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add a dash of solutionism, greed, etc.
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Capital never met an externality it couldn't ignore
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If you put the body of a work into an NFT without permission, could the rights-holder file a DMCA against miners to stop publishing the part of the blockchain that contains their copyrighted material? Essentially forcing a rollback?
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You’ve likely read this already, but in case nothttps://adamtooze.substack.com/p/chartbook-newsletter-15?token=eyJ1c2VyX2lkIjo1NTc2NjgsInBvc3RfaWQiOjMzMDcxMzAyLCJfIjoibmQ0NHMiLCJpYXQiOjE2MTUwODA5ODQsImV4cCI6MTYxNTA4NDU4NCwiaXNzIjoicHViLTE5Mjg0NSIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.Q18oqSUVw29Ox35gcWfndeK0YNyoXY-n3vQDIWjC10w …
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One cause is obviously the current abundance of money and scarcity of sane places to put them. But I don’t think we should rule out good old human greed and folly. Dubious “get rich quick” schemes tend to be a recurrent theme in economic history.
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Unless more companies pay dividends there’s no such thing as a productive investment unless it’s in a sustainable company that’s actively helping the planet.
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