Realizing money is just another broken supply chain with no particular special properties. Just a lot more people interested in mystifying it
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Analogy: we shop for consumer-grade money ay the level of 19th century pre-supermarket general stores. Very low volume, velocity, variety. We need the e-commerce equivalent of money. An amazon of money which can deliver personalized money lots to the last mile.
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Chamath’s viral CNBC rant on “don’t bail out the billionaires” is currently a moral argument. It needs to be a supply chain argument. Nothing against the billionaires. They are just not the priority. Preserving their rents is simply the wrong supply chain problem statement.
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End of conversation
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Have you looked at UBI in India?
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