this post was submitted on 11 Nov 2024
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Why is it depressing to you?
That much wealth for a single person who have no use. But no money for dying or needy people. Humanity is fucked.
It's not real money, it's just an estimation of the stuff they have with how much people are likely to pay for them.
If you'd actually want to convert it to real money, it'd be a decades long plan. Like what Gates is doing.
Oh sure, and money isn't actually stuff, it's just an approximation of the stuff that you could buy. You can't just buy anything you want with it.
If you want to actually convert it into stuff it's a decade long process to take the raw resources and process them into the desired end product.
(Sure it's not "real money" the same way money, laws, government, etc. aren't "real" but they're enough of a shared psychosis that it provides the ability to shape reality. Smugly pointing out that it's just another socioeconomic abstraction layer deep doesn't change the material effect on reality.)