Re:Cryptocurrencies add nothing useful to society, says chip...
by nightski on Sunday March 26, 2023 @03:52PM
(#35318815)
Because capital is necessary for growth and the more expensive capital becomes the less growth is anticipated.
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Re:Cryptocurrencies add nothing useful to society, says chip...
by kiviuq on Sunday March 26, 2023 @04:23PM
(#35319158)
We've seen a lot of growth over the past decades, so it should be easy to retire at 30, but we're being told to work longer, be more productive, and die sooner. So where is that all growth? something doesn't add up.
Re:Cryptocurrencies add nothing useful to society, says chip...
by everfree on Sunday March 26, 2023 @06:28PM
(#35320324)
> So where is that all growth?
Is that a rhetorical question? It flows to the 1%. Current levels of wealth inequality are unprecedented in American history. We work hard to support the lavish lifestyles of the rich.
If we could combine today's technology with 1970s levels of wealth equality, we could probably retire in 1970s level comfort by the time we reach age 40.