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160 sats \ 3 replies \ @Undisciplined 3 Jun \ on: Are we thinking about MoE all wrong? bitcoin
Things will still cost money, but business models might change dramatically.
Similar to how we still pay for cell service, but not for minutes, we may transition to subscriptions/memberships with businesses that provide goods and services at no extra charge.
Yep..i should have been more clear that costs don't just disappear...they get shifted elsewhere. "Free" at the consumer level for most if not all basic goods
MoE as a function will always inherently exist, just a matter of where we see MoE taking place..and who/what is doing the exchanging
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It’s interesting to note that more efficient systems, like lightning, will delay this change. With much lower transactions costs, the expectation is to see even more small scale transactions.
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