Dare Obasanjo
carnage4life@mas.to
The fact there’s a crypto industry is breakdown of capitalism. The core thesis of capitalism is you produce things of value and get paid for it. So it’s net beneficial for society by incentivizing people to invent iPhones or Google search.
Crypto provides nothing of value just get rich quick schemes
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Dare Obasanjo
carnage4life@mas.toThe bug in capitalism is the implicit assumption that people’s willingness to pay for something indicates it is of positive value.
People are willing to invest in a Ponzi scheme because of the opportunity to get rich. That doesn’t mean Ponzi schemes have value to society.
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@carnage4life If society is made up of people who perceive value in spending money to take a chance at getting rich, then Ponzi schemes, crypto rugpulls, lottery tickets and MLM organizations all have value to society.
Just not the *right* value, depending on who's viewpoint you're looking at this through.
I'm pretty sure the "inherent value of hope in the American Dream" is a base concept shared by millions: That getting lucky through blind hard work is part of the deal.
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mxtthxw
mxtthxw@carnage4life g00gle is old legacy tech. It’s just Amazon links. More invention needed!
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