Monday, May 23, 2022

In a recession the best protocol is Proof-of-Income.

I hear a lot of talk about an upcoming recession…

.. and whilst plenty of data suggests this is increasingly likely, I’ve never witnessed mainstream society predict a recession. It’s much likelier no one will time it.

I also am hearing a-lot of folk talking about how they’d love to buy a house 50% lower, or 10k Bitcoin, $200 Ethereum etc.

In the event of a recession these prices may be possible but will you have an income to benefit? Recessions are nasty beasts and they hurt the poorest and most vulnerable the most.


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