I recited this at bitcoin brunch on October 17, 2021.
Having alluded to my personal beliefs about an illegitimacy in monopolizing information exchange on the internet, it seems appropriate to explore therefore legitimate means of revenue generating from content creation allowed by modern telecommunications, without any threat of violence to protect profits. The advent of abundance in the digital landscape changes not only the supply of a good or service, but, as such, the opportunity costs in providing and acquiring goods and services. With internet musicians no longer needs record companies to produce records to disseminate their music and music retailers no longer confine listeners to their commercially-constricted offerings. Digital abundance allows these two end-points in an economic exchange to by-pass unnecessary, vampiric interlopers, and focus on maximizing value. This is a double edged sword. Creators and consumers can both capture value back from the clutches of archaic business practices, and also increase the overall value of their experience due to increased autonomy. I often repeat that the value of money comes from the values in the community, and that our own faith in any future value of a money reflects our faith in the future values of our communities. Consider further that if value comes from the bonds and utility shared and cultivated in communities, it stands to reason that the more communities in which creators and consumers find themselves, the more value to which they have exposure.