Bitcoin Might, in Fact, Be the Great ‘Equalizer’

Bitcoin Might, in Fact, Be the Great ‘Equalizer’

The findings related to income levels, while interesting, aren’t as pronounced as the other two. What’s more, the geography bit is tied to the income/wealth bit. In short, the report suggests higher-income people buy for investment reasons (make money, diversify, etc.), and lower-income people buy bitcoin for utility reasons (easy way to send money, to purchase goods).

Originally Posted on: https://www.coindesk.com/business/2022/06/05/bitcoin-might-in-fact-be-the-great-equalizer/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: George Kaloudis

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