Patents and "intellectual property" are incredibly stupid and poison for innovation. Just realize, how incomprehensibly inefficient and absurd our economic system still is, where planned scarcity (and planned obsolescence for goods) is possible. A result of corruption and wrong regulation.
It is ironic, that some of the value of bitcoin, besides of its functions, comes also from planned scarcity, due to the 21 mio coins limit.
Marx is probably rotating nervously in his grave, because of the possibility, that "the means of production" are in reach of the masses more then ever.
It is ironic, that some of the value of bitcoin, besides of its functions, comes also from planned scarcity, due to the 21 mio coins limit.
Marx is probably rotating nervously in his grave, because of the possibility, that "the means of production" are in reach of the masses more then ever.