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25 sats \ 0 replies \ @TheBTCManual 14 Aug 2022 \ on: Why Labor Productivity Has Collapsed bitcoin
With the financial economy becoming so huge that it allows so many people to spend their time chasing claims on productivity rather than productivity itself it was only a natural move as people look for the easiest way to attain claims with the least amount of work, this is what happens under a soft money system
Eventually the financial economy becomes such a burden that it has to collapse because of all the double spending and claims on claims