Google’s parent company, Alphabet, hit a new milestone on Friday: a $2 trillion market cap.

Google is now the world’s fourth most valuable public company, right behind Nvidia, Apple, and Microsoft, which has a market cap of just over $3 trillion and overtook Apple earlier this year for first place.

  • AnAnonymous@lemm.ee
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    6 months ago

    A bunch of zeros in an electronic economic system what didn’t even exist in the reality.

        • Deceptichum@sh.itjust.works
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          6 months ago

          I tried to convert 2 trillion to Roman numerals found out they never used M, instead it’s either using an Etruscan system where you’d have something like CCCCCCIƆƆƆƆƆƆƆƆ or an X with some lines above it that I can’t write.

          • tal@lemmy.todayOP
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            6 months ago

            Unicode has a “combining overline” character (U+305). Just stick it after the character you want. I’m on Android, and could use “UnicodePad”.

            I think that trying to represent it like that would exceed the comment length limit on the Threadiverse, though.

      • maynarkh@feddit.nl
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        6 months ago

        No, but a derivatives market that is apparently worth more than the world’s GDP times 100 really doesn’t make sense.

        There is nuance between abolishing money and having Wall Street own every major company and selling parts of each many times over.

      • Kalkaline @leminal.space
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        6 months ago

        Why are you trying to reason with a person that says nonsensical things like that? You’re wasting your time and effort. It’s ok to just downvote and move on.

        • wahming@monyet.cc
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          6 months ago

          There may not be any hope of changing his mind. But pointing out the ridiculousness of their comment can potentially make the difference to other people who may not have the same knowledge, or haven’t thought it through.

        • Glowstick@lemmy.world
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          6 months ago

          I make wool.

          You make bricks.

          I need your bricks, but you don’t need wool.

          How do i buy your bricks?

          • Barbarian@sh.itjust.works
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            6 months ago

            Simple. You trade wool for a club, then use the club to take the bricks. Finally, use the club to take back your wool. Perfect economic system!

          • AnAnonymous@lemm.ee
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            6 months ago

            I’m not talking about the concept and use of money(which it’s supposed to be backed in something real) I’m talking about the electronic system of money, which are just an unreal electronic bunch of numbers backed up in nothing, maybe if the countries economies return to be backed at least in something real it would be better for the world’s economy.

            Edit: to give you a practical example, do you think if you add up the money that supposedly exists in all the banks worldwide, is there something physically real that represents that value? Or what is the same, could you buy everything that exists and still have money left over?

            The actual problem it’s modern economy it’s backed in nothing else than zeros into an electronic economic system, so it will only benefit to the most wealthy 1%.

            • Glowstick@lemmy.world
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              6 months ago

              Paper money is often backed up by nothing. It’s a little scrap of paper that only has value because we’ve all agreed it has value.

              • AnAnonymous@lemm.ee
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                6 months ago

                At least paper money it’s something real, what about adding and quitting zeros in a LCD panel? Using it correctly you can make countries go to the fuck and other countries have a great economy. Even more if it’s a centralized economic system.

                • MakePorkGreatAgain@lemmy.basedcount.com
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                  6 months ago

                  so you only use paper money, dont get paid via direct deposit, dont use any modern banking mechanisms like debit cards linked to your bank account?

                  how do you even function?

                • Glowstick@lemmy.world
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                  6 months ago

                  What do you mean by “real”? The paper is literally worthless by itself. It’s only worth anything because we’ve all agreed on it. It’s the same exact situation with the digital zeros and ones.

                  • AnAnonymous@lemm.ee
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                    6 months ago

                    Yeah I think I used the wrong term… it will be something more like physically possible than real.