Not saying the poor stay poor. Saying fiat is bad for them as
- they have no access to investments and keep the little they have in cash
- they have no access to credit
Then a lot of them get out of poverty through wages cause obv there is a generational and immigration aspect to it
But let’s say that for the bottom 80 pct of pop in terms of wealth fiat is bad, as it makes it more difficult for them to save and incentivizes to consume
edouard
npub1d0…c5c5w
2023-10-30 06:31:22
in reply to nevent1q…rq22
Author Public Key
npub1d0usdfqjjl4zulexrkulx6t2898g6rwntmdlqduq9v9xjv79gzrsgc5c5wPublished at
2023-10-30 06:31:22Event JSON
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