A Grumpy Computer Scientist
1 min readJan 31, 2022

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First of all let me say that I am glad that you are concerned, like me, about unfairness and the unjust accumulation of wealth and power in our current system.

I agree that removing money from the equation solves nothing, possibly makes things worse, and I said so very clearly at the bottom of my original reply.

I mildly disagree about who runs the lotteries or makes the decisions. Communal ways of doing those things fairly exist - and have existed for centuries - they are also commonly in use. Lotteries already exist and fraud is very very rare, so those seem totally moot points.

However, the observation that wealth is not (only) money is correct. And also the fact that the vast majority of crypto-whatever are either immature delusions, ponzi schemes, or both.

So the point about removing money would not work stands and we totally agree on that.

I guess it's more about who control the distribution (or its opposite, the taxation) of wealth and not the money that is the problem.

In this moment those *who have* wealth also control the distribution of opportunities that allow to make wealth (e.g. who can go to good schools, whose daddy has those very helpful friends at the country club, whose family can lend a few millions to initiate entrepreneurship, etc...), as well as controlling the taxation of the wealth by lobbying and influencing government (who lobbies and finances campaigns and invites prime ministers into their luxurious holiday villas on behalf of the poor?)

... how very convenient for the rich!

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A Grumpy Computer Scientist
A Grumpy Computer Scientist

Written by A Grumpy Computer Scientist

UK-based AI professor interested in AI, mind, science, rationality, digital culture and innovation. Hobbies: incessantly fighting nonsense.

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