3 ms·
Money is just a tool to separate the value of goods and services from the goods and services themselves, allowing us to trade and chain-link them - it's not inh
by JorgeGT 11y ago
Money is just a tool to separate the value of goods and services from the goods and services themselves, allowing us to trade and chain-link them - it's not inherently bad.
For instance, I can't obtain my bread from the baker by trading my scientific publications with him, because he is not interested in turbomachinery acoustics. But a chain of value-trading is established linking funding companies, their customers, me, all the way to the baker using this tool.
He can continue the chain by purchasing a TV without needing to send X amount of bread to Samsung. Also, he can't store bread without going stale and worthless, but he can store money. Amazing invention! I doubt complex economies and products could be feasible without it.
As for the "wrong turn" of the internet, I think it's just the transition from amateur to professional, same as it happened with sports in the XX century:
> Before the advent of the Open era of tennis competitions in April 1968, only amateurs were allowed to compete in established tournaments, including the four Grand Slams. There was no prize money and players were compensated for travel expenses only [Wikipedia]
Nowadays people can (and does) live by practicing a sport or publishing content on the internet, so it is only normal that the strategy has changed into a more business-oriented focus.