Friction is bad. The frictionless systems we create around here are profitable because we can own stake in the currency itself. We no longer have to worry about capturing value from apps... although most devs are programmed to look for ways to do this. It's going to take a while to get where we need to be.
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Great point @edicted. One of the most overlooked aspects, from an economic perspective, is the velocity of money. Many want to focus upon other factors but this can override everything. If an economy has the velocity of money flowing at an incredible rate, its growth will be outstanding.
Friction obviously slows that down. Extractors tend to get in the way of things. By removing this, extra economic growth is the natural result since the friction was removed. This can only do one thing: accelerate the velocity of money.
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