Reading through your post, it sparked the idea that in some ways, we have received a raise in our pay, indirectly. Many, most (all?) pension funds charge management fees. You're looking at an annual load of 1% or 2% on our retirement savings. If you add that up over a lifetime, it is significant.
https://www.nerdwallet.com/blog/investing/millennial-retirement-fees-one-percent-half-million-savings-impact/
Therefore, by having these crypto financial vehicles, especially stablecoins, that pay interest without any management fees, we are seeing massive returns over a lifetime. If 1% makes a big difference, then 10%, or even 5% is massive.
My thinking is that this offsets the stagnant wages a bit. But, of course, earning more is still preferable.
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It is enormous.
And this will be part of the next move as more investment capital arrives, as it will drive new business and business models, as well as create crypto employment. The competition on traditional job sectors will be for the businesses trying to find skilled employees, as all the good ones are earning crypto.
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