2 ms·
> higher market caps than God I know this was meant to be hyperbole but a quick fact-check shows that faith economy was in the triple-comma club before any of
by kevindamm 3y ago
> higher market caps than God
I know this was meant to be hyperbole but a quick fact-check shows that faith economy was in the triple-comma club before any of the tech companies. But, that's in aggregate and sidesteps the whole philosophical question of deity and property...
and to address your actual question, "it's the economy." Go to any legislator and show how the business model leverages the internet to unprecedented economic scale, you will get a good decade or two of enthusiastic support. The whole "we can self-regulate" was a stroke of luck and good timing/circumstance (and heavy lobbying, I presume),... and a demonstration of just how much faster tech can move than any legislative effort was enough to convince anyone else.