Post
Topic
Board Bitcoin Discussion
Re: Be careful what you wish for, it might happen
by
lionheart78
on 13/07/2022, 18:59:00 UTC
Inequality growth is indeed universal and will never change but I’m just afraid some of the inequalities will grow since blockchain is all about removing the middle man and this middle man (government) is currently protecting the weakest ones. Dont see them grasping opportunities now to be honest. Could be wrong its just a feeling.

It's great you have a great Government there in the UK but the thing is each country has its own leaders.  Often times the supposed to be weak-protecting government chooses to protect those who amassed great wealth.  One of example is the labor contractual system where employees are changed or have to renew every 5-6 months removing several benefits that a permanent employee has. Aside from that, my government is unable to solve the problem of telecom monopolization and electrical overcharge where the electric company charges their users for generation loss.  

Again I dont know anybody that ever had issues with a bank. Over here nobody is refused a bank and most transactions are free of charge. Instant payments in Europe : faster and cheaper compared to Bitcoin. Probably not similar in the whole world but thats my personal experience

It is rampant in a developing country, I am one of those who were declined by the banks due to not having a steady source of income (was a free agent before I found out about Bitcoin).