Image by Ja

Wealth distribution.

By Jandmade | Jandmade | 2 Jul 2020


One of the ideas related to cryptography in its economic plane is the distribution or redistribution of wealth. But is it really a utopian theory or is it a possible future reality? Theoretically cryptocurrencies can lay the foundations for it to be possible: decentralization, P2P, the limited amount of tokens or crypto (in some cases) are methods and processes that can help reduce the inflation generated by the fiat and may even favor not to increase the economic gap between different social classes or countries (something very remarkable in some cases). But although there are examples that can support this, today that distribution of wealth is still more theoretical than real. Whales, large investors, administrations or banks are well aware of the increasing use and possible economic benefit that cryptocurrencies are having. Those great fortunes that are the ones that increase the economic difference, are also the ones that could turn the theory into tangible reality. Far from doing so, they continue to increase their capital while the inflation of lifelong money makes the world poorer. Perhaps the balance resides in inequality, or that the new "normality" is the beginning of redistribution .... who knows?

How do you rate this article?

2


Jandmade
Jandmade

I'm a professional illustrator. More than 30 year experience Based in Galicia


Jandmade
Jandmade

I am a professional illustrator with proven experience in different fields of plastic arts, creativity and design. Interested in art in the world of cryptocurrencyies.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.