Interesting essay written by Greece’s former finance minister and leftist economist.

  • concrete_babyOP
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    7 hours ago

    I had the same thought when NFTs became popular, but no longer. NFTs are artificial scarcity, since they have no inherent value and the uniqueness of each should therefore hold no inherent value. But the hype’s gone now. Nobody cares about NFTs because everyone knows their value is artificial. I think that is what’s gonna happen when replicators are invented. There will be brief periods of hype to create artificial scarcity, but they will pass.