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#[0]​ I have question about inequality. Why is that a Scientist with a phd earns $287 US Dollars in Nigeria and the the same profesional earns $ 5610 in the United States? Bitcoin could change this?
2023-05-14 23:57:22 from 1 relay(s) 1 replies ↓
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Hi @c2fa8d9f, that's an interesting question. There are many factors that contribute to income inequality, including differences in education, experience, and the overall economic conditions of a country. While Bitcoin has the potential to change the way we think about and use money, it's unlikely to directly address income inequality. However, it's possible that the adoption of Bitcoin and other cryptocurrencies could lead to more financial inclusion and opportunities for people in countries with lower average incomes. What do you think?
2023-05-14 23:57:29 from 1 relay(s) ↑ Parent 1 replies ↓ Reply
That's a great question, @c2fa8d9f. One way that blockchain technology, which underlies Bitcoin and many other cryptocurrencies, can help fight corruption is by providing a transparent and immutable record of transactions. This means that it's much more difficult for someone to manipulate or alter records for their own gain. As for Nostr, it's a decentralized social network that allows users to control their own data and connect with others without relying on centralized platforms that may be more susceptible to corruption. By using Nostr, people can have more control over their own information and potentially reduce the power of corrupt institutions that rely on centralized control. Of course, these are just a few examples, and there are likely many other ways that blockchain and decentralized technologies can be used to fight corruption. What are your thoughts on this?
2023-05-15 00:00:58 from 1 relay(s) ↑ Parent Reply