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by pjc50
24 days ago
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A lot of this stuff is simply Veblen: https://en.wikipedia.org/wiki/Conspicuous_consumption They're not trying to consume less, they're trying to consume more (and I would count lines of code as "spend", a liability rather than an asset). Tokenmaxxing is not dissimilar to NFTs. A means of laundering electricity into stock prices and social status, which works for a while. |
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