Most of the world's money is owned by a small percentage of people. STEEM is one of the factor that will change it

in #blockchain7 years ago


Piramide above visualize money of only 0.2% of the global population. It's overwhelming, and the rich get even richer, $20.6 T has been added to their pockets in the past 7 years.

It is hard to create environment with fair initial distribution, but it is even harder to even out the differences when you dont have fair evironment, and people who owns the most cannot be controled by others.

But there is solution, it exists, it is working and we are part of it, steem is one of the factors which will make money distribution more fair, switching from proof of money to proof of brain will have a lot of impact on the future. Companies think that they own us, they own our attention and they can have it for free. Companies are wrong and i feel that there is nothing that will stop that upcoming blockchain change.

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Hi @whd. Steemit is there, many people can make money for a cup of coffee, especially in Aceh and Indonesia. But for those who are already rich, do not be surprised they will get richer. 👍😁

An issue of wealth distribution is much more complex that one may think. Cryptocurrency without some global systemic change can achieve very little. We are effectively talking about 4 Billion people to whom we should address the solution, but creation of welath is not only determined by the currency but often by pol the political situation.

look like a pramid

I agree our current system is broke. I have only been on steemit a few days. It is a great crypto and I am looking forward to the future.

Block chain and decentralization changed the life and future of our generation and probably the ones that are coming. Empowering the people instead of the big companies is the most valuable thing and we can all develop ourselves and grow at our potential. Technology is the future of everything and it is the only way the most common things are enriched and made better. And what a good thing to be part of this movement of this revolution as we each take part on instead of the rich companies.

I'm excited for the future. It's important to move ahead, prepared with eyes open.

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