Join Nostr
2026-03-13 02:23:34 UTC
in reply to

Cory Doctorow on Nostr: Companies can make more of their own stock on demand, simply by typing zeroes into a ...

Companies can make more of their own stock on demand, simply by typing zeroes into a spreadsheet - but they can only get cash by convincing a customer, creditor or investor to part with some of their own:

https://pluralistic.net/2025/03/06/privacy-last/#exceptionally-american

Tech companies have absurdly large market shares - think of Google's 90% search dominance - and so they've spent 15+ years coming up with increasingly absurd gambits to convince investors that they will continue to grow by capturing *other* markets.

20/