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RE: Crypto will revive Africa's middle class

avatar of @jerrythefarmer
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@jerrythefarmer
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1 min read

You know things are bad when people are prepared to sell their children's future for $6. Damn...

Btw I kinda believe that crypto will start changing this status quo fairly soon if we don't nuke down to zero. I'm guessing that food and housing prices are a lot lower in your area considering the vote value. This means that residents of countries that have more disposable income could pipe in some money for "cheap investments" through DAO funds and similar stuff.

To put it bluntly, it would probably take 10s of thousands of USD to set up a small farm or small business in the US while doing the same thing should come at a fraction of a cost in countries like Nigeria, right?

This would be considered as low-risk investing for the rich and a golden opportunity for the lower class meaning that we could (in theory) bridge the gap by simply providing equal opportunity and diverting a small portion of capital to those in need since most of it is unproductive atm.

So my question is, wen Nigeria DAO fund by Belemo?

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