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by nscalf 1894 days ago
That's really nice in theory, but in the real world money IS a proxy for time and value creation. Having money is the same thing has being able to create value, and gives you freedom to create value at your own pace however you want.

Crypto as an asset class is only working the way it is because there is a separation between perceived value and net present value. The same way fundamentalists value companies by expected earnings and angel investors look at the TAM, crypto is blowing up in large part because people are starting to believe in the story that crypto is pinned to.

At the end of the day, you probably should have some skills to fall back on and not depend on an asset increasing in value, but if you have enough assets, that is your skill.