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by bluegatty 17 days ago
No, this is not really moving forward, it's just a traffic jam and pollution in an otherwise pristine space - for money.

It's just the money.

If we were actually going to Mars, then yes, but somehow he made himself the 'First Trillionaire' - without even so much as getting out of Earth's orbit.

This is NFT progress, in that, there is some plausible economic value in NFTs, but in reality, it's just a hustle.

2 comments

> It's just the money.

Money is a materialization of human desire.

No - money it's a materialization of the expression of power. Desire is a subset of that.

The 'power' part is one of the most important things to understand.

In our every day lives, we see regular people 'creating value by working' and 'collecting money' and then 'spending according to their needs and desires'.

We see things like groceries, fuel, food - it all seems like relatively open and mostly kind of fair system - and it is, at that level.

But significant amount of wealth is accumulated into structure and by individuals that have power totally disproportinate to their value creation.

Kings of England didn't rule 'arbitrarily' - they owned most of the land - that was their power.

If you own all the land, the serfs can't escape your taxation - however you think you can create value, it will be taxed away.

Corporations have incredible economies of scale and leverage through division of labour that individuals could ever have - and - they are even 'limited liability.

We set individual up to compete against goliaths, and then give those goliaths special advantages.

'Parts of the Economy' are relatively fair, just, open etc. but much/most of it is not, it's a game of power leverage and accumulation, as it always has been. It's that part that people don't have a strong instinct for.

Well it’s both of those things.

Power is exercised according to desire.

You're not wrong - but when people say 'we vote with our money' ... it ends up being misleading, because of our instinct to think that individuals make those decisions collectively with their choices and will. Generally it's 'who has the power (and therefore the money)' will make those decisions.

It's a fine point, because some people believe that everything is controlled by a cabal of secret bankers and rich people and that's not true either.

'Nobody is charge' - that's also unsettling. But there are centres of great influence, many of which do not have our best interests at heart.

It's the materialization of a tiny fraction of human desire - the desires of the rest are worth only a rounding error in monetary terms.
hey mom wants you to get off the couch and come for dinner, meatloaf is ready
Ok ... but you have to at least try be funny!