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Maybe consumer sentiment doesn't matter much if you, despite negative feelings, still have to invest a chunk of your paycheck every month into those stonks to be able to get a pension and live a bit once you hit 75... if you're lucky.

Yeah, I think everyone feeling like they're forced to YOLO everything into the market is part of the negative sentiment. Can't get by on hard work. Commies like to blame corporate greed, which is stupid because when have people not been greedy. Personally I blame the extractive, Cantillonistic industries that have coalesced around an out of control money printer.

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175 sats \ 1 reply \ @optimism 13 May

Would it be fair to assert that weaknesses in systems, especially relatively monolithic ones, will always be exploited?

This is essentially how I once envisioned "Bitcoin fixes this". That is not the popular 2018 Ammous vision of replacing one flawed system with another, but the one where we get a chance to choose our own tradeoffs, and opt out of what we feel works against us while still having something to opt in to.

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I think it's fair to assert the correlation, absolutely. Which is why one must always be suspicious of centralized power, wherever that power comes from.

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