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This phenomenon itself could be here to stay and even grow in the future if world GDP continues to increase. There's just less and less downward pressure on thi
by api 5y ago
This phenomenon itself could be here to stay and even grow in the future if world GDP continues to increase. There's just less and less downward pressure on things as the economy grows, less "natural selection" so to speak. Scammy or outright broken things can stumble along for a long time. Look at all the startups stumbling along for years and years with almost $0 revenue and a poor or nonexistent product.
I wouldn't have a problem with this if there wasn't so much inequality at the human level. A schoolteacher should not be struggling to pay their rent when obvious bullshit NFTs are selling for hundreds of thousands of dollars and startups with barely a product and no revenue are raising A rounds.