Post
Topic
Board Economics
Re: Stable coin can solve poverty
by
Cryptock
on 22/05/2022, 14:08:47 UTC
Plan to solve
Create usd or other stablecoin like eur or why not gbp...
And make big airdrop.
So everybody will get nice ammount Smiley
And exchangers will pay apy like 40-50% to hold

Its instant plan to remove poverty you print money

That's not how crypto works. It will just ruin the whole economy because, to be honest, such a thing couldn't end poverty. There are lots of factors to be considered for us to end poverty and crypto alone couldn't solve that. That could be a temporary solution but the government also has to do its part. Airdrops can't make everybody rich.
I wish to witness good days. When no one would be worried about having bread on table.
But now a days - the things are way beyond having bread on the table. People have needs and wants which can not be easily met.