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BlueTie
searching PlanetScale…
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31.
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BlueTie
6y ago
In David Graeber's book on money, one detail that I always remember when I read a comment like this is how coinage was created so many times throughout history as a way to support an Army. King makes money -> gives it to the army -&
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BlueTie
6y ago
...or it's the co-opting of OWS. Michael Burry, Ryan Cohen, Elon Musk, Warren Buffett are glorified in wsb as much as the handful of hedgefunds shorting GME are hated.
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BlueTie
6y ago
I have a feeling that in a few generations people will look back and wonder how we were so concerned about an iceberg melting when we were eating a credit card per week of plastic and wiping out most of life on earth. (For the record I do t
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BlueTie
6y ago
It's possible they would, possible they wouldn't. The point is that if you project things about human intelligence i.e. "but humans like ants so why wouldn't the reverse be true? "or "most humans don't pay
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BlueTie
6y ago
A better version of that argument might be: "if ants evolved to have higher than human intellect and technology - would they be interested in studying us humans?" I think the answer is far less clear in that scenario.
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BlueTie
6y ago
Kings used to coin money, hand it out to the army and then collect taxes from the entire population that was paid in the same coin. The Fed creates dollars, hands it out to bankers and then the US gov't collects taxes from the entire p
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BlueTie
6y ago
For many people their smartphone is their only access to internet (and thus bills, emails, and everything else that is more or less essential). The difference between the group of people buying an iphone because they need access to that stu
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BlueTie
6y ago
Isn't this entire article missing the difference between a luxury item and an essential item? A smartphone 10 years ago was a luxury for just about everyone who owned one (that is, bought with extra money) now it's a requirement.