3 ms·
Sure, it's all on a sliding scale, but I think GP's point is the lines are blurring into insanity. At least a can of soup is a tangible object and is more "real
by spijdar 6y ago
Sure, it's all on a sliding scale, but I think GP's point is the lines are blurring into insanity. At least a can of soup is a tangible object and is more "realizable" to our beings than some information stored on a database in some FAANG datacenter. Depending on your perspective it's all ridiculous or all rational, but at least the can of soup can be interacted with "natively" by our bodies without needing a trillion dollar technology stack to even sense in the first place.
- Tossrock 6y ago"FAANG datacenter" really highlights the absurdity of including Netflix in the acronym - they have no data centers of their own, as they're built entirely on the AWS stack.
- panarky 6y agoOne share of GOOG stock is equally intangible. It may give you some theoretical infinitesimal ownership of the company. But since Alphabet doesn't pay dividends, there is zero cash flow. And it doesn't even give you the right to vote. There's no scenario where you can convert your share into physical assets of the company, or claim any portion of the future cash flows of the company. And unlike NFTs, a share of GOOG isn't even rare. There are 330 million others identical to yours. A share of GOOG is just an entry in an electronic ledger, and literally the only thing you can do with it is sell it to someone else. And yet people happily pay $2,100 for one, with no other objective than to resell it to someone else for more.