3 ms·
> Nothing can make nothing Is the implication that technology (like blockchain and digital currencies) and financial operations (like brokerages and exchanges)
by erulabs 4y ago
> Nothing can make nothing
Is the implication that technology (like blockchain and digital currencies) and financial operations (like brokerages and exchanges) can create no legitimate wealth? Because I might humbly suggest this forum, which is run by a venture capital firm specializing in technology, might not rush to agree with you.
Less humbly, if you're suggesting labor is what makes things valuable, that's possibly one of the worst ideas in the history of economic thought. SBF might be a fraud, but it doesn't implicate cryptocurrencies, much less capitalism.