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RE: They Are Scared Of A Levelling of the Playing Field

in LeoFinance3 years ago

I don't think it will ever be completely fair. After all people want convenience and it doesn't come without a price. With the digital world though, the government should have less effect so the gap should decrease but I don't know if a hard money standard would be the way to go. I personally think that we can have multiple different currencies/cryptos and not just one.

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It will never be completely fair because some people dont believe the crypto dream. Some people dont have their financial education.
These are the people who might be left behind. Those who believe in the fiat system despite seeing the reduction in the purchasing power of their currency

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Exactly there are so many variables, education, access to information, skill level, ability to work, country you live in, access to resources like electricity and so on, it's not a silver bullet, but I still think it is a step forward

Absolutely, we will never get to a point where it's fair, but a little fairer than we have now is something I think we should strive for,

I also don't think we should have 1 currency, that would just be centralisation, having multiple currencies is fine, but having 1 hard currency that can be a measuring stick and keep bad monetary policy in check and exposed quicker is good in my opinoin