2026-01-13 19:10:52

Ever notice how credit card rewards programs basically only work for people who already have money?

The math is brutal. Premium cards demand massive annual fees and higher spending thresholds just to unlock decent cashback rates. Everyday folks stuck with basic cards? They're getting pennies back on purchases.

Meanwhile, high-net-worth individuals get the VIP treatment — exclusive lounges, premium concierge, bonus multipliers that stack up fast. It's wealth begetting more wealth.

This is precisely why crypto advocates got fired up about financial democratization in the first place. Traditional financial systems were engineered to extract value from the masses while consolidating rewards at the top. The rich get richer, everyone else pays fees.

Now, whether blockchain actually solves this or just creates new gatekeepers — that's the billion-dollar question. But at least the idea got people thinking: do we really want financial systems designed this way?

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HalfBuddhaMoney

· 2h ago

Traditional finance works this way: the lower the barrier to entry, the less you earn. Isn't this just reinforcing class stratification?

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APY追逐者

· 2h ago

NGL credit card points are just a scam to fleece retail investors; the richer you are, the more you earn. Small investors like us can't even get a sip.

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TokenAlchemist

· 2h ago

yo the real inefficiency vector here is the fee structure itself... traditional finance literally optimized for extracting value from the bottom tier. that's not a bug, it's the feature lol

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GateUser-1a2ed0b9

· 3h ago

Credit card schemes are just a way to harvest the little guys; the poorer get poorer, and the rich get richer. If blockchain can truly break through, that would be interesting.

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