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A comment on Coinbase lays off around 1,100 employees. Parent comment

Re:Coinbase lays off around 1,100 employees by californical on Tuesday June 14, 2022 @10:07PM (#31748341)
It may not change his lifestyle, but it’s still a motivating achievement.

If a world-class marathon runner is 4 minutes ahead in a race, and can see the finish line, do they start walking? Or do they try to push themselves even harder to see how much more they can win by?

People are competitive, and are always motivated by achieving “more”, even if it doesn’t change the outcome for them. Does society benefit by billionaires pushing for more? I’m not sure, but I don’t think that the answer is clearly “no”.

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Re:Coinbase lays off around 1,100 employees by Johnny555 on Tuesday June 14, 2022 @10:16PM (#31748387)
So then, just like a marathon, instead of a timeclock to beat, the government can have an agency that tracks lifetime wealthy -- then the wealthy can brag over who would have had the largest pot of gold if they didn't dispose of the money immediately for tax reasons.

Does society benefit by billionaires pushing for more? I’m not sure, but I don’t think that the answer is clearly “no”.

I think the correct question is "Is there a net benefit to society", not any benefit at all.

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Re:Coinbase lays off around 1,100 employees by Aeolun on Wednesday June 15, 2022 @09:01AM (#31752263)
In the end it comes down to me feeling like I can achieve a larger positive effect for society by keeping my money.

Especially past 100M

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