@futurebird @crmsnbleyd all of these reasons was why the top tax brackets were/are at 90%. To keep the bewildered and overwrought multi-millionaires and billionaires from making poor decisions
J
jadp@mastodon.social
@jadp@mastodon.social
A forum for discussing and organizing recreational softball and baseball games and leagues in the greater Halifax area.
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One of the problems with having very wealthy people is that often they have no idea what they should do with their money. -
The original Ponzi Scheme created by Carlo Pietro Giovanni Guglielmo Tebaldo Ponzi (what a name!) involved buying international stamps and using a loophole to get free money.@futurebird it’s unfortunate that the main use of distributed ledger technologies and blockchain specifically has been in grift and cons. There are beneficial and low-resource uses, especially in supply chain efficiencies and provenance, and in decentralized identifiers and verification of people but more importantly, of things. But these uses have mostly fallen away.