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> I think it is unfair to label a platform with a two hundred dollar entry barrier as an equalizer. Even in poor areas, lots of people are walking around with
by epicureanideal 5y ago
> I think it is unfair to label a platform with a two hundred dollar entry barrier as an equalizer.
Even in poor areas, lots of people are walking around with iPhones. $200-500 gadgets are not out of the range of poor people. That works out to less than a dollar a day.
One time amortized expenses aren't that much of a barrier, from what I've seen. The real barriers the poor face are things like high rents, high medical cost, high cost of education, etc.
- wpietri 5y agoAbout a quarter of the world's population lives on less than $3.20 per day. [1] $200-500 is a lot of money to billions of people. [1] https://www.worldbank.org/en/news/press-release/2018/10/17/nearly-half-the-world-lives-on-less-than-550-a-day https://www.worldbank.org/en/news/press-release/2018/10/17/n...