate this, even programmers are forced to work in less budget. When dollars and other currencies are free to be printed and their value will not be reduced even if they are printed a lot more, then which ant is enforcing and stopping the governments to force their employees to work in a low budget?
I would like to answer in general, if they increase the salary of workers, the company will be force to increase the price of their products and services and this will bring inflation, I am not that good in economics, but the company can keep up with the rise of employees rate, so they will just get the increase on the rate on their products and services.