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FAPcoin endeavours to implement the Ethereum platform in building a blockchain based Adult marketplace for both physical and digital products and services ranging from Online Video, Webcam Models, Adult merchandise, Subscription related products and services to mention just a few.
Traditional payment processors like Pay Pal have historically discriminated against the porn and adult entertainment industry.
Cryptocurrency is a “cash in hand” monetary instrument where rightful owners in possession of the currency are the only ones who can spend it.
Adult payment processors like CCBill and Epoch charge up to a whopping 15% fee on every transaction.
The World Inequality Report 2018 is based on an interactive collection of data compiled by an international team of researchers that includes renowned economists Thomas Piketty and Emmanuel Saez.
The authors of the report said the data it analyzes were collected from a wide range of government sources over 15 years.
One of the goals of the study was to push governments to be more transparent about financial data to ensure that debates over inequality and the policies that affect incomes and wealth are well-informed.
Most pass-through income flows to richer taxpayers.
"It's pretty clear that it would reinforce the rise in inequality," Zucman said.