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by hyprCoin 3071 days ago
http://english.hani.co.kr/arti/english_edition/e_national/73...

> Low-income South Koreans are finding it harder and harder to rise to the middle or high-income classes through their own efforts and abilities, a recent study shows. Just two out of every ten households saw their economic status rise through increased income and assets over a three-year period, the findings indicate.

Crypto provides an alternative economy where class mobility isn't broken in the same ways. Youth will continue to flock to it until the local economies sort themselves out.

1 comments

I wonder if young folks in the same situation in America are doing the same thing.