What is Nostr?
Ronin
npub13th…wvcs
2024-06-28 23:21:15
in reply to nevent1q…cedv

Ronin on Nostr: I think it all comes down poverty and being unable to basic living conditions and to ...

I think it all comes down poverty and being unable to basic living conditions and to provide to their family so this people become very vulnerable to be exploited just for some money or just because they have no family security. Bitcoin fixes many of the root causes of poverty and mostly done by governments themselves like currency debasement (inflation), stealing people's property and savings with some shaddy laws, this all also leads to corruption and failing of institutions like justice, it leads to and overall degradation of the social trust and order. We can see this in some countries. An example it comes to mind to me is normal people, many mothers in Latin America that are vulnerable and can't provide for their kids, and are lured into drug trafficking just for a few dollars, then they get arrested and then their children get even more vulnerable. If people are getting their savings, property and work being stolen, and financial inequality rises due to the nature of fiat and then corruption, then everyone will disregard laws and take more risks to get what they need and crime goes up and victims go up.
Author Public Key
npub13thhtj384uq2dacvzjr94efgvrxdcd50geyecl8kkg6jkzd8p86sgtwvcs