Very good article. It seems your article touches alot on relative poverty and absolute poverty. So in relative poverty. You're only in a sense poor in comparison to someone else. For example.. today you may be considered poor for not having a refrigerator.

If you go back to the 1800's you may find even billionaires or multimillionaires of the time didn't have refrigerators. So the idea changes relative to others. Now here's the problem. We then cross a threshold of undeniable absolute poverty. That may include a person who doesn't or can't afford food, shelter or clothing, medicines and maintenance of personal health etc.,. When you see it you're pretty clear on what you're looking at. We call that " absolute poverty".

The concern is many experts feel we're moving ever closer to a state of neofeudalism or a more dualistic economy. What does this mean? It means that the lines of absolute poverty and those with money will ever so widen the gap. This is not healthy for any economy. In fact this is the sign generally of some type of collapse or great depression right before it happens. So you never want this. It's not economic prosperity or fitness of health of your system. Which is why we should be concerned and push for it not to happen. This should be one of our primary concerns if not the biggest concern because it impacts everything from health to crime to wars etc.,

This can result in a far reaching effect in both our standard economy and crypto economies. You see i have a different economic philosophy. I believe we should do all we can mechanically, directly and indirectly to stop these systems from forming. So my solution is i'm a basic income advocate to slow that process.

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