We have massively inverted incentive structures with easy money in our economy. There's so much money sloshing around that speculation wins so much more often than true innovation or value.
I don't think the billionaires we have now would exist under a Bitcoin standard. That is, billionaires who have made their money through the attention economy and surveillance capitalism (Zuck), government contracts and subsidization (Musk), rampant consumerism of cheap shitty goods (Bezos), etc.
David
npub1mcn…wtll
2023-08-12 18:07:45
in reply to nevent1q…g8mm
Author Public Key
npub1mcneaunh0n9qy54sse0vr06nwhejzghumfjlmu3r54ugwx83qhlshqwtllPublished at
2023-08-12 18:07:45Event JSON
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