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No. The optimistic view incurs opportunity cost: instead of attempting the impossible, something useful could have been done instead.
by marton78 6y ago
No. The optimistic view incurs opportunity cost: instead of attempting the impossible, something useful could have been done instead.
- qayxc 6y agoI see one little caveat with this argument, though: is it always known in advance that something really is impossible? As long as there's enough resources to go around to pay 8 figure meme-value dollar amounts for digital assets without intrinsic value, I think there's no harm in spending a fraction of that on possibly fruitless research.
- mrguyorama 6y ago> 8 figure meme-value dollar amounts for digital assets without intrinsic value The problem is the people who do that are hell bent against letting the government tax them to fund such research, so our research resources are immensely more constrained than they could be.