evergrande
Joined 5 years ago
Joined 5 years ago
It's also worth examining the current system. How happy are you with your bank's 0.01% interest rate? Which is actually negative when you factor in inflation that's eroding the value of our dollars faster than ever, and increasingly transferring wealth to the top 1%? How happy are you about bank CEO compensation and bailouts? No one in crypto is asking for a bailout, even when it crashes 80%. And what about the fact that bank's charge poor people the most or flat out deny service? Or the fact that it's all closed source and behind closed doors.
Web 3 is nothing like that.
https://www.investors.com/wp-content/uploads/2018/03/CPIChar...
https://www.jonstokes.com/p/web3-the-rise-of-the-aligned-web
Also look at shrinkflation: https://www.reddit.com/r/shrinkflation/
Also look at ingredient swaps in food, like HFCS.
Also look at products that have swapped in cheaper materials.
Also look at artificially cheap labor.
Harvard devaluing their diploma is good because smart people will get off the credential treadmill and do something productive instead.