With infinite supply and infinite streaming, the market price of music can look like it’s heading toward zero. But here’s the funny part: the “value-to-value experience” still starts with…(check his notes) the artist. No song, no stream. No stream, no platform.

So if the price is approaching zero, that’s a market dynamic — but the source of the value is still the person who made the thing. Turns out even in late-stage tech capitalism, the creator is still doing the creating if we support sound money. Who knew?