if 1 person literally had all the world’s money, the world would move onto something else to trade and that money would be literally useless…
Depends on the money and the actual quantity. Gold, for example, would have a ton of use/value regardless of what’s minted out of it.
All the physical money in circulation today? You’d have a trash/storage problem of some magnitude.
All the bits or coin on a ledger? Maybe a curious legal situation.
yeah even musk has less than 1% of global wealth but given there are 8 billion people that is still a massive number and at his and other rich peoples wealth its still causing massive economic problems that could sink the whole system.
This one was more boring than interesting, Randall normally goes into at least some exploration of the actual question but not so this time.
