Damus
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Laeserin profile picture
The whole idea that it's a good thing for someone to get millions of dollars just dropped on their heads, when they have barely even started, is California Capitalism.

I think it leads to feverish boom/bust cycles, rather than more steady, organic growth.

And there's no evidence that the end result is better. Maybe being built a bit slower, by people with a small budget might actually have a positive effect on the product development. 🤔
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Guy Swann · 85w
Agree except that calling it California Capitalism I think is inaccurate. Capitalism is actually based on free markets, we have. Nothing of the sort, not even slightly. What you describe is a consequence of the fiat debt system, which is based on the communist tenant of central banking and money as...