Interesting, so let's review:
- The poorest 50% will be one of the biggest winners, but only in adoption countries.
- Next, the Swiss will not need to make the change, unfortunately I don't know much about Switzerland..
- This executive order includes introducing an asset class. This greatly narrows it down, as there are not very many asset classes.
Conclusion
We are on a pro blockchain site, so you must be talking about BTC or some other type of cryptocurrency.
It's often sited that the un-banked poor have much to gain from honest accounting and transacting from their phone.
As I stated earlier I'm not familiar with Switzerland, but a quick google search suggest they are pro-cryptocurrency and could be an early adopter.
My only other guess, is that the Swiss put their biggest asset, the Swiss Franc on the blockchain and it become the world's reserve currency, which would explain clue #2.
But no losers? Come now @SwissClive, EVERY transition has winners and losers!
The magic solution has nothing in particular to do with crypto or Blockchain. It’s a great idea to crypto the Swiss franc, but that isn’t related.
Concentrate on why the poor benefit. What does a poor person have that a well off person may not have as much of?
Ha, this sounds "magical" alright.
Hmm, I've definitely been poor before... I can't think of anything I had more of then than I do now. Maybe hair! lol
Do the Swiss all have hair?
Is hair an asset class?
Did the Swiss vote for Universal basic income?
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![basic-income-cropped-2.jpg(
I seriously have no idea. :/
The Swiss voted against the Universal basic income. It will be interesting to find out how the swedish experiment worked. It is just ending now.
No, I was not talking about a univeral income.
It’s not hair either. I don’t think poor people are more hairy than the rich.
Here’s another clue: The poorest 50% have a lot (as a percentage of their net wealth), the next 40% have a little, the richest 10% have a lot as an absolute number. The poor wish they could get rid of it, the rich would like to use more of it to further enrich themselves. The middle 40% advise against having any.
DEBT
Bingo!
Are you suggesting a DEBT jubilee?
Definitely not a debt jubilee. Then we would have losers. You watch when it happens. The world will dance for joy.