Bitcoin Forum

Could Cryptocurrency be the answer to income inequality?

well completely, no!
but it can help to do it in big ranges from society to countries and different regions by slowly removing fiat that is easily can be manipulated by banks and then using hardware and software solutions to make transactions and profitability of each individual faster and easier.

It could be extra source of income but for now it's too hard to level up

B пepвyю oчepeдь этo пpopывнaя тexнoлoгия, a пoтoм yжe вce ocтaльнoe!

Definitely not. Income inequality is a direct consequence of the existing economic system and cannot be eliminated without replacing it. Cryptocurrencies may help a few to climb out of poverty, but in general they are just another tool for the rich getting richer.

Well a No..For now it is an opportunity for everyone.

cмoтpя чeм ты зaнимaтьcя xoчeшь)) ecли фepмa cтoит тo бyдeт дoxoд,бayнти ж дpyгoe нyжнo дeлaть и paбoaть)

I don t think the answer is yes or not because it depends by the use that you make of crypto
There are interesting blockchain projects that want to bank unbanked people around the world like Airtoken if I remember well
And certainly in some cases is free digital money if you know how to exploit the opportunity to buy coins or get some airdrop....
But if you mean free money for everybody the answer is no. People have to study understand and do something of value to suceed in crypto

आपण अनुवाद विचार करता?

I don't think so, because you need to invest first to gain profit. More you invest, more likely your income will be higher. Thus, again, rich people can become richer if trading cryptocurrencies right, and poor people (who can't afford trading or mining) will stay on the same level. Otherwise, i don't see any other way that can balance income inequality anywhere!  :-\

I hope so. The good thing about it is that you don't need a degree to trade, just simply buy a gift card, trade it using Paxful.com and earn.