Re:Coinbase lays off around 1,100 employees
by throwawayarnty on Tuesday June 14, 2022 @11:06PM
(#31748673)
This is a naive view of the world.
Most self-made billionaires in western countries exist because they have made something valuable that the public can’t stop buying or investing in. The public are just as selfish humans trying to do what is best for themselves, just like the billionaires.
Think of J.K. Rowling. She is a billionaire because parents are selfish and want to give their kids the best stories to read and watch.
Bill Gates made his wealth because people and companies wanted to use his software for PCs, and investors want a return on their stock investment.
Society can’t stop giving these modern billionaires money because what they have to offer is such a good deal.
The only way to make Bezos stop accumulating wealth is to have everyone stop using Amazon and sell Amazon stocks, which is impossible at this point.
Most self-made billionaires in western countries exist because they have made something valuable that the public can’t stop buying or investing in. The public are just as selfish humans trying to do what is best for themselves, just like the billionaires.
Think of J.K. Rowling. She is a billionaire because parents are selfish and want to give their kids the best stories to read and watch.
Bill Gates made his wealth because people and companies wanted to use his software for PCs, and investors want a return on their stock investment.
Society can’t stop giving these modern billionaires money because what they have to offer is such a good deal.
The only way to make Bezos stop accumulating wealth is to have everyone stop using Amazon and sell Amazon stocks, which is impossible at this point.