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RE: Tokenization Showing How Exclusive The Present Financial System Is

in LeoFinance3 months ago

Yes, the whole accredited investor thing is massive discrimination against the less well off and perpetuates wealth gaps.

Poorer people have only government approved lotteries with a 1 in a million chance of getting rich.

Rich people have early stage startups and tokenised assets that have around a 1 in 20 chance of making them much richer.

Its immoral and unfair.

But Whiskey is a very poor investment.
Whiskey production is massively capital intensive (including need for large amounts of land with only one use - peat bogs) and has a very long timeframe from investment to return.
It is a classic case of misallocation of capital in times of very low interest rates.

There is going to be a massive Whiskey bust.