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Consider that the Information Age has made actual financial work vastly less expensive (computers, spreadsheets, digital communication, etc.) while at the same
by baddox 7y ago
Consider that the Information Age has made actual financial work vastly less expensive (computers, spreadsheets, digital communication, etc.) while at the same time the finance sector has grown to be a much higher portion of the economy (in GDP). There could be a plausible explanation, but it certainly seems fishy.
- chrisco255 7y agoDo you know how many more financial abstractions exist today than 40 years ago? That being said, I fully support moving 90+% of financial activity to smart contracts.