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"Poverty" is not about how much money you have, income or wealth. The only reason money matters to poverty or to human well-being is when that money can buy som
by fennecfoxen 5y ago
"Poverty" is not about how much money you have, income or wealth. The only reason money matters to poverty or to human well-being is when that money can buy something meaningful. If we find we are able to forget this, it stands as a testament to the remarkable stability of modern fiat currency.
Marking arbitrary large numbers in digital ledgers, blockchain or otherwise, does not cause prosperity. When everyone has infinite money, no one has any money at all, they just have their things.