Re:Charlie Bit My Finger video to be taken off YouTube after...
by randyrand on Wednesday May 26, 2021 @01:53PM
(#27293823)
the wealth is just transferred. not used.
You should be concerned about where society consumes resources. labor. concrete. gold. machine time. These things, in a given year, have limited supply.
You should not be very concerned about society consuming dollars - which is impossible to do (apart from burning it or fed decisions). Dollars are often a useful proxy for resources, but are not intrinsically linked. In the case of NFTs, the stock market, etc, they don’t consume as many resources as the large dollar figures would imply.
Yes there is some electricity use, I know. etc.
Point being, a wealth transfer does not consume resources. Carry on.
You should be concerned about where society consumes resources. labor. concrete. gold. machine time. These things, in a given year, have limited supply.
You should not be very concerned about society consuming dollars - which is impossible to do (apart from burning it or fed decisions). Dollars are often a useful proxy for resources, but are not intrinsically linked. In the case of NFTs, the stock market, etc, they don’t consume as many resources as the large dollar figures would imply.
Yes there is some electricity use, I know. etc.
Point being, a wealth transfer does not consume resources. Carry on.