Well, I'm still a value capitalist till the deepest cell and the notions of income inequality is a vague statement. For example, we are in the Western world and some guys study and get into real high paid jobs because they sacrificed their youth and some other start smoking weed the whole day, drinking and wasting time getting shitty jobs and low income in the end. Is this income inequality? For me it is not as it is a matter of tough choices done by a group versus the other. I speak for the same starting conditions, not of different countries or anything else. Work and investment leverage needs to be done properly and the one who takes the risk and wins, shall not pay for the ones being a lazy couch potato. I admire your courage and risk taking for example. You moved to a new country, where the language is still far from your native one, you try to build up something, with your savings. Why do you shall pay anything for someone who does not want to put in any risk or any work?
Getting people out of poverty is a total different thing and yes it can. First, crypto can bring education and infrastructure where is needed. Imagine building schools and hospitals without any aid from government.I bet they would be run much more efficient.
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I was really thinking more about the later - charity to assist with the basic building blocks.
I don't want to be gifting someone a dollar a day to fund their weed habit!
Mind you if someone else chooses to use their stake to do that, that's their choice!
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Exactly, help the one who want to change and need that extra kick for it. Like this the world will be better one step at a time.
There is a German punk song saying, that is not our fault that the world is like it is, but it will be if it remains the same. Changing little by little helps.
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