At the peak of the Gilded Age in 1910, the richest 0.00001% of the US population owned wealth equal to 4% of national income.
Now, the richest 0.00001% owns 12%.
US billionaire oligarchs today are even wealthier than the original robber barons.
Source: https://t.co/qOjOvUIRRc
@samuel_leeds He regularly says he’s not against rich people or capitalism, and constantly offers the solution - higher taxation for the *incredibly* wealthy (1%) in order to sort the distribution problem we have - that money is not flowing in the economy for regular people
📢 @dfinity keeps operating at full throttle
Internet Computer just logged ~90M transactions in a single day, marking its strongest daily activity in over a month
Sustained throughput at this level is what real, production-scale blockchains look like
📊 https://t.co/wjnSkkqGXP
Unless you’re on a bumper salary, it’s more or less impossible to pay off your student loan under the current system.
It’s therefore essentially just a graduate tax BUT only for graduates whose parents aren’t rich enough to pay for uni fees and accommodation.
🚨The $ICP new whitepaper shows how they plan on dropping inflation by 70% in 2026 as part of MISSION70.
📉 44% from cutting rewards
🔥 26% from more people actually using the network
Inflation goes from 9.72% → 2.92%.
'You're paying £100s a month, and your student loan is still going up?' - @SophyRidgeSky
‘Yes... as it stands, I will still be paying back this loan when I'm in my 50s' -Graduate Eloise Burns
This has got to be fixed
Student loans is a tax & theft. Forced to pay 9% of your earnings over 25k which is not a graduate wage & you will never pay it back because of the interest. Effectively those who dont have wealthy families to pay it back quickly will forever earn 9% less. Its theft & a scam
This seems largely positive to me. 8 year gang means nothing if the project tanks with no adoption bc of bad tokenomics.
Reducing inflation is critical, bc price *does* matter in crypto adoption unfortunately.
You'd rather have less ICP worth more, than more ICP worth nothing.
The way this is worded is fucking diabolical. He did not “make a racist comment” he sang hitler youth chants, relentlessly bullied Jewish and non white classmates and would consistently claim hitler “was right”
Nigel Farage is a fascist and always has been.
JUST IN: @DFINITY ( $ICP ) leads the DePIN sector in every major social metric. No. 1 in posts, No. 1 in interactions, No. 1 in social dominance.
The community momentum is real and growing fast.