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March 27, 2018, 03:27:59 AM |
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Cryotos and bloclchain technology is not some physical infrastructure that is build over some slum, or by destroying a forest, or making people leave their houses. Its an innovative technology based on the internet itself. It realy have no direct effects on the lifestyles of poor as u asked. While the bloclchain and cryptos have been extensively famous in recent times, a concern over getting rich very quickly has arisen among people. This can be one of the indirect effects on the poors. Those who are completely unaware of the whole thing have not seen any difference. But those who have little knowledge about cryptocurrencies have mistaken it to be a chit-fund scheme that would simply make them rich in a stroke.
This has made many people sell their assets, houses, and many othet possessions just to buy bitcoins, thinking it will bloom tomorow and they will suddenly become millionaires. This must be the immediate but indirect effects of cryptos on such people. Lack of adequate knowledge is to be blamed for this.
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