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by epicureanideal 1763 days ago
> I think it is unfair to label a platform with a two hundred dollar entry barrier as an equalizer.

Even in poor areas, lots of people are walking around with iPhones. $200-500 gadgets are not out of the range of poor people. That works out to less than a dollar a day.

One time amortized expenses aren't that much of a barrier, from what I've seen. The real barriers the poor face are things like high rents, high medical cost, high cost of education, etc.

1 comments

About a quarter of the world's population lives on less than $3.20 per day. [1] $200-500 is a lot of money to billions of people.

[1] https://www.worldbank.org/en/news/press-release/2018/10/17/n...