Hacker News new | ask | show | jobs
by pixl97 39 days ago
>A high density of tech billionaires in California doesn’t prevent

I put this in the case of 'eh, maybe'. Not a definite yes or no. The particular place where this breaks is asset ownership and other forms of VC fuckery that start raising the costs for everything around the country.

1 comments

Money is power. Extreme wealth means extreme power. That power can be used to screw people over even if their income looks nominally decent.