Post
Topic
Board Economics
Re: Is it true that 80% of the world's wealth in the hands of 20%?
by
DrBeer
on 11/02/2023, 11:37:09 UTC

Just think about the reasons why so many governments of the world are against cryptocurrency.


You are correct that crypto currencies can potentially play an important role to address issue of unequal distribution of wealth by empowering individuals to take control of their own wealth and financial future. However, there are challenges associated with the with the use and regulation of these technologies that need to be carefully considered and addressed. It is important for individuals and communities to have their voice heard and advocate policies and technologies that can benefit society at large. Raising awareness about benefits of adopting these technologies can help in  building momentum on governments to consider them a viable option.


This is a fairy tale... A kind but naive fairy tale about universal equality. As much as you would like, but cryptocurrency will not change the standard of living of anyone. Cryptocurrency is no different from fiat currency in terms of its distribution and "availability" for everyone.
I will prove it very simply, and you will do it yourself if you answer my question Smiley
Tell and describe the processes that will take place in the community if tomorrow we replace fiat currencies with cryptocurrencies? In relation to reality, please? Believe me, even while writing and thinking about the answer, you will understand how "fairytale idea" this is ....