Minimum wage laws are incredibly cruel.
They basically ban the most vulnerable and unskilled from being able to make money at the rate the market will pay them.
At best, they drive up prices so that everyone else is worse off.
Minimum wage laws are incredibly cruel.
They basically ban the most vulnerable and unskilled from being able to make money at the rate the market will pay them.
At best, they drive up prices so that everyone else is worse off.
It is simple. The elite need the poor. Human history has shown this. Crypto can change this. That is why they are all so afraid. Or want to take it over to keep the norm
Crypto also provides a great opportunity to earn.
Imagine being a forum/Discord/Telegram mod for $5/hr. on the weekends.
If you moderate 6 different ones simultaneously, that's $30/hr. But it would be illegal.
Well ya. Same here on InLeo ;)
Well not the same as on InLeo but you get the idea ;)
Yep!
Imagine the case in countries where %50+ people live on minimum wage...
Yeah. You plunge them into subsistence farming and other abject poverty.
At worst, they take away what little income entry-level, disabled, or elderly employees had, while making tech companies rich that can provide cheaper automated solutions.
The value of human labor is declining.
Few seem to have a problem with spreadsheets like Excel even though they disrupted the bookkeeping industry.
Standards of living keep increasing yet people choose not to see it.
True.