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In order to maintain its value (reputation), the amount of currency rewarded to an individual needs to be proportional to the amount of economic value produced
by cryptica 6y ago
In order to maintain its value (reputation), the amount of currency rewarded to an individual needs to be proportional to the amount of economic value produced by the individual.
If any group of people gets too much easy money, it will cause inflation in the price of whatever goods or assets these kinds of people normally buy.
People who receive money too easily lose respect for it because they eventually realize that the game is rigged in their favor.
People who work too hard for their money eventually realize that the game is rigged against them and it's easier for them to play a different game (e.g. Crypto).
The most rational people realize that capitalism needs an even playing field in order to work properly.