Does responsibility at the top really justify the rising inequality?

by Jul 13, 2020Thinking outside the bottle0 comments

disparities and inequality in payment - CR Sasikumar

Paulo Pinto

Alti Wine Exchange founding member

Dear reader,

When it comes to the economy, thinking about history often provides us thoughtful insights. That is why today I will be going back some centuries to debate the price of inequality and pay gaps.

During wartime in the XVI and XVII centuries, permits were given to certain fellows to legally steal, fight, or sack cities of the enemy. They were called privateers. The legendary pirates.

Back then – as now – they had to give a chunk of the proceeds to the government, of course.

To make a long story short, this was business open for private investment.

One could invest in a ship and a captain, and if they were successful at stealing booty, investors were entitled to a piece of the action.

* * *

More below. But first…

Alti Wine Exchange is offering to white label its infrastructure to accredited wine dealers to let their clients invest in fine wine.

By reaching wine brokers, Alti Wine Exchange intends to bridge the gap between the current wine ecosystem and the developing financial market in fine and rare wine.

Alti is confident in the relevance of the service provided given the perfect synergy between their underlying market ready ecosystem in the physical world of wine and creative implementation of blockchain technology, to create a unique order book for the wine industry and the more innovative financial markets.

The platform allows to bring together wine brokers who want to liquidate their holdings or looking to diversify their portfolio, in a secure and transparent way.

Alti Wine Exchange is lowering the barrier for fine wine investment in a novel way, resulting that you do not need to be a high net worth individual to trade fine wine efficiently.

Summer is coming – and things really do not look promising

 

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