I have this theory that during periods of intense creative destruction, old institutions that survive at all turn into de facto banks, defined primarily by assets they manage to freeze and build moats around. Eg. Catholic church during reformation turned into a real estate bank
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Quantum ownership models. Where "ownership" is a probability distribution over risk/agency space or something. The idea that ownership is a particle with unambiguous position/momentum is very 17th century.
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This is a great insight. Now look at $40,000 a year for college + lifelong student debt as "usury" rather than an education AND IT ALL MAKES SENSE. More banking is happening than education without a doubt.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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