James Wallbank wrote:
Are these investors... the people RESPONSIBLE... us?
Yes, but that is only because we are confused about *why* we should invest. We think we should invest so we can accumulate tokens. But tokens are only *pointers* to value. We should be investing for Product, but for some reason cannot imagine this simplified scenario. We need to build For-Product corporations funded by the Consumers of those Products. People who want eggs would co-own a chicken farm. People who want milk would co-own a dairy. People who want public transportation would co-own a bus. People who want Internet connectivity would co-own an ISP. People who want cloud storage would co-own a datacenter. There is no need to sell those products, except the surplus. Any surplus sold should be sold at a Profit (allowing the market to set the Price), but then we must treat that overpayment as though it were an Investment from that latecoming, disadvantaged Payer - so each and every one of us can eventually co-own the Means required to Produce all that we need.