how does Bitcoin heal the world if it can’t benefit poor people in the USA?
🇺🇸 Bitcoin is not a structural solution to poverty… it’s a parallel money system, not a redistributive one. (systemic economic problems like wage stagnation, healthcare costs…class inequalities)
Login to reply
Replies (1)
Because; if it stays decentralised and secure, then it brings about the first global, true free market that has ever existed. It’ll allow the benefit of productivity gains (from technology and innovation) to flow to everyone in the form of lower prices. It’ll reduce the monetary premium that realestate has attracted. It’ll incentivise cheap and renewable energy production.