Tag: wealthdistribution

Crypto Tax U-Turn Innovation Wins, Not Just the Rich

Crypto Tax U-Turn Innovation Wins, Not Just the Rich

Well, Congress just repealed a problematic crypto tax regulation. The knee-jerk reaction? Outrage. The headlines have been screaming about a $4.5 billion revenue loss over the next ten years. Accusations fly about pandering to the wealthy. But hey, let’s hit the brakes for a moment. What if this isn’t merely...

Initia's TGE: Will It Empower the 99% or Enrich the Few?

Initia's TGE: Will It Empower the 99% or Enrich the Few?

The promise of cryptocurrency has always been tantalizing: a decentralized, democratized financial system accessible to all. Again and again, we see Token Generation Events (TGEs) that benefit insiders to an extreme degree. Venture capitalists appear to come out even further ahead than the typical American in these cases. Initia is...