Re:US weighs Google break-up in landmark antitrust case
by JumpCrisscross on Thursday October 10, 2024 @01:29AM
(#41795827)
> Corruption on the highest levels is very similar. Not everyone is on the buyers club
This is unfalsifiable. To the extent electeds can be bought or lobbied, it's on the fringes--they didn't know about crypto and now they do and have a mildly favourable view towards it instead of not giving a shit. Certainly not around something involving the DoJ.
The naïve view is electeds in America can be bought and sold like a Patek Philippe. You can just buy one of those, for the simple reason that there exists a secondary market. Power, on the other hand, is perishable. Go back to Bankman-Fried's downfall and note how many people thought he had banked favours with his cash. (I sometimes think he thought he bought favours with his cash.) That isn't how D.C. works. It isn't how power centre works. Power is personal and perishable, and that makes it unique in comparison with the things we usually trade money for.
This is unfalsifiable. To the extent electeds can be bought or lobbied, it's on the fringes--they didn't know about crypto and now they do and have a mildly favourable view towards it instead of not giving a shit. Certainly not around something involving the DoJ.
The naïve view is electeds in America can be bought and sold like a Patek Philippe. You can just buy one of those, for the simple reason that there exists a secondary market. Power, on the other hand, is perishable. Go back to Bankman-Fried's downfall and note how many people thought he had banked favours with his cash. (I sometimes think he thought he bought favours with his cash.) That isn't how D.C. works. It isn't how power centre works. Power is personal and perishable, and that makes it unique in comparison with the things we usually trade money for.