I know there are people who have managed to live from their income here, but with the current price that will be harder. For some in places like Venezuela any extra income can make a difference. Hive can empower people, but it does take work to do well.
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Where I live , people can survive for 500 HIVE a month .
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Is that in India? I wish I made that much. That's maybe £150 and that might just cover my food for the month. I suspect only a few people on Hive make that much.
Yes this is in India .
India is very diverse , in metro cities we would definitely need more HIVE per month but where I live ( suburb ) 200$ would suffice since cost of living is very less.
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Cost of living can vary a lot. I hear of places where people just make a few dollars each month, so Hive can make a big difference. Here in the UK things are pretty expensive, but Hive can still give me a nice bonus.
Very true . The problem I have seen with low income earners is that they don't have enough time for skill development at all .
Say construction workers or cab drivers , they work all day long and still earn only so much to support themselves and their families . They don't get time to develop any other skill to shift the job too .
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That's part of the 'poverty trap'. It's not just about working harder to improve things.