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Externalities matter. The report is showing people (and thus society) doing badly on average, and society overall is doing even worse because of the additional
by sdenton4 4y ago
Externalities matter. The report is showing people (and thus society) doing badly on average, and society overall is doing even worse because of the additional external costs.
- capableweb 4y ago> Externalities matter Sure, agree. But I don't think that's the topic here, the general harm/good done by cryptocurrencies, the submission is talking exclusively about profits or the lack of them rather. If I invest 100 USD in Facebook and the stock gains double its value, I now have profits, no matter how bad Facebook is for the world.
- startupsfail 4y agoYou’ll have unrealized gain. If, at the same time, some foreign government was sponsoring Facebook to dismantle the democracy, and successfully achieved that, overall, you might be worse off.