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RE: To what extent can blockchain and crypto tackle income inequality and poverty?

in LeoFinance3 years ago

I don't think crypto can tackle income inequality but it can help get people out of poverty globally through their meaningful engagement. I don't believe so much in charity as well, although it does have it use. And what better way to be charitable than using crypto. This way you ensure your donation reaches those it is intended for

Income inequality or gap is kind of difficult to tackle as people with financial advantage will always leverage on it. The rich will keep getting richer but with crypto, the poor can get rich.

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Well said!

Pretty much how I would have articulated some of that second half had it not just been a brain dump!

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