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RE: Leo Talk 7/08/21 - Come Join Our Chat

in LeoFinance4 years ago

As suspected, the rich keep getting richer. And we all know who they are. Hopefully in the years ahead crypto can level the playing field somewhat.

https://finance.yahoo.com/news/super-richs-wealth-concentration-surpasses-gilded-age-levels-210802327.html

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I think crypto will level the playing field since people will have access to capital outside the current system. But I am wondering if every single country will be as harsh as China in promoting their CBDCs.

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These people make a shit ton of money even when the whole world is dealing with a pandemic. The top 1% own the majority of wealth and that's what crypto is going to change drastically in a few decades maybe. It might happen sooner than we anticipate.

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Very true. In fact the list would be hard to formulate as some of the rich guys in crypto would have their balances encrypted.

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The pandemic was really nice to those guys. Most of them saw a huge increase in their fortunes

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