“Just accept this is our world now bro. This is the way it HAS to be”

1) The more we treat things with no economic output as valuable, the less we'll actually produce.
2) When those in power prioritize monetizing BS, production suffers.
3) Monetizing BS (and the eventual crash) erodes trust, making it harder to fund / create real innovation

As much as it feels fun and too easily profitable at the moment, this whole financialization and casino-fication of society makes real businesses and taking real investment risks in the physical world a farce with ludicrously small rewards. People respond to incentives. Making…

Steve Hou

“Just accept this is our world now bro. This is the way it HAS to be” 

https://x.com/stevehouf/status/1881052349772316837

The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

katherinechampagne.com