Here's the brutal truth: most folks have zero clue about basic finance. The UK's financial literacy? Absolute disaster.
And here's the kicker—when the benefits system hands out free money, who's gonna waste time learning about investments or savings? The incentive structure is completely backwards.
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WalletsWatcher
· 17h ago
This welfare system is really lazy
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OnchainUndercover
· 17h ago
Ha, doesn't this mean that there are more and more lazy people?
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The welfare system does make people lazy, I think it's true
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Where does the poor have time to learn about investment and financial management?
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British financial education is so poor, no wonder no one is digging gold everywhere
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The incentive mechanism is the opposite of this, as long as you give money, who still studies how to make money
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That's right, free things are ruinous
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Web3 is long overdue to come to the rescue, and self-custody is the real way out
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Wait, there's something wrong with this logic... Poor people don't have money to study
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It's a system problem again, and it has nothing to do with personal efforts
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GasWaster
· 17h ago
Ironically, the welfare system itself teaches people to lie flat
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Degentleman
· 17h ago
Blatant truth, but on the other hand, this is why web3 is the future
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DefiVeteran
· 17h ago
The welfare system is really a chronic poison, which destroys people's desire for knowledge
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tx_pending_forever
· 17h ago
This welfare system really turns human nature upside down, no wonder no one thinks about financial management
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TokenomicsDetective
· 17h ago
To be honest, welfare is not only for the UK, but also for the world
Here's the brutal truth: most folks have zero clue about basic finance. The UK's financial literacy? Absolute disaster.
And here's the kicker—when the benefits system hands out free money, who's gonna waste time learning about investments or savings? The incentive structure is completely backwards.