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the entire language used here, from altruism, to value, to efficiency makes no sense in a world that isn't scarce. You don't need efficiency or altruism when re
by Barrin92 4y ago
the entire language used here, from altruism, to value, to efficiency makes no sense in a world that isn't scarce. You don't need efficiency or altruism when resources aren't limited.
Imposing artificial scarcity on the internet is like imposing the caste system on a modern society. It's a way to differentiate people by status in a world that has no need for that distinction any more. Literally putting a rotten economic system on a domain that could be free of it and practically limitless, like people driving cars with the break pulled so others can feel faster.
What we really need to do is get the ideology out of people's heads that burning energy so you can get a hexagonal twitter avatar to set yourself apart from all the round avatar people is a way to organize society.
- seibelj 4y agoProof of Stake will come to Ethereum soon, and when it does, the environmental argument against NFTs and other ETH-based tokens will be moot. On the concept of creating artificial scarcity, this is a philosophical debate and we will not agree.