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But all of these people make significantly larger sums than any average person. And, for sports stars, they make lots of side-money via endorsements. To reiter
by yunohn 6y ago
But all of these people make significantly larger sums than any average person. And, for sports stars, they make lots of side-money via endorsements.
To reiterate my earlier points, none of them are doing this due to dilution concerns; rather the usual crypto speculation to cash out massive gains.
This neither fixes nor mitigates any sort of wealth inequality.
- wufufufu 6y agoWhat happens to wages when the QE occurs? Nothing, they stagnate. What happens to real estate and securities? They skyrocket. I don't care if it's cryptocurrency that we end up using. As long as we can pay people in some kind of security that cannot be inflated, then wages cannot be silently garnished via inflation.