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RE: The Elevator Race to the Bottom

in LeoFinance3 years ago

Wow.. I didn't know Vanguard and BlackRock had this much stake in practically every affair where the funds are.
The monopolization is real.

I hope the world can return to normalcy, where every part of health is prioritized. This Covid seem not to end and we can't keep on living in fear and having funds diverted for just it's prevention/cure.

That is where crypto and blockchain steps in, but don't expect that mass adoption is going to automatically lead to better outcomes, because it is going to depend on what we as consumers support and use - if we keep doing what we are doing, we will end up exactly where we already are.

Everyone wants something better until it's in their power to effect it and greed steps in.
A principle, set of rules sort of, which will not be compromised needs to be in place if such is going to happen because abuse is inevitable.

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They are everywhere and in everything - they are good at what they do. It doesn't make what they do, good.