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Did you read the comment? „Not paper wealth, but physical assets like land, steel, etc…“ I’m not saying I agree but the argument was that those unicorns (or b
by portaouflop 3y ago
Did you read the comment?
„Not paper wealth, but physical assets like land, steel, etc…“
I’m not saying I agree but the argument was that those unicorns (or behemoths) are just managing actual wealth - which is rooted in real, physical things not made up digital „money“.
At least that is how I understood GP
- reducesuffering 3y agoOf course I did. An $80 billion yearly profit stream is not “paper wealth.” Every year they could’ve bought ten US Steel, so who is managing who? If you don’t believe in the value of digital money, only “real, physical things”, by all means only own cars and tools, and buy your meals with gold bars.
- hackerlight 3y agoIt's not an argument. An argument contains reasons or evidence.