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Kind of OT, feel free to skip my naive thoughts. I was sort of hoping that cryptocurrency would cause a societal shift in the “value” of money. That is, it cou
by mradek 4y ago
Kind of OT, feel free to skip my naive thoughts.
I was sort of hoping that cryptocurrency would cause a societal shift in the “value” of money. That is, it could have been used to solve some tough issues like elder care and mental health. Right now, a lot of PE companies are running these facilities on fumes and trying to get every penny they can off the lives of our families, friends, and neighbors. If “value” was shifted to something else, and not just exchanging for USD, I wonder if it could have been possible to start funding these sorts of activities based on societal good. Sorry if it sounds lame, but knowing some elderly and mentally challenged people in my life, I feel really bad when I think about how much they’ve been pushed aside and under the rug.
- junofan 4y agoIt’s not lame. When current money’s not fit for purpose, it makes sense to create new money. I think somewhat decoupling pieces of the economy similarly to how states have different currencies could create new and interesting jobs due to different rewards structures.