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RE: What is the difference between stock and cryptocurrency?

in #crytpo6 years ago

@mvaisberg this is a very good point. I do not believe that everybody that is poor is going to become rich with cryptocurrency. Of course the rich are going to invest and become richer but it does give opportunities to people a little less fortunate. They may never be in the top 10% but they might be able to afford nicer things. Some poor villages in some developing countries have actually put their funds together towards bitcoin and have actually sustained an adequate income for their community. So yes you are right there will always be an imbalance, without at imbalance money wouldn't be worth anything at all. Perhaps I did exaggerate a little but only to make the point, that Crytpocurriencies are going to have a serious impact on the world and I think we both agree on that!

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