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This is how capital formation works. Innovation has never been a game of investing _precisely_ the amount of money needed to create the next invention. It's pre
by dereg 4y ago
This is how capital formation works. Innovation has never been a game of investing _precisely_ the amount of money needed to create the next invention. It's precipitated by people throwing way too much money at everything, hoping to get something.
Pretending like this is some unique feature of crypto is no less disingenuous than those who say that web3 is inevitable.