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A comment on Peter Thiel’s fund wound down 8-year Bitcoin bet before market crash. Parent comment

Re:Peter Thiel’s fund wound down 8-year Bitcoin bet before m... by eldritch_4ier on Thursday January 19, 2023 @03:59PM (#34445530)
This is obviously not true. If there was no new wealth in the world than there was 50 years ago, we wouldn’t be so much more well off despite have billions more people.
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Re:Peter Thiel’s fund wound down 8-year Bitcoin bet before m... by darepublic on Thursday January 19, 2023 @04:06PM (#34445620)
It's definitely subjective. I.e. if we harm the livability of the earth to create new tech saying there is more wealth is not false per se but based on your pov
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Re:Peter Thiel’s fund wound down 8-year Bitcoin bet before m... by WeylandYutani on Thursday January 19, 2023 @05:41PM (#34446696)
That's just humanity being parasites. Apparently the only possible growth we can come up with is population increase.
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Re:Peter Thiel’s fund wound down 8-year Bitcoin bet before m... by inawarminister on Thursday January 19, 2023 @06:24PM (#34447080)
Population increase came after we unlocked unprecedented, crazy growth.

The industrial revolution demographics might be an interesting read.

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Re:Peter Thiel’s fund wound down 8-year Bitcoin bet before m... by wmf on Thursday January 19, 2023 @04:06PM (#34445616)
New wealth is being created in the world but not by crypto.
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