RE: Tokenization Showing How Exclusive The Present Financial System Is

avatar

You are viewing a single comment's thread:

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.



0
0
0.000
0 comments