The point is that it's made a group of people that are already generally rich, richer. If it made a group of Indian women it would be marginally better as there aren't as many rich Indian women as there are rich white men.
Either way, I think the bigger point is that it's made a small number of people very wealthy.
Aside from the fact that "white men" isn't a meaningful "group of people", the majority of people who became rich from crypto were not rich to begin with. In the early days, it was mostly nerds, programmers and young people who became interested in the technology. VCs and wealthy investors were relatively late to the party.
A lot of "sound money", goldbug types got in early like Trace Mayer and Max Kaiser and SV guys who had a lot of time on their hands because they were rich from some earlier Internet thing, like Richard Heart and the Winklevosses.
I'd be willing to bet crypto has made more Indian women rich than all the silicon valley startups combined. So its probably a move in the right direction?
olalonde|4 years ago
newacc9|4 years ago
ricochet11|4 years ago