Re:Coinbase lays off around 1,100 employees
by selcuka on Tuesday June 14, 2022 @11:58PM
(#31748969)
> Money is how they measure glory, its how the competition is scored
They can still own the trillion dollar company for glory and fame; they just can't cash out.
Also I don't think there should be a cap, but the tax rate should go up indefinitely, causing diminishing returns for higher earners. I pay a higher percentage of tax if my employer pays me more, but I still prefer higher paying jobs.
There are people who are not motivated by money, but they’re not billionaires. They’re professors, priests, politicians, etc. Pope Francis has achieved more glory and fame than nearly any billionaire CEO.
Yes, the billions is hugely motivational to those who have them.