The Art of Crypto Kayfabe
asomo.co The Art of Crypto Kayfabe |
AI summary of the linked articleInvestment assets are framed as wrestling fighters competing for investors' money in a shared "World Wide Investment Championship," with the US dollar system as the ring. Shares and bonds are called "productive" because money handed over funds enterprises that pay back interest and dividends, while gold is called "unproductive" since it only yields profit if resold. That league sits inside a larger contest where assets compete with goods like baked beans for household spending. Inflation is described as instability that affects the whole ring rather than individual fighters. |
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