73 sats \ 3 replies \ @dergigi OP 26 Nov 2022 \ parent \ on: The Problem of Using Attention as a Currency bitcoin
Exactly. It doesn't make sense for an apple. But it makes sense for a picture of an apple.
Because reproduction is free, a digital image or a piece of text can't have a market price.
Digital artifacts can be reproduced at zero marginal cost. Regular pricing models don't make sense. This book got the problem definition right, but not much else I'm afraid.
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13 sats \ 0 replies \ @sommerfeld 26 Nov 2022
Thanks for the reading suggestion, looks interesting.
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0 sats \ 1 reply \ @premitive1 26 Nov 2022
I added to a reading list, but found it a little ironic to our conversation that he sells the digital copy of the book for $13.99!
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52 sats \ 0 replies \ @dergigi OP 26 Nov 2022
Yeah, don't buy it. (Or buy the physical copy.) It's not great, I just wanted to point out that this is a known problem and there is a lot of prior work in regards to the problem definition.
V4V is a behavioural solution. Lightning allows for a technical solution.
I think wedding and extending both is the way.
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