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RE: Can Crypto help solve the world's income inequality problem?
25
@yintercept
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1 min read
I suspect that the income inequality with crypto will be worse than that with fiat. HBD provides a great example. Last month just 8 accounts received over half of the HBD interest. I think that the HIVE witnesses are better than most of the crypto witnesses. Somehow they are not only willing but seem eager support the stupid idea of 20% interest.
While there are a few crypto millionaires, I suspect that most retail investors will end up losing money on the enterprise.
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