this post was submitted on 14 Jul 2026
412 points (96.6% liked)
Technology
86387 readers
4442 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Here's the thing. The bubble will pop, people will loose billions, the prices of everything will go into flux, the economy will crash, and the people who still have enough money to make serious investments during that time will be able to buy so much more stuff simply because so much more will be for sale.
We saw it happen in 2008, we saw it happen in 2020, and it will happen again when the bubble pops, and we'll just let the people who crashed the economy off the hook, and borrow more money from our future selves to pay them to fix it now.
well that doesn't sound as good, i never even considered this to be a possibility, but thinking about it logically makes sense
Happens every time. Realistically, the only thing that would "level" the playing field is a complete collapse of all currency. Unrealistically, it could be leveled through progressive taxes on obscene incomes, a recurring tax of accumulated wealth over a certain value, and closing of tax loopholes.