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How do you obtain 1 btc if you are poor? Doing work for well-off holders? Sounds identical to regular life and inequality is baked in
by MrMan 6y ago
How do you obtain 1 btc if you are poor? Doing work for well-off holders? Sounds identical to regular life and inequality is baked in
- Geee 6y agoSmallest unit of bitcoin is satoshi, which is 0.00000001 bitcoin. Everyone can earn that. And yes, you have to work to earn it, but it won't lose value like regular money. Which means that the value of their work doesn't vanish.
- tw600040 6y ago//And yes, you have to work to earn it, Like how all the existing owners earned it?
- Geee 6y agoCurrently we're in a price discovery phase, so those who take the risk can benefit more. This phase will end soon though, and the price will stabilize. Everyone still has to buy it for the market price, as no one gets it for free. Also, most of those who got in early, have sold already.