This article describes the classic failure modes of a centrally planned economy, but for some reason calls it "overcapitalization" instead. Whatever you call it, the tech part is a distraction. This is what happens in any society, at any time when money is assigned by capricehttps://twitter.com/ahcastor/status/1194340426511273984 …
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Oh man, you'll have some exciting bedtime reading. It's the same old cast, a charismatic founder, the Saudi sovereign wealth fund, a Japanese conglomerate, a potentially world changing technology. The latest: https://www.miamiherald.com/news/business/article237257639.html …
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Just feed it right here into my veins. Thank you!
End of conversation
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