Charlie StrossNew blog entry: More in Sadness than in Anger: https://www.antipope.org/charlie/blog-static/2026/02/more-in-sadness-than-in-anger.html
Feòrag@cstross It seems the solution to the question the billionaires ask is to take their ill-gotten gains and redistribute the money so everyone has a decent standard of living.
Hugo Mills@feorag I suspect that when it eventually comes to that, you'd be lucky to get 5% from the liquidation.
At least the $1bn ballroom could be used as a warehouse, but even then it's probably got terrible transport links.
An awful lot of the "money" is either in the form of objects which are expensive to make but of limited utility to non-billionaires, or largely illusory -- how much is Tesla actually worth as a company, if there's no billionaires to buy it? Probably not the current market cap.
Robert Pluim 🇪🇺@darkling @feorag The point is not to "fund government" since any country with a sovereign currency can never run out of money, so the conversion percentage really doesn't matter. The point is to remove power from a bunch of toxic psychopaths, so that the government can perform its basic function of stopping its citizens from dying unnecessarily