Re:Coinbase lays off around 1,100 employees
by Apocryphon on Tuesday June 14, 2022 @06:43PM
(#31746931)
Maybe I never weighed in on the question of whether there should be billionaires or not, but you have simply projected a strawman upon me, which is fitting because this whole thread was started because I said the aforementioned parable was a strawman.
Currently, gold retails at $1808 an ounce. So it would take over 15.6 metric tons of gold to be even worth a billion dollars. That is substantially more than an "old pile", and probably of historical worth, like contained in a ruined temple or wartime vault or something
Re:Coinbase lays off around 1,100 employees
by googlryas on Tuesday June 14, 2022 @11:06PM
(#31748674)
Sorry, it's hard to keep track of who believes what when I get multiple replies to my response to a single person, where there is no continuity of viewpoint between the responders. I don't think one can really have any kind of cohesive conversation that way because literally everyone is arguing something completely different. I just assumed you agreed with OP.
The San Jose galleon as I mentioned is estimated to have about $17B of gold on it. I don't think very much is going to change about the world when it is raised.
Re:Coinbase lays off around 1,100 employees
by Apocryphon on Tuesday June 14, 2022 @11:14PM
(#31748726)
Niels Bohr said, “There are trivial truths and there are great truths. The opposite of a trivial truth is plainly false. The opposite of a great truth is also true.” And indeed, every conversation is a web of many truths, all worth examining. Ponder upon it, and one day it shall set you free.
Re:Coinbase lays off around 1,100 employees
by googlryas on Wednesday June 15, 2022 @01:05AM
(#31749309)
Sure, but for now, the San Jose pretty fairly counts as an old pile
Re:Coinbase lays off around 1,100 employees
by Apocryphon on Wednesday June 15, 2022 @12:19PM
(#31755287)
And who knows what ancient secrets lurks within its hull
By this same standard, maybe Amazon is doing an immense service to humanity, and that is why so many people use the site daily, and actually enjoy doing so. So maybe Bezos should get to keep his billions as well.