Andrew has a great theory about how the discovery of cryptocurrency is the Great Filter.
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@sarahdoingthing productive investment doesn't need to be incentivized -
@cwage then why do governments manipulate the interest rate? - 12 more replies
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And it's always too late to outlaw them, because usually the people in power are heavily invested by the time stuff goes wrong.
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@sarahdoingthing No need to worry. Long term the total value of all such currency has an upper bound proportional to economic activity. - 1 more reply
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