The problem isn't a low minimum wage. The problem is inflation. Let's say you make $10 an hour and there is 50% inflation. That gives you a 50% pay reduction in buying power. People will go on strike because they think their wage is too low, when really inflation has eaten their paycheck.

But let's say you make $10 per hour and then there is 50% deflation, which means you just got a 50% raise in buying power terms. The people would go on their merry way and not likely strike because their wages are continually getting stronger, not weaker.

Certain people will go to the government and companies to fix the inflation problem thinking it's a wage problem, but it's not. It's inflation because of a debt system. The dollar and fiat isn't primarily a money system. It's a debt system.

That's why Bitcoin is so powerful, because it deflates forever, making everyone who participates in it richer.

#Bitcoin