Re:El Salvador to airdrop $30 in Bitcoin to up to 6M citizens
by rocqua on Friday June 25, 2021 @08:00AM
(#27629653)
If you convince them to move to the country / spend more time there, then they will spend more of their money in your economy.
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Re:El Salvador to airdrop $30 in Bitcoin to up to 6M citizens
by NicoJuicy on Friday June 25, 2021 @10:26AM
(#27631153)
You just explained the trickle down fairy he mentioned :)
Re:El Salvador to airdrop $30 in Bitcoin to up to 6M citizens
by rocqua on Friday June 25, 2021 @06:57PM
(#27637276)
Trickle down works for immigration. Immigration is not even close to zero sum. For wealth re-distribution within a country it starts of zero sum. And indeed, putting all the wealth concentrated does not help the poor.
Making the wealthy wealthier without taking from the poor will help the poor some. Moreover, it will help the government a lot more.