2 ms·
Land not depreciating is true, because unlike capital, it doesn't suffer entropy for all intent and purpose. Compare that to a car, which is forever basically a
by kiba 11mo ago
Land not depreciating is true, because unlike capital, it doesn't suffer entropy for all intent and purpose. Compare that to a car, which is forever basically a depreciating asset.
Also, Netherland did not create land, because ocean is a type of land. They merely improve the land to the point that it can be used by people walking around, but that also preclude the ocean to be used by other means such as aquaculture and building coral reefs which can be used to provide ecosystem services and sustenance to humans.
- faidit 11mo agoNew startup idea: landhacking. We disrupt the earth's surface itself by simply building land under or above the existing land. The new land will be fully non-fungible, powered by blockchain and AI. We're so sure this will work, we're taking pre-orders for parcels of hacked land already!
- plumeria 11mo ago> They merely improve the land They terraformed it :)