There's a sardonic line to the effect of "The best minds of my generation are figuring out how to get people to click on ads."
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I do not share it. I think that finance can & generally does provide tangible material benefits to the real economy, like the Internet does.
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But crypto hollows out finance and hollows out technology and wears them like a skin suit.
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Can you elaborate what you mean by "degradation of finance" here? As in financial literacy, or as in respect for the finance sector?
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I feel like long ago, finance was about help people make things. Now finance is about making finance people rich.
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