Unfortunately, the second option becomes more and more difficult for most people. With increasing costs of living, saving enough money for investments often times seems impossible.
Re:The Problem with Ethereum
by jkhdigital on Wednesday August 11, 2021 @07:00AM
(#28140503)
> use savings to become a asshole landlord
Being an asshole is not a requirement for landlords, nor is it exclusive to them. Oppressed workers can be assholes too!
Re:The Problem with Ethereum
by dragonelite on Wednesday August 11, 2021 @07:27AM
(#28140670)
An oppressed class has every right to be a asshole.
workers cycle: Commodity(labor) -> Money -> Commodity(food, housing bills)
Capitalists cycle: Money -> Commodity(means of production) -> Money(profit/surplus value)
At least that is the bit that kind of sticked to me and made me realized in the west you want to do the second cycle. Earn money by selling labor, live life as a cheap ass for a while use savings to become a asshole landlord.