Post
Topic
Board Economics
Re: Stable coin can solve poverty
by
jostorres
on 22/05/2022, 19:44:12 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
But, I think printing much money is bad for one's economy. The more you think this helps the poor, the more the people can actually becomes poor because of this. It wasn't stable coin, not even cryptos that can help solve the poverty but it can be the government and also if people will work hard. When they work hard they will earn and then they will use these earnings on proper things like education, investment and savings. They also need to budget their money.

I don't think the lives of the people won't improve if they follow all of them but for sure it can since those things are already proven and tested by other poor people that are rich now. They are in fact the ones that educate us about this.