(no title)
oarabbus_ | 2 years ago
Well, according to you maybe. The customers/patrons of the company probably have a differing view.
oarabbus_ | 2 years ago
Well, according to you maybe. The customers/patrons of the company probably have a differing view.
tomcar288|2 years ago
guiriduro|2 years ago
gruez|2 years ago
If you think "the entire banking/finance sector" is just shuffling money around, then the problem is that you have a simplified view of what they do, and therefore think their 10% (or whatever) contribution to the GDP is oversized. Banking/finance is far more than what you encounter day to day (ie. retail banking). They also assess risk, make forecasts, and make decisions on how capital is allocated. All of that requires staff and costs money.
>(Not that there wouldn't need to be some efficient algorithmic distribution of resources to maximise human wellbeing, of course; To each according to their need etc.)
Given how DAOs turned out in the past few years, I'm skeptical that'll ever work out.
henry2023|2 years ago
noelherrick|2 years ago
taeric|2 years ago
unknown|2 years ago
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