Bootstrapping a new cryptocurrency where 90% of the coins go to relatively few early adopters is the worst possible way to fix financial inequality.
The crypto holders would love if the world switched to using the cryptocurrency they’re invested in because it would make them extraordinarily wealthy relative to the average person buying in late.
I don’t understand how anyone can honestly suggest that a gradual changeover to a specific cryptocurrency would be anything other than disastrous for financial inequality.
The crypto holders would love if the world switched to using the cryptocurrency they’re invested in because it would make them extraordinarily wealthy relative to the average person buying in late.
I don’t understand how anyone can honestly suggest that a gradual changeover to a specific cryptocurrency would be anything other than disastrous for financial inequality.