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RE: Viewly ICO Starting - Decentralized Youtube Made by Furion from STEEM!

in #ethereum7 years ago (edited)

The thing about moving from a centralized economy to a decentralized one is, only the rich can make money.

Does anyone have any solutions to this problem? Because the way I see this going is, only the rich can afford to invest money on ICOs hence ensuring their participation in the future economy, while the poor and middle class will remain out of this economy in the beginning, and by the time they join, everyone else would already have made money.

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Budget, budget, budget, budget, budget, budget, BUDGET!!!

True intelligence makes best use of time, energy, resources. You don't need Big Macs. You don't need the nicest shoes. You don't need the Luxury addition car. What you do need is good money allocation towards commodities, or what-have-you, that have the best chance to multiply your wealth and, therefore, free up some of your future time to focus on the next things on the priority list.

BUDGET!!!

Technology and communication have become so advanced and quick globally where humanity can experience new themes of rules and systems. We invented smart technology in every field and it is not stopping any time soon. It is time to invent smart rules and regulations. What I mean by that is self aware regulations or I like to call it, living regulations that has its own conscious. I will give an example. Tens of years ago some organizations, companies and political parties had been established. Some lasted for few years some for few decades and some still exist today. The survivals have one thing in common; the ability to adapt and change to a degree was not imaginable by the founding peoples of that organization or company who have died long time ago. Survival entities have some intelligent and flexible rules that allowed for gradual change for the benefit of itself.

I agree with everything you said, but I'm talking about the problem of Wealth Distribution that the central banking has created.

I will make a detailed post about it later maybe.