RE: Digital Feedback Loop
What happens when we can basically automate all the drudgery out of this kind of work and have robots and machinery doing all of it? 1000 people all doing the same inefficient farming practices becomes worth it, just like 1000 people all running a copy of the same crypto node is already worth it.
Welcome to the deflationary age. That is what makes me laugh about the Church of Inflation led by Peter Schiff and his followers.
They have no clue the impact of technology on, well, everything. I have an article coming out tonight that spells out the trend in food. Very interesting stuff.
The reality is that if it werent for all that many consider bad, they would still be mailing physical letters to each other and placing long distance phone calls to communicate.
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