#thegreatdepression — Public Fediverse posts

What’s missing in the defence of #Bitcoin from #Brave #Ai is that a major contributing factor to the great depression was the overproduction of household goods. Now we have an Ai arms race and data centers to feed Bitcoin investors, to maintain its blockchain. Supply defeated demand in the Great Depression and every one who invested in the boom went broke overnight. The same it appears could be true for the lure and promise of our technology all over again. The proof is, technology is not a cure to our social, economic, political (growth of corruption financing inequality and injustice) and sustainability problems. WW3 is and cannot be a get out of jail card! A balanced economy, so you don’t put all your eggs in one basket demands the democratic rights of diverse interests! Party politics sucks big time, as it depends on corporate finance to protect and serve the ultras unsustainable idea of corporate sovereignty. #mmt #Correction #ErrorLearning #TheGreatDepression #AWayOut #CorporateSovereignty #OrTheEnd #TheGreaterDepression #ecocide #AiArmsRace #Ai #PhR #AiBankruptcy #WW3 #philosophy