Re:SpaceX wants to launch 100k more Starlink satellites – fo...
by digitaltrees on Monday July 13, 2026 @01:55PM
(#48896303)
Compounding interest means assets are accumulated and concentrated. At a certain point a tipping point is reached a it’s no longer possible to buy assets. No Russian serf was ever going to have upwards mobility.
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Re:SpaceX wants to launch 100k more Starlink satellites – fo...
by scotty79 on Monday July 13, 2026 @03:07PM
(#48897279)
Sure. But that's the result of the fact that the way money is set up, it "likes" if you acquired it earlier rather than later.
Let's naively assume that money is a reward for doing a good thing. It might be beneficial to more highly reward people who did the good thing sooner rather than later. So it's a reasonable mechanism having undesirable side effects because it's not tuned correctly.