Early Crypto Access: Ethics and Effects on SMEs
The cryptocurrency world has a dark side. Early access to investments can lead to huge benefits for a small group of investors, which raises some serious ethical concerns. One striking example is that an astounding 27% of Bitcoin is controlled by just 0.01% of holders. This kind of wealth concentration makes traditional financial inequalities look minor. Not only does this limit market entry for most people, but it also exacerbates social inequalities. It makes you think about what justice means in the crypto economy.
At the same time, cryptocurrencies promise to bring financial inclusion. Yet, some underserved communities have a hard time breaking through due to things like regulatory uncertainty and price swings. So, while the dream…
