Re:Edward Snowden Slams Sam Altman's Worldcoin: 'Don't Catal...
by wyager on Thursday October 28, 2021 @09:25AM
(#29025821)
> Sure. Net of assets minus liabilities.
Uh huh… and how do you calculate the values of these subterms? You told me you could calculate a number, not an expression with free variables doing all the work.
> It's not scarce, you can just build up.
Building land is not cost effective. Economists say land has an “essentially fixed supply”, cf analysis of Georgism.
> It's a currency somewhere but real estate is a currency nowhere like gold.
Bitcoin is a currency in El Salvador. More to come.
> I don't really care why we got where we got - the result is better
Uh huh… and how do you calculate the values of these subterms? You told me you could calculate a number, not an expression with free variables doing all the work.
> It's not scarce, you can just build up.
Building land is not cost effective. Economists say land has an “essentially fixed supply”, cf analysis of Georgism.
> It's a currency somewhere but real estate is a currency nowhere like gold.
Bitcoin is a currency in El Salvador. More to come.
> I don't really care why we got where we got - the result is better
https://wtfhappenedin1971.com/