RE: Can Crypto help solve the world's income inequality problem?
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First of all, I don't think 20%, HBD APY is bad, and you don't compete or compare your profit with someone else's profit, just buy as much as you can, in my opinion.
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Your post is about the distribution of wealth. One of the interesting aspects of the blockchain is that it provides a mechanism for analyzing this distribution. There is a fixed number of wallets and people can study the distribution of a coin.
For example, Hive Engine Explorer provides a richlist for each token. You replied on Leo Finance. Here is the richlist for LEO
Personally, I think that people should look at the richlist for their HIVE engine tokens. The LEO richlist is relatively well distributed. This means that there is a better opportunities for the public at large to participate in LEO than say the TIX. TIX has a shallow rich list.
Analyzing the distribution of a token is different from comparing oneself to others. The distribution of a token shows how the token is being used.
Geek Girl has been publishing a richlist for HBD savings.
The list shows that HBD is top heavy.
You should be worried about HBD because HIVE guarantees the price of HBD with HIVE. Most of the HBD interest will be converted into HIVE.
If you studied monetary history, you would find that "stable coins" and pegged currencies have a long history of swamping monetary systems.
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I see your point now.
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