You are missing the point, as I said, fiat money ruins this mechanism. Your example is a fiat era example.
Discussion
Yeh, no I’m not missing the point am I.
Bitcoin would not change this!
I just made a point that your struggling to answer.
I don’t have struggles to answer.
I think Tim Cook was a lot more productive than any employee. I am not talking about physical work, I am talking about inventiveness. Ideas and technology is the biggest driver of human productivity, not work.
I can’t tell you if it’s exactly by a factor of 884. However, this number would be way smaller without fiat.
OK you are entitled to your opinion, but I don’t agree.
Either on value add or Bitcoin reducing this.
But it is opinion, so moot to argue.
You gave me a good advice yesterday.
I am giving you an advice now:
Read „Principles of Economics“ by Saifedean Ammous
Thank you for the compliment and thank you for the advice.
Do you think Thomas Edison added more value to human productivity or 884 factory workers?
The number 884 was specific to Tim Cook, who I am familiar with.
I am not American, so while I’ve heard of Edison, I am much less familiar with him.
We also, I suspect, have a very different view of him outside of America.
I suggest we steer clear of that example.
Also, I accept you have an opinion which I am unable to influence.
And I have no skin in the game, so happy to leave it there.
Do you think fiat is not a big driver of this huge number even after having a look at these charts?
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actually, I don‘t see why someone could not be 1000 times more productive then others. Steve Jobs obviously achieved more then 1000 employees of competing mobile phone companies. Good decisions matter. There seems to be a confusion between effort and productivity.