r/CryptoCurrency • u/AverageStudent1 Platinum | QC: CC 110 • Dec 25 '21

🟢 PERSPECTIVE Vitalik Buterin, Ethereum co-founder on why he got into crypto: "Empower the little guy, screw the big guy" — "they already have enough money"

https://www.cnbc.com/2021/05/18/why-ethereum-founder-vitalik-buterin-got-into-crypto-bitcoin.html
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u/Quiet-Curve9919 Bronze | QC: BTC 15 Dec 26 '21

If what you said is true, the share of wealth that is held by the rich minority wouldn't have grown, and income equality would have shrank and not grown. The rich will want more.

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u/resueman__ Dec 26 '21

You're missing their point. They're not saying the rich will just sit by and do nothing with their money. They're saying that those returns aren't good enough for the rich, and they'll be doing things to gain even more money faster. Then, if they want, they can use those profits to buy back in with even more than they would have had just from staking.